Ethiopia: USD exchange rate

* indicates monthly or quarterly data series

USD Exchange rate

 Latest value 56.7197
 Reference March 2024
 Measure Ethiopian Birrs per USD
 Data availability September 2004 - March 2024
 Average 23.5449
 Min - Max 8.5939 - 56.7197
 Source Google Finance
The currency chart for Ethiopia shows historical data for the Ethiopian Birrs per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Ethiopian Birrs per USD. Depreciation implies that goods from Ethiopia become cheaper to export and it becomes cheaper for foreigners to visit Ethiopia.

The series for Ethiopia are available from September 2004 to March 2024. For that period, the average exchange rate for Ethiopia was 23.5449 Ethiopian Birrs per USD with a minimum of 8.5939 Ethiopian Birrs per USD in January 2005 and a maximum of 56.7197 Ethiopian Birrs per USD in March 2024. The most recent available data point is 56.7197 Ethiopian Birrs per USD, a change of 0.19% from the previous data point of 56.6101 Ethiopian Birrs per USD and a change of 5.55% from a year ago when the level was 53.7375 Ethiopian Birrs per USD.

Currency values in Ethiopia and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series

Recent values chart
Ethiopia - USD exchange rate - recent values

Historical chart
Ethiopia - USD exchange rate - historical chart - 2004-2024
Measure: Ethiopian Birrs per USD
Source: Google Finance

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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.

 Related indicators Latest value Reference Measure
 Inflation 33.9 2022 percent
 Money supply (broad money) 1,799.58 Q3/2022 billion
 Consumer Price Index (CPI) 408.5393 9/2023 index points
 Inflation, monthly 2.60 9/2023 percent
 Inflation, annual 28.23 9/2023 percent
 Deposit interest rate 7.71 Q3/2022 percent
 USD exchange rate 55.2492 9/2023 Local Currency Units per USD
 Exchange rate regimes 5 2021 index points
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