CAD to ETB — CANADIAN DOLLAR Exchange Rate
Compare CAD/ETB rates across all Ethiopian banks
As of , Enat Bank offers the best CAD buying rate in Ethiopia at 112.6728 ETB per CAD. Global Bank Ethiopia offers the most competitive selling rate at 80.7449 ETB.
CAD/ETB Rates — All Banks
16 banks tracked
| Bank↓ | Cash Buy↓ | Cash Sell↓ | Trans. Buy↓ | Trans. Sell↓ |
|---|---|---|---|---|
 Enat BankBEST BUY ENAT | 112.6728 | 114.9263 | 0.0000 | 0.0000 |
 Amhara Bank AMHR | 112.4737 | 114.7232 | 112.4737 | 114.7232 |
 ZamZam Bank ZAMZ | 112.4500 | 114.6990 | 113.5745 | 115.8460 |
 Berhan Bank BERH | 112.2365 | 114.4812 | 0.0000 | 0.0000 |
 Tsedey Bank TSDY | 112.2058 | 114.4499 | 112.2058 | 114.4499 |
 Bank Of Abyssinia ABYS | 112.1326 | 114.3753 | 112.1326 | 114.3753 |
 Zemen Bank ZEME | 112.0259 | 114.2664 | 0.0000 | 0.0000 |
 Awash Bank AWIN | 111.8410 | 114.0778 | 113.1508 | 115.4138 |
 Tsehay Bank TSCP | 111.6947 | 113.9286 | 111.6947 | 113.9286 |
 Dashen Bank DASH | 111.5259 | 113.7564 | 111.5259 | 113.7564 |
 Nib International Bank NIBI | 110.8466 | 113.0635 | 110.8466 | 113.0635 |
 Commercial Bank of Ethiopia CBET | 109.2214 | 111.4058 | 111.2978 | 113.5237 |
 Cooperative Bank of Oromia CBOR | 107.8867 | 110.0444 | 107.8867 | 110.0444 |
 Ahadu Bank AHUU | 107.3516 | 109.4986 | 0.0000 | 0.0000 |
 Gadaa Bank GDAA | 86.2369 | 87.9616 | 86.2369 | 87.9616 |
 Global Bank EthiopiaBEST SELL DEGA | 79.1617 | 80.7449 | 0.0000 | 0.0000 |
About CANADIAN DOLLAR (CAD)
The Canadian Dollar is relevant to Ethiopia's forex market primarily through the diaspora channel, as Canada is home to one of the largest Ethiopian communities outside of Africa. Ethiopian Canadians send significant remittances back home, making CAD one of the more frequently exchanged currencies at Ethiopian banks. Canada and Ethiopia also maintain trade and diplomatic relationships, with Canadian development organizations active in Ethiopia's agricultural and health sectors.
Ethiopian diaspora communities are concentrated in cities like Toronto, Ottawa, and Calgary, making Canada a notable source of remittances.
The CAD is closely correlated with commodity prices, particularly oil, which can influence its exchange rate against the ETB.
Canada has provided humanitarian and development assistance to Ethiopia, including support for food security and health programs.
How to Read CAD/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 CAD banknotes at a branch. If you are converting physical CAD into ETB, this is your rate. Higher is better for you.
Cash Selling Rate
This is how much birr you pay to buy CAD banknotes at a branch. If you need physical CAD 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 CAD. 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 CAD. This is the rate used when paying an overseas supplier or sending an international transfer.
Tips for CAD 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 CAD can add up significantly on larger amounts.
- →Check both rate types. If you are receiving a wire transfer in CAD, 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 CAD 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 CAD in Ethiopia
Why do CAD/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 CAD 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 CAD 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 CAD. The "Best Buying" and "Best Selling" figures in the header always show the current top-performing bank.
Can I exchange CAD at any Ethiopian bank?
Most major Ethiopian commercial banks accept CAD 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.
Convert CAD to ETB
Live rates from all banks — best deal shown first