If you take USD to be exchanged to Ethiopian Birr, the exchange rate for 1 Dollar to birr today might differ in Ethiopia due to the bank rates. These values may change every day depending on several factors.
It is also called a forex rate or FX rate. For example the currency of the US Dollar to the Ethiopian Birr exchange rate. The exchange rate in Ethiopia is the value of our country’s currency in relation to another currency for conversion purposes. Not only will you find the dollar to birr, euro to birr and other exchange rates, but a daily comparison of rates from all the banks and currencies. At Banks Ethiopia, you will find all Ethiopian Birr exchange rates for different currencies and Ethiopian banks in one place.