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United States Dollar to Ethiopian Birr - Convert Compare Save

USD to ETB mid-rate = 27.9686

Right now the USD/ETB market mid-rate is 27.9686 and represents ideally how many Ethiopian Birr you can get for one United States 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 United States Dollar to Ethiopian Birr currency amounts (at mid-rate) below.

USD / ETB Converter


$USD


BrETB
1 United States Dollar equals
27.9686 Ethiopian Birr

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

Foreign Transfers

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

United States Dollar

Ethiopian Birr

1 USD 27.97 ETB
5 USD 139.84 ETB
10 USD 279.69 ETB
20 USD 559.37 ETB
50 USD 1,398.43 ETB
100 USD 2,796.86 ETB
250 USD 6,992.15 ETB
500 USD 13,984.30 ETB
1,000 USD 27,968.60 ETB
2,000 USD 55,937.20 ETB
5,000 USD 139,843.00 ETB
10,000 USD 279,686.00 ETB
50,000 USD 1,398,430.00 ETB
100,000 USD 2,796,860.00 ETB
See more

United States Dollar

Ethiopian Birr

0.0358 USD 1 ETB
0.1788 USD 5 ETB
0.3575 USD 10 ETB
0.7151 USD 20 ETB
1.7877 USD 50 ETB
3.5754 USD 100 ETB
8.9385 USD 250 ETB
17.88 USD 500 ETB
35.75 USD 1,000 ETB
71.51 USD 2,000 ETB
178.77 USD 5,000 ETB
357.54 USD 10,000 ETB
1,787.70 USD 50,000 ETB
3,575.40 USD 100,000 ETB
See more

ETB Country Guides
EthiopiaEthiopia

United States Dollar to Ethiopian Birr (USD-ETB) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
10 Dec 201828.1600Latest
03 Dec 201828.12381 Week+0.13%
10 Nov 201828.06001 Month+0.36%
13 Jun 201827.53616 Months+2.27%
10 Dec 201727.09651 Year+3.92%
10 Dec 201622.46962 Years+25.32%
11 Dec 201319.05985 Years+47.75%
12 Dec 20089.399410 Years+199.59%

Best Rates for USD/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 USD/ETB market rate I see on Google or in the Media?

The USD/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 USD / 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 USD/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 USD to ETB exchange rate

  1. Know the latest USD/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, Research and Forecasts for United States Dollar and Ethiopian Birr

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

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

United States Dollar (USD) - Market news and forecasts

2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of November 2018, the dollar stood nearly 5 percent higher than its level on January 1st. The dollar benefitted in the month leading up to this report from Brexit uncertainty in Europe and from a collapse in the oil market, which saw its value rise against petro-currencies.

Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, the dollar has averaged trade-weighted gains of 1.8 percent in November and 0.2 percent in December.

In September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term. It predicted EUR/USD climbing as high as $1.30, from levels in the high $1.13s at the time of writing.

Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump clearly would like a far weaker currency.

J.P. Morgan said in November that the dollar would be worth slightly more in the first half of 2019, before weakening slightly in the second half of the year.

Ethiopian Birr (ETB) - Market news and forecasts

No recent Ethiopian Birr market updates.


United States Dollar News and Forecasts

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