Exchange Rate in Ethiopia

Ethiopia Exchange Rate | Economic News & Forecasts

Ethiopia - Exchange Rate

The economy is expected to have grown at a steady clip in the 2018–2019 fiscal year, which ended in July. Solid public infrastructure spending likely kept activity healthy, despite electricity rationing and foreign exchange shortages hampering momentum. Turning to the current fiscal year, data is scarce although headwinds are likely restraining growth. Particularly, the critical agricultural sector remains hampered by ongoing drought as well as a locus invasion in certain parts of the country, which is worsening food shortages, fueling inflation and likely weighing on government finances. Meanwhile, on the political front, the government unveiled an ambitious jobs creation plan in late October, aimed at creating 20 million new jobs by 2025, partly through increasing the country’s private sector.

Ethiopia - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)19.05  20.33  21.26  22.40  27.58  

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Ethiopia Exchange Rate Chart

Ethiopia Exchange Rate
Note: Exchange rate, ETB per USD (eop).
Source: Thomson Reuters.

Ethiopia Facts

Exchange Rate29.590.01 %Sep 04
Stock Market0.40.0 %Sep 04

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