Convert Qatari Riyal to Ethiopian Birr
Convert Qatari Riyal (QAR) to Ethiopian Birr (ETB) using daily updated exchange rates.
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Exchange Rate
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About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
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.
Quick Reference Table
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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).