1

I'm not an economics perofessional, but I understand currency exchange rates are calculating based on economic stands.

On the 14th of September, 2018 the currency exchange rate for Ethiopian Birr (ETB) dipped to 14 ETB for 1 USD. It was 27 ETB for 1 USD before and after that day.

What are the possible causes for such a dip and how can I find out?

ETB Exchange rate for the past month

2

Seems like a data glitch. This chart does not show the same spike:

enter image description here

  • What kind of data glitch? How does data flow? – Amanuel Nega Sep 27 '18 at 5:53
  • 1
    You'd have to ask Google. I have no idea how they process data. It's not uncommon, though. – D Stanley Sep 27 '18 at 13:29

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