A shop owner counts Ethiopian Birr in his stall at the Shola Market in Addis Ababa on December 4, 2023.
Photo by Michele Spatari/AFP via Getty Images.
Ethiopia, Nigeria and How Currency Floating Impacts Economy
The Ethiopian Birr has lost a significant amount of its value after the government moved away from a fixed exchange rate system. Its ongoing aftershock is familiar to Nigerians.
