AED to ETB — UAE DIRHAM Exchange Rate
Compare AED/ETB rates across all Ethiopian banks
As of , ZamZam Bank offers the best AED buying rate in Ethiopia at 47.1333 ETB per AED. Gadaa Bank offers the most competitive selling rate at 34.4412 ETB.
AED/ETB Rates — All Banks
23 banks tracked
| Bank↓ | Cash Buy↓ | Cash Sell↓ | Trans. Buy↓ | Trans. Sell↓ |
|---|---|---|---|---|
 ZamZam BankBEST BUY ZAMZ | 47.1333 | 48.0760 | 47.1333 | 48.0760 |
 Hijra Bank HIJR | 46.2765 | 47.2020 | 46.2765 | 47.2020 |
 Dashen Bank DASH | 46.0281 | 46.9487 | 46.0281 | 46.9487 |
 Cooperative Bank of Oromia CBOR | 45.9970 | 46.9169 | 45.9970 | 46.9169 |
 Siinqee Bank SINQ | 44.7068 | 45.6009 | 0.0000 | 0.0000 |
 Bank Of Abyssinia ABYS | 44.6461 | 45.5390 | 44.6461 | 45.5390 |
 Oromia Bank ORIR | 44.5299 | 45.4205 | 43.6782 | 44.5518 |
 Awash Bank AWIN | 44.1975 | 45.0815 | 44.7174 | 45.6117 |
 Global Bank Ethiopia DEGA | 44.1887 | 45.0725 | 44.1887 | 45.0725 |
 Tsehay Bank TSCP | 43.7675 | 44.6429 | 43.7675 | 44.6429 |
 Wegagen Bank S.C WEGA | 43.5155 | 44.3858 | 43.5155 | 44.3858 |
 Amhara Bank AMHR | 43.4540 | 44.3230 | 43.4540 | 44.3230 |
 Berhan Bank BERH | 43.4516 | 44.3206 | 0.0000 | 0.0000 |
 Abay Bank ABAY | 43.3186 | 44.1849 | 43.2193 | 44.0837 |
 Zemen Bank ZEME | 43.2105 | 44.0747 | 0.0000 | 0.0000 |
 Commercial Bank of Ethiopia CBET | 42.9746 | 43.8341 | 42.9746 | 43.8341 |
 Nib International Bank NIBI | 42.9678 | 43.8272 | 42.9678 | 43.8272 |
 Goh Betoch Bank GOBT | 42.4314 | 43.2801 | 0.0000 | 0.0000 |
 Enat Bank ENAT | 42.3587 | 43.2059 | 0.0000 | 0.0000 |
 Tsedey Bank TSDY | 42.0602 | 42.9014 | 42.0602 | 42.9014 |
 Ahadu Bank AHUU | 40.9667 | 41.7860 | 0.0000 | 0.0000 |
 Gadaa Bank GDAA | 33.7659 | 34.4412 | 33.7659 | 34.4412 |
 Addis BankBEST SELL ABSC | 0.0000 | 0.0000 | 43.4445 | 44.3134 |
About UAE DIRHAM (AED)
The UAE Dirham is a highly relevant currency in Ethiopia's forex market due to the large Ethiopian workforce employed across the United Arab Emirates, particularly in Dubai and Abu Dhabi. Ethiopia and the UAE have also developed strong trade and investment ties, with the UAE being one of Ethiopia's top sources of foreign direct investment. The AED/ETB exchange rate is important to Ethiopian workers, business owners, and importers who maintain close economic ties with the Gulf nation.
The UAE is one of the most popular destinations for Ethiopian migrant workers, particularly in hospitality, domestic work, and retail.
The AED is pegged to the USD at a fixed rate of approximately 3.67, providing stability against the Birr.
Ethiopia and UAE have signed multiple economic cooperation agreements, boosting bilateral trade and investment flows.
How to Read AED/ETB Rates
The table above shows four rate columns for each bank. Understanding what each column means will help you choose the right bank and rate type for your transaction.
Cash Buying Rate
This is the birr amount the bank pays you when you exchange AED banknotes at a branch. If you are converting physical AED into ETB, this is your rate. Higher is better for you.
Cash Selling Rate
This is how much birr you pay to buy AED banknotes at a branch. If you need physical AED for travel or personal use, this is the rate you pay. Lower is better for you.
Transaction Buying Rate
Applied to non-cash inbound transfers such as incoming wire transfers, remittances, and export proceeds received in AED. Usually slightly better than the cash rate because handling costs are lower.
Transaction Selling Rate
Applied to outgoing wire transfers, import payments, and other non-cash transactions sent abroad in AED. This is the rate used when paying an overseas supplier or sending an international transfer.
Tips for AED Transactions in Ethiopia
- →Compare before you go. Sort the table by "Cash Buying" or "Cash Selling" depending on your transaction direction. Even a small rate difference per unit of AED can add up significantly on larger amounts.
- →Check both rate types. If you are receiving a wire transfer in AED, ask your bank for the transaction buying rate — it is usually more favourable than the cash rate.
- →Transact during business hours. Ethiopian banks only update rates on business days. Rates posted on the last business day before a holiday remain in effect until the next update, so time-sensitive transactions are best completed early in the week.
- →Use the converter for exact amounts. Head to the Currency Converter to calculate precisely how many birr you will receive or need for a specific amount of AED at today's rates.
- →Monitor historical trends. Visit any individual bank page to see a 30-day historical rate chart. This helps you judge whether rates are trending up or down and whether it is a good time to exchange.
Frequently Asked Questions about AED in Ethiopia
Why do AED/ETB rates change every day?
The National Bank of Ethiopia publishes a reference rate every business day based on interbank trading and broader market conditions. Each commercial bank then sets its own buying and selling rates within a permitted band around that reference. Global movements in the AED value, Ethiopia's trade balance, and foreign currency supply in the banking system all influence where the rate lands on any given day.
Which bank offers the best AED rate today?
This changes daily. Use the sort feature in the rates table at the top of this page to instantly rank all banks by their buying or selling rate for AED. The "Best Buying" and "Best Selling" figures in the header always show the current top-performing bank.
Can I exchange AED at any Ethiopian bank?
Most major Ethiopian commercial banks accept AED for exchange, though availability at specific branches may vary. It is always advisable to call ahead to confirm that the branch has sufficient foreign currency inventory, particularly for larger amounts or less common currencies.
Are the rates on this page the same as at the bank counter?
The rates shown here are sourced from banks' officially published rate sheets and are updated multiple times per business day. They are accurate at the time of the last update (shown at the top of the page), but intra-day revisions at a specific branch may mean the counter rate differs slightly. Confirm the rate with the teller before finalising your transaction.
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