Exchange Rate in Ethiopia

Ethiopia Exchange Rate | Economic News & Forecasts

Ethiopia - Exchange Rate

Activity is expected to have remained moderate at the end of FY 2018 and at the start of FY 2019. Exports dropped in the third quarter of FY 2018, widening the trade deficit. While electricity rationing from May-July disrupted economic activity. That said, robust infrastructure spending should keep growth among the fastest in the region. Moreover, the government’s ambitious reform drive should encourage investment and spur activity ahead. On 9 September, the government unveiled its latest reform and development blueprint, which focuses on improving key sectors such as agriculture and manufacturing. However, UN officials cautioned that the government should keep spending in check as public debt is projected to have hit a record high last year.

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

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

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