Birr

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Birr

The currency of Ethiopia. It was introduced in 1945, replacing the East African shilling, though an earlier birr had been the currency prior to the East African campaign and the Italian occupation of Ethiopia. It is noted for its high rate of inflation, estimated at over 11% in 2005 and 41% in 2008. Interestingly, the official translation of the birr was "dollar" until 1976, when "birr" became the appropriate word in both Amharic and English.
References in periodicals archive ?
If foreign competition does come, it might well struggle to compete with fine Ethiopian coffee served at 5 Ethiopian birr ($0.
Contract Awarded To Ethiopian Birr Road Construction Project
Paintings at the three-month-old Guramayle Art Centre can cost 27,000 Ethiopian birr ($1,350).
8 billion Ethiopian birr loan to recipients in the current Ethiopian financial year.
The survey is calculated to cost about 1,363,205 million USD which is about 24,537,690 million Ethiopian Birr.
The regional government of Amhara invested 120m Ethiopian birr ($6.
Eritrea has taken an important step towards securing autonomy in monetary policy with the issue of its own currency, the nakfa, to replace the Ethiopian birr.
We have no say in monetary policies because of the union with the Ethiopian Birr.

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