The currency used in Ethiopia is the Ethiopian Birr (ETB). The Birr is subdivided into 100 cents and is further distinguished into banknotes and coins of various denominations. The Ethiopian Birr is regulated and issued by the National Bank of Ethiopia, the country's central bank. The value of the Birr can be subject to fluctuations due to economic factors, including inflation rates and foreign exchange stability. Ethiopia, with its rich cultural heritage and diverse population, has experienced significant changes in its economy in recent years, impacting the currency's value.