Ethiopian Birr Exchange Rate

At Banks Ethiopia, you will find all Ethiopian Birr exchange rates for different currencies and Ethiopian banks in one place. Not only will you find the dollar to birr exchange rates, but a daily comparison of rates from all the banks and currencies.

The exchange rate in Ethiopia is the value of our country’s currency in relation to another currency for conversion purposes. For example the currency of the US Dollar to the Ethiopian Birr exchange rate. It is also called a forex rate or FX rate. These values may change every day depending on several factors.

If you take 1 USD to be exchanged to Ethiopian Birr, the exchange rate for US Dollar to Ethiopian birr might differ in Ethiopia due to the bank rates. We’ve made it easy to choose the bank which offers the best Ethiopian birr exchange rate in a quicker method. Some of the rates you’ll find are:

• CBE exchange rate (Commercial Bank of Ethiopia)
• National Bank of Ethiopia exchange rate
• Dashen Bank exchange rate
• Awash bank exchange rate
• And many more

Best Ethiopian Birr Exchange Rate of today

Ethiopian Birr Exchange Rate Table for Each Bank

 

The above tables show:

• List of different country currencies
• Names of currencies
• Buying rate
• Buying trend
• Selling rate
• Selling trend

The exchange rate in Ethiopia chart also provides a key link between a country and the rest of the world, both in goods and assets markets. It affects the volume of both imports and exports (by changing their relative prices), as well as the stock of foreign debt in domestic currency terms.

Foreign Currency Declarations

According to the National Bank of Ethiopia, temporary visitors such as tourists and businessmen who carry foreign currency cash notes exceeding USD 3,000 or equivalent in any other convertible foreign currency shall declare foreign currency in their possession by using the foreign currency customs declaration form prepared for this purpose on arrival.

Transit travelers staying in Ethiopia for more than 24 hours and carry foreign currency cash notes exceeding USD3,000 or equivalent in any other convertible foreign currency, shall declare foreign currency in their possession by using the foreign currency customs declaration form prepared for this purpose on arrival

Foreign currency cash notes shall be exchanged into Birr only with banks and authorized forex bureaus at the given Ethiopian Birr exchange rate. Reconversion of birr into foreign currency is allowed, if the reconversion request is supported by original receipts produced by banks and customs declaration for value exceeding USD3,000.

List of Banks With Open Transactions Rates

Modern banking in Ethiopia was started in 1905 with the establishment of Abyssinian Bank which was based on a fifty-year agreement with the Anglo-Egyptian National Bank.

Read more about Ethiopian bank’s services.