SEK to ETB — SWEDISH KRONER Exchange Rate
Compare SEK/ETB rates across all Ethiopian banks
As of , Awash Bank offers the best SEK buying rate in Ethiopia at 17.0825 ETB per SEK. Gadaa Bank offers the most competitive selling rate at 11.4356 ETB.
SEK/ETB Rates — All Banks
10 banks tracked
| Bank↓ | Cash Buy↓ | Cash Sell↓ | Trans. Buy↓ | Trans. Sell↓ |
|---|---|---|---|---|
 Awash BankBEST BUY AWIN | 17.0825 | 17.4242 | 17.2818 | 17.6274 |
 Wegagen Bank S.C WEGA | 16.5561 | 16.8872 | 16.5561 | 16.8872 |
 Tsehay Bank TSCP | 16.5040 | 16.8341 | 16.5040 | 16.8341 |
 Tsedey Bank TSDY | 16.5040 | 16.8341 | 16.5040 | 16.8341 |
 Bank Of Abyssinia ABYS | 16.4663 | 16.7956 | 16.4663 | 16.7956 |
 Zemen Bank ZEME | 16.4147 | 16.7430 | 0.0000 | 0.0000 |
 Commercial Bank of Ethiopia CBET | 16.0579 | 16.3791 | 16.3632 | 16.6905 |
 Dashen Bank DASH | 14.6476 | 14.9406 | 0.0000 | 0.0000 |
 Gadaa Bank GDAA | 11.2114 | 11.4356 | 11.2114 | 11.4356 |
 Enat BankBEST SELL ENAT | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
About SWEDISH KRONER (SEK)
The Swedish Krona reflects Sweden's long-standing relationship with Ethiopia as a development partner and the presence of a small but established Ethiopian diaspora community in Sweden. Sweden, through its development agency Sida, has funded significant programs in Ethiopia covering health, education, and democratic governance. Ethiopian exporters of specialty coffee and artisanal goods also occasionally engage with Swedish buyers.
Sweden's development agency, Sida, has been one of the consistent funders of health and education programs in Ethiopia.
Sweden hosts an Ethiopian community that contributes to remittance flows back to Ethiopia.
Ethiopian specialty coffee has a strong market in Sweden, which has one of the highest per-capita coffee consumption rates in the world.
How to Read SEK/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 SEK banknotes at a branch. If you are converting physical SEK into ETB, this is your rate. Higher is better for you.
Cash Selling Rate
This is how much birr you pay to buy SEK banknotes at a branch. If you need physical SEK 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 SEK. 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 SEK. This is the rate used when paying an overseas supplier or sending an international transfer.
Tips for SEK 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 SEK can add up significantly on larger amounts.
- →Check both rate types. If you are receiving a wire transfer in SEK, 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 SEK 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 SEK in Ethiopia
Why do SEK/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 SEK 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 SEK 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 SEK. The "Best Buying" and "Best Selling" figures in the header always show the current top-performing bank.
Can I exchange SEK at any Ethiopian bank?
Most major Ethiopian commercial banks accept SEK 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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