ETBU
ETB/USD
Market Open
9 Jun, 11:19
$
0. 006213
+0.000013
+0.2176%
$
1 Volume
$ 0.0062
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ETBUSD Overview
ETBUSD denotes the exchange rate between the Ethiopian Birr (ETB) and the United States Dollar (USD), showing how many US dollars are needed to buy one birr. Quotes for ETBUSD are used to assess the relative purchasing power and to facilitate currency conversion between Ethiopia and dollar-denominated economies.
The Ethiopian Birr is the official currency of the Federal Democratic Republic of Ethiopia. Issued and regulated by the National Bank of Ethiopia, the birr underpins domestic transactions and is subject to the country’s monetary and foreign exchange policies.
The United States Dollar is the official currency of the United States and the world’s predominant reserve and trade currency. Administered by the Federal Reserve System, the dollar plays a central role in international finance, trade invoicing, and global capital markets.
Exchange rate fluctuations in ETBUSD are shaped by supply and demand dynamics, differences in interest rates, inflation trends and central bank actions. Additional drivers include Ethiopia’s external balances, export receipts and remittance flows, commodity prices, and geopolitical or macroeconomic developments that influence investor confidence.
Movements in ETBUSD are relevant to exporters, importers, remitters and portfolio managers for pricing, hedging and investment decisions, as well as for assessing currency risk in cross-border transactions.
The Ethiopian Birr is the official currency of the Federal Democratic Republic of Ethiopia. Issued and regulated by the National Bank of Ethiopia, the birr underpins domestic transactions and is subject to the country’s monetary and foreign exchange policies.
The United States Dollar is the official currency of the United States and the world’s predominant reserve and trade currency. Administered by the Federal Reserve System, the dollar plays a central role in international finance, trade invoicing, and global capital markets.
Exchange rate fluctuations in ETBUSD are shaped by supply and demand dynamics, differences in interest rates, inflation trends and central bank actions. Additional drivers include Ethiopia’s external balances, export receipts and remittance flows, commodity prices, and geopolitical or macroeconomic developments that influence investor confidence.
Movements in ETBUSD are relevant to exporters, importers, remitters and portfolio managers for pricing, hedging and investment decisions, as well as for assessing currency risk in cross-border transactions.
ETBUSD Chart
ETBUSD FAQ
What is the current ETB/USD price?
The current rate is $0.006213, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ETB/USD rate changed today?
The rate has changed by +0.000013 (+0.2176%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was $0.006200, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is ETB/USD moving up or down?
Movements in ETB/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.2176%) is based on the difference between the current rate and the previous closing rate.
Is ETB/USD trending up or down right now?
If the current rate ($0.006213) is above the previous close ($0.006200), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for ETB/USD directly on this page.
