Updated: May 24
According to the exchange rate from Commercial Bank of Ethiopia. Euro increased by 3.4686 birr per 1 Euro only in the last four months. Also, 2.7484 birr per 1 USD, 0.6779 Cents per 1 Dirham and 0.6614 Cents per Saudi Riyal.
How this happened? Why this happening? the government or stake holders have to clarify this may affect the current economic status of Ethiopia.
You can Checkout Weekly Ethiopian currency exchange review from Ashruka channel.