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AUD to ETB - Compare Exchange Rates

Australian Dollar to Ethiopian Birr - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to ETB interbank exchange rate = 20.3346

Right now the AUD/ETB interbank exchange rate is 20.3346. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Ethiopian Birr to 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

This AUD/ETB Converter calculates equivalent Australian Dollar to Ethiopian Birr amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / ETB converter & margin calculator


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Mid-rates:
 
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Australian Dollar

Ethiopian Birr

1 AUD 20.33 ETB
5 AUD 101.67 ETB
10 AUD 203.35 ETB
20 AUD 406.69 ETB
50 AUD 1,016.73 ETB
100 AUD 2,033.46 ETB
250 AUD 5,083.65 ETB
500 AUD 10,167.30 ETB
1,000 AUD 20,334.60 ETB
2,000 AUD 40,669.20 ETB
5,000 AUD 101,673.00 ETB
10,000 AUD 203,346.00 ETB
50,000 AUD 1,016,730.00 ETB
100,000 AUD 2,033,460.00 ETB
See more

Australian Dollar

Ethiopian Birr

0.0492 AUD 1 ETB
0.2459 AUD 5 ETB
0.4918 AUD 10 ETB
0.9835 AUD 20 ETB
2.4589 AUD 50 ETB
4.9177 AUD 100 ETB
12.29 AUD 250 ETB
24.59 AUD 500 ETB
49.18 AUD 1,000 ETB
98.35 AUD 2,000 ETB
245.89 AUD 5,000 ETB
491.77 AUD 10,000 ETB
2,458.85 AUD 50,000 ETB
4,917.70 AUD 100,000 ETB
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ETB Country Guides
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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
21 Mar 201920.3510Latest
14 Mar 201920.21391 Week+0.68%
19 Feb 201920.47671 Month-0.61%
22 Sep 201820.20846 Months+0.71%
21 Mar 201821.35241 Year-4.69%
21 Mar 201717.51712 Years+16.18%
22 Mar 201417.47575 Years+16.45%
23 Mar 20097.022710 Years+189.79%

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

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Ethiopian Birr (ETB) - Market news and forecasts

No recent Ethiopian Birr market updates.