cbe

USD
55.7444
56.8593
,
GBP
67.2742
68.6197
,
EUR
60.3991
61.6071
,
CHF
60.9734
62.1929
,
SEK
4.8329
4.9296
,
NOK
4.6491
4.7421
,
DKK
7.3299
7.4765
,
DJF
0.3122
0.3184
,
JPY
0.3429
0.3498
,
CAD
37.2068
37.9509
,
SAR
13.4497
13.7187
,
AED
13.7354
14.0101
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
33.1801
33.8437
,
SDR
,
ZAR
,
CNY
7.0626
7.2039
,
KWD
172.3885
175.8363

awash

EUR
56.5106
57.6408
,
GBP
64.5257
65.8162
,
JPY
0.4037
0.4118
,
CHF
57.4629
58.6122
,
SAR
14.1527
14.4358

abyssinia

abay

USD
55.7444
56.8593
,
EUR
60.3991
61.6071
,
GBP
70.4442
71.8531
,
CHF
63.8465
65.1234
,
AUD
36.6631
37.3964
,
AED
15.1772
15.4807
,
CNY
7.804
7.9601
,
DKK
8.0993
8.2613
,
DJF
0.3122
0.3184
,
INR
0.6684
0.6818
,
JPY
0.3789
0.3865
,
KES
0.3632
0.3705
,
NOK
5.1371
5.2398
,
SAR
14.8616
15.1588
,
ZAR
2.9639
3.0332
,
SEK
5.3402
5.447
,
SDR
74.2906
75.7764

zemen

CAD
40.1728
40.9763
,
EUR
58.6912
59.865
,
GBP
67.4111
68.7593
,
SEK
4.9496
5.0486
,
USD
55.5052
55.5052

buna

USD
54.778
55.8736
,
EUR
60.4201
61.6285
,
GBP
67.3216
68.668
,
AED
13.4962
13.7661
,
SAR
13.2148
13.4791
,
CAD
37.5106
38.2608
,
CNY
6.9339
7.0726
,
USD
7.3374
7.4841
,
EUR
4.7259
4.8204
,
GBP
60.0815
61.2831
,
AED
0.3485
0.3555
,
SAR
4.8953
4.9932
,
CAD
170.2997
173.7057
,
CNY
33.2543
33.9194

nib

GBP
67.2742
68.6197
,
EUR
60.3991
61.6071
,
CHF
60.9734
62.1929
,
USD
55.7444
56.8593
,
CAD
37.2068
37.9509
,
AED
13.7354
14.0101
,
SAR
13.4497
13.7187

berhan

USD
53.4492
54.5182
,
EUR
58.0672
59.2285
,
GBP
62.7892
64.045
,
CAD
36.1521
36.8751
,
AED
13.1691
13.4325
,
YUA
7.1276
7.2702

wegagen

USD
55.6943
56.8082
,
GBP
67.15
68.493
,
EURO
61.0131
62.2334
,
CAD
37.0968
37.8387
,
AUD
33.3569
34.024
,
CHF
60.3518
61.5588
,
SEK
4.8352
4.9319
,
NOK
4.7282
4.8228
,
DKK
7.4063
7.5544
,
DJF
0.3121
0.3183
,
INR
0.6681
0.6815
,
KSH
0.3635
0.3708
,
JPY
0.3393
0.3461
,
SAR
13.438
13.7068
,
AED
13.7231
13.9976
,
ZAR
3.1723
3.2357
,
CNY
7.0459
7.1868
,
KWD
172.3665
175.8138

dgb

USD
55.7444
56.859288
,
GBP
70.4442
71.853084
,
EUR
60.3991
61.607082
,
CHF
63.8465
65.12343
,
CAD
41.1125
41.93475
,
AUD
36.6631
37.396362
,
SEK
5.3402
5.447004
,
NOK
5.1371
5.239842
,
DKK
8.0993
8.261286
,
DJF
0.3122
0.318444
,
INR
0.6684
0.681768
,
KSH
0.3632
0.370464
,
JPY
0.3789
0.386478
,
SAR
14.8616
15.158832
,
AED
15.1772
15.480744
,
ZAR
2.9639
3.023178
,
CNY
7.804
7.96008
,
KWD
180.5115
184.12173

enat

USD
53.1422
54.205
,
GBP
62.1342
63.3769
,
CHF
0
0
,
SEK
0
0
,
NOK
0
0
,
DKK
0
0
,
KES
0
0
,
JPY
0
0
,
DJF
0
0
,
CAD
0
0
,
AUD
0
0
,
SAR
0
0
,
AED
0
0
,
ZAR
0
0
,
CNY
0
0

addis

nbe

KWD
126.8085
129.34467
,
CNH
5.6258
5.738316
,
ZAR
2.6751
2.728602
,
AED
9.9063
10.104426
,
SDR
57.7908
58.946616
,
EUR
48.4016
49.369632
,
CAD
28.7765
29.35203
,
AUD
28.3265
28.89303
,
JPY
0.3389
0.345678
,
SAR
9.7001
9.894102
,
INR
0.5525
0.56355
,
DJF
0.2234
0.227868
,
KES
0.3664
0.373728
,
DKK
5.8896
6.007392
,
NOK
4.2714
4.356828
,
SEK
4.3114
4.397628
,
CHF
41.5822
42.413844
,
GBP
53.539
54.60978

dashen

USD
55.7444
56.8593
,
GBP
67.2742
68.6197
,
CHF
60.9734
62.1929
,
SEK
4.8329
4.9296
,
NOK
4.6491
4.7421
,
DKK
7.3299
7.4765
,
JPY
0.3429
0.3498
,
CAD
37.2068
37.9509
,
SAR
13.4497
13.7187
,
AED
13.7354
14.0101
,
EUR
60.3991
61.6071
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY
,
AED

oromia

lion

USD
55.716
56.8303
,
GBP
67.3251
68.6716
,
EUR
60.7026
61.9167

coop

USD
55.6943
56.8082
,
GBP
70.3141
71.7204
,
EUR
61.0131
62.2334
,
SAR
14.8486
15.1456
,
AED
15.1636
15.4669

gadaa

hijra

EUR
59.0833
60.265
,
USD
54.2297
55.3143
,
GBP
64.8713
66.1687
,
AED
13.3629
13.6302
,
KWD
168.849
172.226
,
SAR
13.3629
13.3481

Telebirr and its digital monopoly in Ethiopia starting from 2021

Telebirr and its digital monopoly
Telebirr and its digital monopoly began in baby steps back in May 2021, when the  mobile payment and digital wallet service “Telebirr” was  launched  Ethiopia’s state-owned operator Ethio Telecom .

Telebirr announced that it has over 30 million subscribers,  prior to the digital fuel payment  arrangement tell which was enforced by the state government ; this administered regulation would bring all of Ethiopian car owners, drivers  to be part of telebirr , the fact that the fuel industry is one of the national level primary cash transaction sector will make Telebirr the heart of the day to day digital transactions made in Ethiopia.

Telebirr and its digital monopoly cause and effects

 

Ethio telecom (the state-owned telecom) has  put this digital wallet to use on 2021 and some haw it has its technical objections from some Ethiopian Software Engineers stating  that the development of the application is not secured enough  regarding to cyber safety to be on national base use and process this much of traffic ,despite the oppositions the system got acceptable by the society with no time and manages to score a high number of subscribes with no time , telebirr has processed loans higher  that all the 30 Banks added together did last year

The reasons for Telebirr and its digital monopoly this much of acceptability is that the state -owned telecom is running it and the publicly held secret ; the governmental privileges provided to support its fast development ,even more its single existence on the sector , this actually  was evidenced when the federal government of Ethiopia put all digital money service providers companies request for license on hold  right after the Telebirr gets to business and let Telebirr take the top of the track with no competitors,

The other main reason is that the  slow development of the second telecom company in Ethiopia  (Safaricom) , safaricom was expected to start its main telecom operations as planed and expanded its settlement to the digital money services too but  because of  the delay on integration the company is still enabled to join the the sector well enough  and provide more choice for the customers.

Ethio telecom , its product Telebirr and its digital monopoly now has all the play filed for its own with no up coming competitor and this has benefited the company by gaining filthy profit since there is no other side company to put in consideration during formation of services fees  , the customers on the other hand are now being a victim of a monopolized  system with no choices being offered on the services nor on the requested service charges.

 

The newly administered on the digital fuel payment arrangement is also mainly taken care of by using telebrr iapplication(Telebirr and its digital monopoly)  which makes the customers devoted subscribers with no side way to pick and even more it  making the way a cold high hill for the companies whom are planning and  trying to fit in to this sector including Safaricom(the second telecom company)