ETB - Ethiopian Birr

Ethiopia's national currency is called the birr (Amharic: ). One hundred santim make up its division.When Ethiopia, as it had been called internally for at least 1,600 years[2], was officially requested by Emperor Haile Selassie I in 1931, the issuing Bank of Abyssinia changed its name to the Bank of Ethiopia as well. So, even though it was the same nation and the same currency before and after 1931, the pre-1931 currency may be referred to as the Abyssinian birr and the post-1931 currency as the Ethiopian birr.A total of 186 billion birr ($14.7 billion or €9.97 billion) were in circulation in 2008.Paris, Berlin, and Addis Abeba are just a few of the mints where coins have been produced. Addis Abeba was typically the mint where unminted coins were produced.

The State Bank of Ethiopia first issued notes on July 23, 1945, in the following denominations: 1, 5, 10, 50, 100, and 500 Birr. Imperial Proclamation 207 of July 27, 1963, created the National Bank of Ethiopia, which went into operation on January 1, 1964. With the exception of the 500 birr note, the National Bank of Ethiopia took over note manufacture in 1966. Ethiopia announced the release of new banknotes in denominations of 10, 50, 100, and 200 birr on September 14, 2020, with the latter being released to address the need for a large denomination note to combat inflation. In December, older 10, 50, and 100 birr notes were demonetized. According to the federal government, 

The State Bank of Ethiopia first issued notes on July 23, 1945, in the following denominations: 1, 5, 10, 50, 100, and 500 Birr. Imperial Proclamation 207 of July 27, 1963, created the National Bank of Ethiopia, which went into operation on January 1, 1964.With the exception of the 500 birr note, the National Bank of Ethiopia took over note manufacture in 1966. Ethiopia announced the release of new banknotes in denominations of 10, 50, 100, and 200 birr on September 14, 2020, with the latter being released to address the need for a large denomination note to combat inflation. In December, older 10, 50, and 100 birr notes were demonetized. According to the federal government, more than 113 billion