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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Euro (EUR) to Ethiopian birr (ETB) market data - latest interbank exchange rate, trend, chart & historic rates.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Ethiopian birr is to review how the EUR/ETB rate has changed over time.
The table below shows the percentage change in the EUR to ETB exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | EUR/ETB | Change | Period |
|---|---|---|---|
07 Jul 2023 | 59.90 | 1.7% ▲ | 2 Week |
22 Apr 2023 | 60.01 | 1.5% ▲ | 3 Month |
21 Jul 2022 | 53.74 | 13.3% ▲ | 1 Year |
22 Jul 2018 | 32.48 | 87.5% ▲ | 5 Year |
23 Jul 2013 | 24.75 | 146.1% ▲ | 10 Year |
26 Jul 2003 | 9.6287 | 532.6% ▲ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Ethiopian birr across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-ETB interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
For a traveler planning a 1-week mid-range stay in Ethiopia, a budget of approximately $600 to $1,000 USD is advisable, depending on personal preferences and activity choices. This range accounts for daily expenses and occasional splurges. Here's a brief breakdown of typical daily costs in Ethiopian Birr (ETB) 💸:
Overall, Ethiopia is considered an affordable destination compared to other major countries. In comparison, expenses in Ethiopia are roughly 50% lower than in the United States and about 30% cheaper compared to the UK, making it an enticing choice for budget-conscious travelers seeking unique and enriching experiences.
For expats, understanding the financial landscape in Ethiopia is crucial. Typical monthly living costs for a single person can range between 15,000 to 25,000 ETB, which includes rent, utilities, groceries, and transportation. Here’s a breakdown of common expenses: rent for a decent one-bedroom apartment can range from 8,000 to 15,000 ETB, while groceries may cost around 3,000-5,000 ETB.
When it comes to banking and transactions, Ethiopian banks allow for local currency accounts, which can help avoid exchange rate losses. However, using international credit or debit cards is only feasible in urban areas and can incur significant fees. When sending or receiving money, using online services like Wise or OFX often provides better rates and lower fees than local exchanges, making them ideal for expats. It is generally more advantageous to avoid exchanging large amounts of money locally due to higher overhead costs and instead opt for more competitive online transfer services where possible.
View a full list of exchange rates by selecting your Base (from) currency:
