ETB/EUR
ExoticEthiopian BirrEuro
0.00543
+0.4 pips+0.73%
Bid
0.00543Ask
0.00543spread
0.0 pips24h Δ+0.73%
Price chart
Daily volatility
0.25%
0.00%2.00%
Low volatility0.25%
52-week range
0.01
0.010.01
0.005320.005430.00661
30-day return
-0.51%
ConsolidatingKey correlation
Coming soon
24h volume
Global OTC (decentralized market)
About ETB/EUR
The ETB/EUR pair represents the exchange rate between Ethiopian Birr and Euro. This shows how many Euros are needed to buy one Ethiopian Birr.
Currency converter
You send
You receive
1 ETB = 0.00543 EUR
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.006608
Low
0.005316
52-week range
0.0054330.0053160.006608
Low
0.005316
High
0.006608
Currency converter
You send
You receive
1 ETB = 0.00543 EUR
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.006608
Low
0.005316
52-week range
0.0054330.0053160.006608
Low
0.005316
High
0.006608
Frequently Asked Questions
The current ETB/EUR exchange rate is 0.0054, meaning 1 ETB equals 0.0054 EUR. The rate has increased by +0.73% in the past 24 hours.
ETB/EUR has risen by +0.85% over the last week. The monthly change is a -0.51% drop.
The current spread for ETB/EUR is 0.0000, with a bid price of 0.0054 and an ask price of 0.0054. The spread represents the transaction cost for trading this currency pair.
ETB/EUR highest rate in the last year was 0.0066, and its lowest rate was 0.0053.
The ETB/EUR exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Ethiopian Birr and Euro, inflation rates, GDP growth, trade balances, and geopolitical events. Monetary policy decisions by each country's central bank are typically the most significant driver of currency movements.
Investors in Latin America can access the forex market through international brokerage platforms and regulated forex brokers. Many platforms accept local payment methods and only require a valid government ID or passport to get started. Make sure to choose a regulated broker with transparent fee structures.
ETB/EUR can be traded during 24/5 (Sun 22:00 - Fri 22:00 GMT). The forex market operates nearly 24 hours a day during the business week, with the highest liquidity typically during the London and New York session overlap.
Many investors in Latin America hold hard currencies like ETB (Ethiopian Birr) as a hedge against local currency devaluation. If your local currency loses value relative to ETB, your holdings in ETB preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.