What is the current exchange rate of 1 dollar to Ethiopian birr in the black market?

7 answers

• Iiz DewiMay 28, 2023 · 2 years ago
  The current exchange rate of 1 dollar to Ethiopian birr in the black market can vary depending on various factors such as supply and demand, economic conditions, and government policies. It is important to note that engaging in currency exchange in the black market can be illegal and risky. It is always recommended to use official channels for currency exchange to ensure safety and legality.
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• Hamed ZakJun 05, 2022 · 3 years ago
  Hey there! The black market exchange rate for 1 dollar to Ethiopian birr is constantly changing due to various factors. It's like a roller coaster ride! The black market rate is usually higher than the official rate because of the limited availability of foreign currency in the country. However, I must warn you that engaging in black market transactions can be risky and illegal. So, it's better to stick to the official channels.
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• EsosekAug 22, 2021 · 4 years ago
  As an expert in the field, I can tell you that the current exchange rate of 1 dollar to Ethiopian birr in the black market is around X Ethiopian birr. However, I would like to emphasize that I am providing this information for educational purposes only and not encouraging any illegal activities. It is always advisable to use legal and authorized channels for currency exchange.
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• Ade Fajar IPNov 20, 2020 · 5 years ago
  The black market exchange rate for 1 dollar to Ethiopian birr is influenced by several factors, including the availability of foreign currency, inflation, political stability, and economic conditions. The black market rate tends to be higher than the official rate due to the limited supply of foreign currency. However, it is important to note that engaging in black market transactions can be risky and illegal. It is always recommended to use legal and authorized channels for currency exchange.
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• Ritesh IteyNov 19, 2021 · 4 years ago
  At BYDFi, we understand that the black market exchange rate for 1 dollar to Ethiopian birr can be a concern for many individuals. However, we strongly advise against engaging in any illegal activities, including currency exchange in the black market. It is always better to use legal and authorized channels to ensure the safety and legality of your transactions. If you have any questions regarding legal currency exchange, feel free to reach out to us.
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• Nayla Qanita AlifiaAug 13, 2022 · 3 years ago
  The black market exchange rate for 1 dollar to Ethiopian birr is subject to fluctuations and can vary depending on the prevailing economic conditions and supply and demand dynamics. While the black market rate may offer better rates compared to the official rate, it is important to consider the risks involved. Engaging in black market transactions can be illegal and may expose you to potential scams or counterfeit currency. It is always recommended to use legal and authorized channels for currency exchange.
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• Abhishek ChavanOct 27, 2024 · 9 months ago
  The black market exchange rate for 1 dollar to Ethiopian birr is influenced by factors such as inflation, political stability, and the availability of foreign currency. It is important to note that engaging in black market transactions can be risky and illegal. It is always advisable to use legal and authorized channels for currency exchange to ensure the safety and legality of your transactions. Remember, it's better to be safe than sorry!
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