Convert Ethiopian Birr to Moroccan Dirham
Please provide values below to convert Ethiopian Birr [ETB] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Ethiopian Birr.
How to Convert Ethiopian Birr to Moroccan Dirham
1 ETB = 15.1679229155335 MAD
Example: convert 15 ETB to MAD:
15 ETB = 15 × 15.1679229155335 MAD = 227.518843733002 MAD
Ethiopian Birr to Moroccan Dirham Conversion Table
| Ethiopian Birr | Moroccan Dirham |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.