Convert Ethiopian Birr to Swedish Krona
Please provide values below to convert Ethiopian Birr [ETB] to Swedish Krona [SEK], or Convert Swedish Krona to Ethiopian Birr.
How to Convert Ethiopian Birr to Swedish Krona
1 ETB = 14.316104900307 SEK
Example: convert 15 ETB to SEK:
15 ETB = 15 × 14.316104900307 SEK = 214.741573504605 SEK
Ethiopian Birr to Swedish Krona Conversion Table
| Ethiopian Birr | Swedish Krona |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.