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AUD to ETB Calculator

Australian Dollar to Ethiopian Birr - Convert Compare Save

 

AUD to ETB mid-rate = 20.4073

Right now the AUD/ETB market mid-rate is 20.4073 and represents ideally how many Ethiopian Birr you can get for one Australian Dollar.

Looking for ETB travel money? Then it is important to note that the Ethiopian Birr is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

You can calculate equivalent Australian Dollar to Ethiopian Birr currency amounts (at mid-rate) below.

AUD / ETB Converter


$AUD


BrETB
1 Australian Dollar equals
20.4073 Ethiopian Birr

Compare how much you can save on
AUD/ETB exchange rates for:

Foreign Transfers

 
 
3 Month AUD to ETB Chart
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Sending to ETB we recommend: WorldRemit WorldRemit

Australian Dollar

Ethiopian Birr

1 AUD 20.41 ETB
5 AUD 102.04 ETB
10 AUD 204.07 ETB
20 AUD 408.15 ETB
50 AUD 1,020.37 ETB
100 AUD 2,040.73 ETB
250 AUD 5,101.83 ETB
500 AUD 10,203.65 ETB
1,000 AUD 20,407.30 ETB
2,000 AUD 40,814.60 ETB
5,000 AUD 102,036.50 ETB
10,000 AUD 204,073.00 ETB
50,000 AUD 1,020,365.00 ETB
100,000 AUD 2,040,730.00 ETB
See more

Australian Dollar

Ethiopian Birr

0.0490 AUD 1 ETB
0.2450 AUD 5 ETB
0.4900 AUD 10 ETB
0.9800 AUD 20 ETB
2.4501 AUD 50 ETB
4.9002 AUD 100 ETB
12.25 AUD 250 ETB
24.50 AUD 500 ETB
49.00 AUD 1,000 ETB
98.00 AUD 2,000 ETB
245.01 AUD 5,000 ETB
490.02 AUD 10,000 ETB
2,450.10 AUD 50,000 ETB
4,900.20 AUD 100,000 ETB
See more

ETB Country Guides
EthiopiaEthiopia

Australian Dollar to Ethiopian Birr (AUD-ETB) - 10 Year History

The below table shows the historic variation in the AUD/ETB exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Jan 201920.4073Latest
12 Jan 201920.56931 Week-0.79%
20 Dec 201820.15801 Month+1.24%
23 Jul 201820.34096 Months+0.33%
19 Jan 201821.84401 Year-6.58%
19 Jan 201717.09522 Years+19.37%
20 Jan 201416.93245 Years+20.52%
21 Jan 20096.401910 Years+218.77%

Best Rates for AUD/ETB Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


Why can't I just get the AUD/ETB market rate I see on Google or in the Media?

The AUD/ETB mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / ETB was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/ETB midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to ETB exchange rate

  1. Know the latest AUD/ETB market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Ethiopian Birr

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs ETB, you should pay attention to both Australian Dollar and Ethiopian Birr news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.

By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.

Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.

One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.

Ethiopian Birr (ETB) - Market news and forecasts

No recent Ethiopian Birr market updates.

Currency News and Forecasts - Australian Dollar

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