What's the difference between birr and currency?

Birr


Definition:

  • (v. i.) To make, or move with, a whirring noise, as of wheels in motion.
  • (n.) A whirring sound, as of a spinning wheel.
  • (n.) A rush or impetus; force.

Example Sentences:

  • (1) The community pays 1,200 birr for waste removal once or twice a month and has recently started charging outsiders 1 birr to use them.
  • (2) Education is free until the age of 17, when there is a 60 birr registration fee.
  • (3) I rummage through my pockets for the 1.5 birr (5p) fare as passengers clamber on and off at regular intervals before we reach the Bole bridge bus terminal.
  • (4) He is building himself a three-bedroom house with satellite TV and internet access for about 500,000 birr (£15,000).
  • (5) One of those labouring on the railway is happy enough with his Chinese managers, but says his fee of 50 birr (£1.50) a day is insufficient and that “there’s no safety” – recently four workers died when a hole they were digging collapsed, he says.
  • (6) People are arriving exhausted, scared and in increasing numbers,” said Bhajat Al Arandas, an official with Al-Birr Society, which is working with UNHCR to distribute aid to the refugees.
  • (7) They are doing daily labour work on a farm to secure their lives.” Another addition to the village, in 1998, was a 1.5m birr medical centre.
  • (8) The school owns three hectares (7.5 acres) of land and last year grew six tonnes of wheat, earning a return of 55,000 birr.
  • (9) Birr et al., have shown that the C-terminal region of thymosin alpha 1 is essential for the biological activity.
  • (10) But officials in this fast-developing city say they have a 100m birr (£3m) plan to build an extra 25 public toilets within the next year along with 103 community and 289 mobile toilets, the latter equipped for pregnant women and people with disabilities.

Currency


Definition:

  • (n.) A continued or uninterrupted course or flow like that of a stream; as, the currency of time.
  • (n.) The state or quality of being current; general acceptance or reception; a passing from person to person, or from hand to hand; circulation; as, a report has had a long or general currency; the currency of bank notes.
  • (n.) That which is in circulation, or is given and taken as having or representing value; as, the currency of a country; a specie currency; esp., government or bank notes circulating as a substitute for metallic money.
  • (n.) Fluency; readiness of utterance.
  • (n.) Current value; general estimation; the rate at which anything is generally valued.

Example Sentences:

  • (1) For a union that, in less than 25 years, has had to cope with the end of the cold war, the expansion from 12 to 28 members, the struggle to create a single currency and, most recently, the eurozone crisis, such a claim risks accusations of hyperbole.
  • (2) Silvio Berlusconi's government is battling to stay in the eurozone against mounting odds – not least the country's mountain of state debt, which is the largest in the single currency area.
  • (3) Because while some of these alt-currencies show promise, many aren't worth the paper they're not printed on.
  • (4) Gavin Andresen, formerly the chief scientist at the currency’s guiding body, the Bitcoin Foundation, had been the most important backer of the man who would be Satoshi.
  • (5) • Criminal sanctions should be introduced for anyone who attempts to manipulate Libor by amending the Financial Services and Market Act to allow the FSA to prosecute manipulation of the rate • The new body that oversees the administration of Libor, replacing the BBA, should introduce a "code of conduct" that requires submissions to be corroborated by trade data • Libor is set by a panel of banks asked the price at which they expect to borrow over 15 periods, from overnight to 12 months, in 10 currencies.
  • (6) That was what the earlier debate over “currency wars” – when emerging markets complained about being inundated by financial inflows from the US – was all about.
  • (7) The initial impact was felt on the local currency market where a shortage of foreign exchange caused a looming crisis.
  • (8) Single-currency membership has no bearing on the foreign policy post.
  • (9) By easing these huge flows of hundreds of billions across borders, the single currency played a material role in causing the continent's crisis.
  • (10) This deal also promotes the separation of the single market and single currency – a British objective for many years that would have been unthinkable in the Maastricht era.
  • (11) Investors recognised the true horror of Europe’s toxic bank debts, and the restrictions imposed by the single currency.
  • (12) But he added: “It’s also true that extremely low oil prices, adverse changes in currency rates, and a further decline in power prices are having a significant effect on our business.” Tony Cocker, the chief executive of E.ON UK, said milder weather and improved energy efficiency in British homes were behind the fall in power use, hitting sales.
  • (13) It announced that it would phase out the dual currency system.
  • (14) It is one of six banks involved in talks with the Financial Conduct Authority over alleged rigging in currency markets and Ross McEwan, marking a year as RBS boss, also pointed to a string of other risks in a third quarter trading update.
  • (15) Spain was the worst hit of the currency bloc's major economies with a 0.8% drop in industrial production.
  • (16) But Frank argues the disastrous attempt at curbing markets through currency reform in 2009 has shown the cost of turning back from change.
  • (17) The survey also found that Osborne's currency union veto made 30% more likely to vote no with only 13% more inclined to vote yes.
  • (18) Eurozone leaders ooze confidence that Greece’s financial collapse could be easily weathered by the rest of the currency bloc.
  • (19) But persistent falls in the currency’s value during December towards the previous low point has increased the cost of imported goods and forced businesses to say that price rises are in the pipeline.
  • (20) Updated at 2.48pm GMT 1.42pm GMT Another question riffing off Britain's EU referendum - how will Europe draw up new structures such as co-ordinated banking supervision when some members of the EU are refusing to ever join the single currency?