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    Ethiopia - Ethiopian birr - Currency Guide

     

    Foreign exchange guide to Ethiopia and the Ethiopian birr (ETB)

    What's in this Ethiopia currency guide?

    1. USD/ETB trend
    2. Forecasts
    3. Travel Ethiopia
    4. Spending ETB
    5. Send to Ethiopia
         

    USD/ETB Trend (90-day)

    USD to ETB at 47.32 has risen 3.6% above its 90-day average, range 44.09-47.32.
    |
    1-DAY+1.4%
    90-DAYHIGH
     

    The below interactive chart displays the USD/ETB trend and UP DOWN HIGH LOW alerts

     
    USD to ETB Currency Trend Chart
       

    US dollar to Ethiopian birr - Historical Rates

    USD/ETB wasChangePeriod
    46.39
    05 Oct 2021
    1.4% 2 Weeks
    44.09
    21 Jul 2021
    6.7% 90 Days
    37.26
    19 Oct 2020
    26.2% 1 Year
    22.26
    20 Oct 2016
    111.3% 5 Years
    17.12
    22 Oct 2011
    174.7% 10 Years
    8.8313
    24 Oct 2001
    432.5% 20 Years
    USD/ETB change over periods to 19-Oct-2021
     

    $10,000 USD
    =
    Br473,181 ETB

    Converted at USD/ETB interbank rate, compare Send Money and Currency Exchange exchange rates.

    USD to ETB - Quick Amounts

    Sell USD   →   Buy ETB
    USD ETB
    $ 1 Br 47.32
    $ 5 Br 236.60
    $ 10 Br 473.20
    $ 20 Br 946.40
    $ 50 Br 2,366
    $ 100 Br 4,732
    $ 250 Br 11,830
    $ 500 Br 23,660
    $ 1,000 Br 47,320
    $ 2,000 Br 94,640
    $ 5,000 Br 236,600
    $ 10,000 Br 473,200
    $ 20,000 Br 946,400
    $ 50,000 Br 2,366,000
    $ 100,000 Br 4,732,000
    USD ETB
    $ 0.0211 Br 1
    $ 0.1057 Br 5
    $ 0.2113 Br 10
    $ 0.4227 Br 20
    $ 1.0567 Br 50
    $ 2.1134 Br 100
    $ 5.2835 Br 250
    $ 10.57 Br 500
    $ 21.13 Br 1,000
    $ 42.27 Br 2,000
    $ 105.67 Br 5,000
    $ 211.34 Br 10,000
    $ 422.68 Br 20,000
    $ 1,057 Br 50,000
    $ 2,113 Br 100,000

    More amounts

     

    Frequently Asked Questions

     

    What currency should I use in Ethiopia?

    The domestic currency in Ethiopia is the Ethiopian birr.

    What is the Ethiopian birr currency code and symbol?

    The three letter currency code for the Ethiopian birr is ETB — symbol is Br.

    Which countries use the Ethiopian birr?

    It is the domestic currency in    Ethiopia.

    Is the Ethiopian birr a closed currency?

    Yes the Ethiopian birr is a closed currency. Which means that you may find it difficult to purchase the currency (ETB) before departure and will probably need to buy it upon arrival. If you do manage to buy some of the currency or have some left over from a previous trip, make sure you are aware if you are allowed to bring this closed currency into the country.

    For more information and a full list of closed currencies please refer to our guide: What is a closed currency?

     

    Travel, Currency and Money saving tips for Ethiopia

    Travel money for Ethiopia

    As mentioned above, the Ethiopian birr is a closed currency. Which means that you may find it difficult (or be permitted) to purchase the currency (ETB) before departure and will need to buy it upon arrival in Ethiopia.

    For these types of destinations, using a pre-paid travel card is a good solution. As no travel cards support loading closed currencies like the ETB you will incur currency conversion or foreign transaction fees if you use a travel money card in Ethiopia.

    However, using a pre-paid travel card is still a good idea as you can avoid ATM fees and also you can avoid using (and losing!) your main bank or debit/credit card.

     

    Send Money to Ethiopia - Best Rates

    To get a good (and fair) exchange rate when sending money to Ethiopia you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers to Ethiopia

    When sending money to Ethiopia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or Ethiopian birr amount you want to transfer
    3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
    4. Once your funds are received by the provider the converted ETB amount will be transfered to the recipient account you specify in Ethiopia.

    Use the above Send to Ethiopian birr calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Ethiopian birr deposited into the recipient bank account and less margins and fees kept by the banks!


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