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The birr (Amharic: ብር) is the primary unit of currency in Ethiopia.It is subdivided into 100 santims.. In 1931, Emperor Haile Selassie formally requested that the international community use the name Ethiopia (as it had already been known internally for at least 1,600 years [2]) instead of the exonym Abyssinia, and the issuing Bank of Abyssinia also became the Bank of Ethiopia.
Although generally described as Ethiopian, mesob baskets belong to a larger tradition of Harari basketry. A mesob is depicted on the 10 birr note. Mesob baskets are used in funeral ceremonies to support family of the deceased person and the baskets are widely viewed as a symbolical representation of Ethiopian and Eritrean culture and their cuisine. [4]
Ethiopia's first revenues were issued in 1930. The earliest issue consisted of four stamps printed by Waterlow and Sons, with a Lion of Judah in the centre. This issue exists either with a background design of ornamental scallops or with a plain background. The Ethiopian Empire fell to Italy at the end of the Second Italo-Ethiopian War in 1936.
Old Ethiopian Birr depicting Haile Selassie over bank notes rarely circulating in Ethiopia. In 1997, Selassie was mentioned in the Ween song Mutilated Lips. In 2001, Ethiopian pop star Teddy Afro released a song titled "Haile Selassie", depicting its namesake in a nationalistic light. [357] [358]
5th-century gold coin of King Ezana.. Aksumite currency was coinage produced and used within the Kingdom of Aksum (or Axum) centered in present-day Ethiopia and Eritrea.Its mintages were issued and circulated from the reign of King Endubis around AD 270 until it began its decline in the first half of the 7th century where they started using Dinar along with most parts of the Middle East.
The nakfa (ISO 4217 code: ERN; Tigrinya: ናቕፋ naḳfa, or Arabic: ناكفا or نقفة nākfā) is the currency of Eritrea and was introduced on 15 November 1997 to replace the Ethiopian birr at par. The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence.
The First Five-Year Plan involved a total investment of about 839.6 million birr, 25% above the projected 674 million birr, the Second Five-Year Plan was 13% higher than planned at 1,694 million birr, and the Third Five-Year Plan was estimated to cost 3,115 million birr. There were numerous issues including deficient national development ...
The coin remains popular in North Africa and the Middle East to this day in its original form: a silver coin with a portrait of the ruler on the front and the Habsburg Double Eagle on the back. [8] In the United Kingdom, the Maria Theresa thaler bearing the date of 1780 is a "protected coin" for of Part II of the Forgery and Counterfeiting Act ...