EUR to ETB — EURO Exchange Rate
Compare EUR/ETB rates across all Ethiopian banks
As of , Oromia Bank offers the best EUR buying rate in Ethiopia at 191.9305 ETB per EUR. Goh Betoch Bank offers the most competitive selling rate at 184.1209 ETB.
EUR/ETB Rates — All Banks
24 banks tracked
| Bank↓ | Cash Buy↓ | Cash Sell↓ | Trans. Buy↓ | Trans. Sell↓ |
|---|---|---|---|---|
 Oromia BankBEST BUY ORIR | 191.9305 | 195.7692 | 188.2595 | 192.0247 |
 ZamZam Bank ZAMZ | 188.7400 | 192.5148 | 188.7400 | 192.5148 |
 Wegagen Bank S.C WEGA | 188.2015 | 191.9655 | 188.2015 | 191.9655 |
 Hibret Bank UNTD | 187.4510 | 191.2000 | 0.0000 | 0.0000 |
 Dashen Bank DASH | 187.2415 | 190.9863 | 187.2415 | 190.9863 |
 Zemen Bank ZEME | 186.4151 | 190.1434 | 0.0000 | 0.0000 |
 Ahadu Bank AHUU | 186.3186 | 190.0450 | 0.0000 | 0.0000 |
 Bank Of Abyssinia ABYS | 186.0420 | 189.7628 | 185.8174 | 189.5337 |
 Cooperative Bank of Oromia CBOR | 185.4821 | 189.1917 | 185.4821 | 189.1917 |
 Awash Bank AWIN | 185.4750 | 189.1845 | 185.4750 | 189.1845 |
 Abay Bank ABAY | 185.2456 | 188.9505 | 184.8206 | 188.5170 |
 Siinqee Bank SINQ | 185.1130 | 188.8153 | 0.0000 | 0.0000 |
 Hijra Bank HIJR | 184.9150 | 188.6133 | 184.9150 | 188.6133 |
 Gadaa Bank GDAA | 184.8039 | 188.5000 | 184.8039 | 188.5000 |
 Global Bank Ethiopia DEGA | 183.1121 | 186.7743 | 183.1121 | 186.7743 |
 Enat Bank ENAT | 183.0825 | 186.7442 | 0.0000 | 0.0000 |
 Addis Bank ABSC | 182.9705 | 186.6299 | 182.9705 | 186.6299 |
 Tsehay Bank TSCP | 182.9090 | 186.5672 | 182.9090 | 182.5672 |
 Nib International Bank NIBI | 182.2362 | 185.8810 | 182.2362 | 185.8810 |
 Amhara Bank AMHR | 182.1868 | 185.8305 | 182.1868 | 185.8305 |
 Berhan Bank BERH | 182.1550 | 185.7981 | 0.0000 | 0.0000 |
 Tsedey Bank TSDY | 181.6970 | 185.3309 | 181.6970 | 185.3309 |
 Commercial Bank of Ethiopia CBET | 180.6249 | 184.2374 | 180.6249 | 184.2374 |
 Goh Betoch BankBEST SELL GOBT | 180.5107 | 184.1209 | 0.0000 | 0.0000 |
About EURO (EUR)
The Euro is the official currency of the Eurozone and is the second most commonly traded foreign currency in Ethiopia after the US Dollar. The European Union is one of Ethiopia's largest trading partners, particularly for coffee and flower exports, making Euro-denominated transactions highly significant to the country's export economy. Ethiopian banks actively quote EUR/ETB rates, and the Euro is widely used for international business transactions and remittances from the Ethiopian diaspora in Europe.
Ethiopia is one of the EU's top suppliers of specialty coffee, making the Euro a key settlement currency for export proceeds.
The EUR/USD exchange rate on global markets indirectly influences the EUR/ETB rate quoted by Ethiopian banks.
Many Ethiopian importers of European machinery and goods conduct transactions in Euros.
How to Read EUR/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 EUR banknotes at a branch. If you are converting physical EUR into ETB, this is your rate. Higher is better for you.
Cash Selling Rate
This is how much birr you pay to buy EUR banknotes at a branch. If you need physical EUR 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 EUR. 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 EUR. This is the rate used when paying an overseas supplier or sending an international transfer.
Tips for EUR 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 EUR can add up significantly on larger amounts.
- →Check both rate types. If you are receiving a wire transfer in EUR, 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 EUR 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 EUR in Ethiopia
Why do EUR/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 EUR 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 EUR 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 EUR. The "Best Buying" and "Best Selling" figures in the header always show the current top-performing bank.
Can I exchange EUR at any Ethiopian bank?
Most major Ethiopian commercial banks accept EUR 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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