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The National Bank of Ethiopia (NBE) in 2008. On 29 July 2024, the National Bank of Ethiopia (NBE) relaxed restrictions on the value of the Ethiopian birr to secure a loan of $10.7 billion from the International Monetary Fund (IMF) and World Bank. [1]
The florin had been introduced because of increasing silver prices after World War I. At that time, the Indian rupee was the currency of the British East African states. The rupee, being a silver coin, rose in value against sterling. When it reached the value of two shillings, the authorities decided to replace it with the florin.
The birr (Amharic: ብር) is the primary unit of currency in Ethiopia.It is subdivided into 100 santims.. In 1931, Emperor Haile Selassie formally requested that the international community use the name Ethiopia (as it had already been known internally for at least 1,600 years [2]) instead of the exonym Abyssinia, and the issuing Bank of Abyssinia also became the Bank of Ethiopia.
Prices in the Ugandan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/ 50 " and 100 shillings as "100/ = " or "100/-".
Inverted, this gives approximately £E0.975 for one pound sterling. This exchange value of 97.5 piastres to the pound sterling continued until the early 1960s when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of E£1 = US$2.3.
Egyptian pound: EGP LE (Latin) ج.م (Egyptian Arabic) Egypt: Eritrean nakfa: ERN Nkf (Latin script) ናቕፋ (Ge'ez script) ناكفا (Arabic script) Eritrea: Ethiopian birr: ETB Br (Latin Script) ብር (Ethiopic Script) Ethiopia: Gambian dalasi: GMD D Gambia: Ghanaian cedi: GHS ₵ Ghana: Guinean franc: GNF FG Guinea: Kenyan shilling: KES ...
Prices in the Kenyan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/ 50 " and 100 shillings as "100/ = " or "100/-".
Flemish pound – Burgundian Netherlands; French colonial pound – French Guiana, Guadeloupe, Haiti, Martinique, Mauritius and Réunion; French pound – France; Gambian pound – The Gambia; Georgia pound – Georgia; Ghanaian pound – Ghana; Gibraltar pound – Gibraltar; Guadeloupe pound – Guadeloupe; Guernsey pound – Guernsey (not an ...