current black market exchange rate dollar to birr

Q: Is the Dollar going up or down against the Ethiopian Birr?Ī: Today's exchange rate (54.53) is lower compared to yesterday's rate (54.5389).Ī: 50 Dollars buys 2726.5 Ethiopian Birr at interbank exchange rates. Q: What is the Dollar worth against the Ethiopian Birr?Ī: One Dollar is worth 54.53 Ethiopian Birr today Currency Converter Exchange Rate History For Converting Dollars (USD) to Ethiopian Birr (ETB) Currency Charts Exchange Rate Today For Converting Dollars to. To convert Dollars to Ethiopian Birr or determine the Dollar Ethiopian Birr exchange rate simply use the currency converter on the right of this page, which offers fast live exchange rate conversions today! EUR Converted to 1.00000 EUR 59.24960 ETB Mid-market exchange rate at 19:26 UTC Track the exchange rate 50+ currencies in one account EUR to ETB conversion chart 1 EUR 59.24960 ETB As of 1 min ago, 1 EUR 59. The forex shakeup is just one of a raft of decisions taken by former Lagos State governor Tinubu since he came to presidency two weeks ago promising reforms to revitalise the economy of Africa's most populous nation.For full history please visit USD/ETB exchange rate history page The controls had created a back up in demand for foreign currency and a thriving black market or parallel trade where the naira was selling at around 750 to the greenback.įoreign airlines operating in Nigeria, for example, had often complained of their inability to expatriate millions of dollars of their earnings because of the controls. 'A lot of the market distortions that were there because the central bank and the Nigerian government were trying to control the FX price, will go. 'It is effectively both a devaluation as well as a deregulation,' said Tunde Ajileye, an analyst at Nigeria's SBM Intelligence. The naira currency had officially traded at around 460 to the dollar last week, but by the end of official trade on Wednesday it had closed at around 660 to the dollar, according to local traders and analysts. 'All segments are now collapsed into the Investors and Exporters window,' it said in a statement posted on its website.

You won’t receive this rate when sending money. The naira will also be traded at a 'willing buyer, willing seller' market rate instead of regulated rates against the US dollar and other currencies, the statement said. 1.00 From USD US Dollar To ETB Ethiopian Birr 1.00 US Dollar 54.55 Ethiopian Birrs 1 ETB 0.0183305 USD We use the mid-market rate for our Converter.

Current black market exchange rate dollar to birr