Convert Ethiopian Birr to Moroccan Dirham
Convert Ethiopian Birr (ETB) to Moroccan Dirham (MAD) using daily updated exchange rates.
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Exchange Rate
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About Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, the second most populous country in Africa and one of the world's fastest-growing economies. The word "birr" means "silver" in Amharic. The National Bank of Ethiopia manages monetary policy. Ethiopia's economy is largely agricultural - it is the world's largest producer of chat (khat) and one of the largest of coffee, which is believed to have originated in the Ethiopian highlands. The birr is divided into 100 santim.
About Moroccan Dirham
The Moroccan Dirham (MAD) has been the official currency of Morocco since 1960, replacing the franc used during the French protectorate period. Bank Al-Maghrib manages monetary policy with a managed float exchange rate pegged to a basket of the Euro and US Dollar. Morocco has one of Africa's most diversified economies, with revenues from phosphate exports (the world's third largest producer), tourism, remittances from Moroccans abroad, and growing manufacturing including automotive and aerospace sectors. Morocco has signed a free trade agreement with the EU.
Quick Reference Table
| Ethiopian Birr (ETB) | Moroccan Dirham (MAD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).