Current NZD-ETB mid-market exchange rate

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Today's NZD-ETB commentary

During the last 14 days period, we can observe a very important difference (2.78%) between the maximum level of NZD 1 = ETB 18.5042 we saw last Sunday and the minimum value of NZD 1 = ETB 17.9896 we observed on October 10. It is interesting to note that despite these heavy fluctuations, the current NZD-ETB exchange rate is just now in the vicinity of its average level of the last 2 weeks. Converting NZD 1,500 at the actual mid-market gets you ETB 27,522, while it would have converted into ETB 27,756 last Sunday but only ETB 26,984 on October 10.

NZD Profile

Name: New Zealand dollar

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Reserve Bank of New Zealand

Country(ies): New Zealand

Rank in the most traded currencies: #11

ETB Profile

Name: Ethiopian birr

Symbol: Br

Minor Unit: 1/100 Santim

Central Bank: National Bank of Ethiopia

Country(ies): Eritrea, Ethiopia