Ethiopian Birr Detail
OriginEthiopia
First Minted1894
MaterialVarious
TypeCurrency
About Ethiopian Birr Detail
See Ethiopian Birr entry. The modern birr is managed by the National Bank of Ethiopia, established in 1963. The birr is not freely convertible. Ethiopian banknotes feature waterfalls, farmers, and the Lion of Judah on older issues. The birr has faced significant devaluation due to foreign exchange shortages and political instability. Ethiopia is one of the fastest growing economies in Africa despite monetary challenges.
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