USD to ETB — US DOLLAR Exchange Rate
Compare USD/ETB rates across all Ethiopian banks
As of , Oromia Bank offers the best USD buying rate in Ethiopia at 162.7358 ETB per USD. Hijra Bank offers the most competitive selling rate at 157.0819 ETB.
USD/ETB Rates — All Banks
24 banks tracked
| Bank↓ | Cash Buy↓ | Cash Sell↓ | Trans. Buy↓ | Trans. Sell↓ |
|---|---|---|---|---|
 Oromia BankBEST BUY ORIR | 162.7358 | 165.9905 | 159.6231 | 162.8156 |
 Wegagen Bank S.C WEGA | 159.8072 | 163.0033 | 159.8072 | 163.0033 |
 Goh Betoch Bank GOBT | 159.6228 | 162.8153 | 0.0000 | 0.0000 |
 Global Bank Ethiopia DEGA | 159.6209 | 162.8133 | 159.6209 | 162.8133 |
 Berhan Bank BERH | 159.5891 | 162.7809 | 0.0000 | 0.0000 |
 Addis Bank ABSC | 159.5890 | 162.7808 | 159.5890 | 162.7808 |
 Amhara Bank AMHR | 159.5890 | 162.7808 | 159.5890 | 162.7808 |
 Hibret Bank UNTD | 159.5281 | 162.7186 | 0.0000 | 0.0000 |
 ZamZam Bank ZAMZ | 159.4825 | 162.6722 | 159.4825 | 162.6722 |
 Abay Bank ABAY | 159.1168 | 162.2991 | 158.7521 | 161.9271 |
 Bank Of Abyssinia ABYS | 159.0033 | 162.1834 | 158.7079 | 161.8821 |
 Awash Bank AWIN | 158.8960 | 161.7679 | 158.5960 | 161.7679 |
 Gadaa Bank GDAA | 158.8235 | 162.0000 | 158.8235 | 162.0000 |
 Tsedey Bank TSDY | 158.6860 | 161.8597 | 158.6860 | 161.8597 |
 Enat Bank ENAT | 158.6413 | 161.8141 | 0.0000 | 0.0000 |
 Cooperative Bank of Oromia CBOR | 158.5528 | 161.7239 | 158.5528 | 161.7239 |
 Dashen Bank DASH | 158.5527 | 161.7238 | 158.5527 | 161.7238 |
 Ahadu Bank AHUU | 158.5489 | 161.7199 | 0.0000 | 0.0000 |
 Zemen Bank ZEME | 158.4825 | 161.6522 | 0.0000 | 0.0000 |
 Nib International Bank NIBI | 157.8113 | 160.9675 | 157.8113 | 160.9675 |
 Siinqee Bank SINQ | 157.5675 | 160.7189 | 0.0000 | 0.0000 |
 Commercial Bank of Ethiopia CBET | 157.4199 | 160.5683 | 157.4199 | 160.5683 |
 Tsehay Bank TSCP | 154.4971 | 157.5870 | 154.4971 | 157.5870 |
 Hijra BankBEST SELL HIJR | 154.0019 | 157.0819 | 154.0019 | 157.0819 |
About US DOLLAR (USD)
The United States Dollar is the world's primary reserve currency and the most heavily traded currency in Ethiopia's foreign exchange market. Nearly all of Ethiopia's major commodity exports — including coffee, oilseeds, and gold — are priced and settled in US Dollars, making it the single most important foreign currency in the country. The National Bank of Ethiopia closely monitors the USD/ETB exchange rate as it directly impacts import costs, inflation, and the country's balance of payments.
The USD accounts for the majority of Ethiopia's foreign currency reserves and export earnings.
Ethiopia's central bank sets a reference rate for USD/ETB, and commercial banks trade within a defined margin around this rate.
Remittances from the Ethiopian diaspora, largely denominated in USD, are one of the country's top sources of foreign exchange inflows.
How to Read USD/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 USD banknotes at a branch. If you are converting physical USD into ETB, this is your rate. Higher is better for you.
Cash Selling Rate
This is how much birr you pay to buy USD banknotes at a branch. If you need physical USD 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 USD. 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 USD. This is the rate used when paying an overseas supplier or sending an international transfer.
Tips for USD 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 USD can add up significantly on larger amounts.
- →Check both rate types. If you are receiving a wire transfer in USD, 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 USD 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 USD in Ethiopia
Why do USD/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 USD 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 USD 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 USD. The "Best Buying" and "Best Selling" figures in the header always show the current top-performing bank.
Can I exchange USD at any Ethiopian bank?
Most major Ethiopian commercial banks accept USD 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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