Exchange Rate Today in Ethiopia: How to Check Exchange Rate in Ethiopia

Introduction

Overview of Exchange Rates

An exchange rate shows how worth compared to another currency. In Ethiopia, it tells you how many Birr (ETB) you get for USD, EUR, GBP, or other foreign money exchange rates.

Importance for Ethiopians

Current exchange rate knowledge helps individuals or in businesses. It is important for trade globally, remittances, travel, and budgeting for international payments and exchanged.

Key Sources for Exchange Rates

• Commercial Bank of Ethiopia Exchange Rates – combanketh.et

• EthioForex Live Rates – EthioForex

• Dashen Bank Exchange Rates – EthioForex

Current Exchange Rates in Ethiopia

USD to ETB Exchange Rate Today

Commercial Bank of Ethiopia

• Buying: 147.05 ETB

• Selling: 149.99 ETB

• Spread: 2.94 ETB

EthioForex Aggregated Rates

• Best Buying: 148.61 ETB

• Best Sell: 144.64 ETB

• Rate always update every 15 minutes

Dashen Bank

• Buying: 147.97 ETB

• Selling: 150.93 ETB

• Spread: 2.96 ETB

Commercial Bank of Ethiopia (CBE)

Dashen Bank

Other Major Currencies

• EUR to ETB: 170.69 ETB

• GBP to ETB: 192.20 ETB

• CHF to ETB: 156.98 ETB

• USD to EUR: 0.88 EUR

• USD to GBP: 0.76 GBP

Factors Influencing Exchange Rates in Ethiopia

Government Policies and Regulations

• Central Bank Interventions: The National Bank of Ethiopia (NBE) set up the official exchange rate.
• Import and Export Rules: Rules on imports and exports change the demand for foreign money. This can make the exchange rate go up or down.

Market Demand and Supply

• Foreign Currency Reserves: How much foreign currency the NBE has affects the rate. Low reserve can make the Birr more weak with dollar and others.
• Remittances: Ethiopians living abroad and send money in Ethiopia in foreign currency. More supply can help keep rates stable.
• Trade Balance: If Ethiopia or other country imports more than it exports, foreign money is in higher demand. This can make the exchange rate higher then usual.

Global Economic Conditions

• Commodity Prices: Price changes for coffee, oil, and other goods affect Ethiopia’s earnings. This can change value of the Birr.
• International Markets: Events in global market depend on investor confidence. Big changes can affect how foreign money flows into Ethiopia.

Here’s a recent exchange rate of the major banks:

Notes:

• These are cash buying and cash selling rates.

• Rates change often — always check the bank’s official website for the latest.

• The table includes three banks as a sample; you can expand with more currencies or banks for your article.

How to Monitor Exchange Rates Effectively

Using Online Platforms

• EthioForex: Check live/online rates from multiple Ethiopian banks. These update in every 15 minutes.
• Commercial Bank of Ethiopia: check daily exchange rates for main currencies. Commercial Bank of Ethiopia Exchange Rate Today.
• Dashen Bank: View current rates for USD, EUR, and other currencies. Dashen Bank Exchange Rate Today

Mobile Apps

• CBE Birr App: Check exchange rates on your phone. You can also make transactions directly from the app.
• EthioForex App: Get live updates on the go. Convert currencies anytime.

Mobile Apps

• CBEBirr Plus (people called CBE Birr) — the item of Commercial Bank of Ethiopia. It also give you change to check your account, transfer money, and view exchange rates love.

• EthioForex — you can tracks live exchange rates from many Ethiopian banks in (USD-ETB, EUR-ETB, etc.).

• CBE Mobile Banking (New) — the official mobile banking app of Commercial Bank of Ethiopia. You can check exchange rate in live view.

Websites

• Commercial Bank of Ethiopia – Exchange rate page: daily cash buying/selling rates for major currencies.

• National Bank of Ethiopia – Indicative daily exchange rate (weighted average) published for USD, EUR, AED etc.

• Addis Fortune (Exchange Rates site) – Aggregates rates from 30+ banks in Ethiopia for comparison.

Visiting Banks in Person

• Direct Inquiries: Go to a bank to get the most accurate rates. Banks often update rates several times a day.
• Customer Service Bank staff can help with exchange rates and foreign currency. They can also guide you on how to convert money safely.

Bank	Currency	Buying Rate (ETB)	Selling Rate (ETB)	Source & Date
Commercial Bank of Ethiopia (CBE)	USD	141.85	144.69	via EthioExchange, Oct 19 2025
CBE	GBP	186.68	190.42	Oct 19 2025
CBE	EUR	165.34	168.65	Oct 19 2025
Dashen Bank	USD	143.51	146.38	Oct 01 2025
Dashen Bank	EUR	166.47	169.80	Oct 01 2025
National Bank of Ethiopia (Indicative)	USD	~144.86	~144.86	from official site
Black Market Estimate	USD	~162.33	(selling mixed)	Live black market source

Black Market vs Official Bank Exchange Rate in Ethiopia

In Ethiopia, the exchange rate can be very different depending on where you get your money. There is the official bank rate and the black market rate. The official bank rate is set by banks like CBE, Dashen Bank, and Awash Bank. The black market rate is unofficial and usually higher. People often search for terms like ethiopian black market exchange rate, ethio black market exchange rate, and black market dollar to birr.

Why the Black Market Rate is Higher

1. Banks Don’t Have Enough Dollars: Many banks have limited USD or other foreign currencies. This shortage makes people look for alternatives.

2. High Demand for Foreign Money: Travelers, importers, and students often need dollars quickly. If banks can’t meet the demand, the black market fills the gap.

3. Money Sent from Abroad: Ethiopians living outside the country send remittances. Some people exchange that money on the black market to get more birr per dollar.

4. Birr Losing Value: As the birr weakens, people try to get dollars fast. This pushes black market rates even higher.

Risks of Using the Black Market

1. It Is Illegal: Trading money outside banks can get you fined or arrested.

2. Risk of Scams: You might get fake or damaged notes. The black market have no rules and protection.

3. Safety Concerns: Exchanging money in hidden or unsafe places is very dangerous risky.

4. No Proof of Transaction: Black market deals are cash-only. If something goes wrong, there’s no legal way to recover your money.

Key Takeaway

The black market rate is higher because of low bank supply and high demand. But it is risky and illegal. For safety, use official banks or licensed forex providers.

FAQs

What is the current USD to ETB exchange rate?

Commercial Bank of Ethiopia exchange rate today for USD is 147.05 ETB buying and 149.99 ETB selling rate. Rates may vary different at other banks.

Where can I find the best exchange rates in Ethiopia?

You can check EthioForex for live rates from multiple banks. Banks like Dashen Bank exchange rate today and Commercial Bank of Ethiopia exchange rate listings are also reliable.

How often do exchange rates change?

Rates change daily and sometimes several times a day. Check exchange rate today online or via mobile apps for the latest updates.

What is the Ethiopian black market exchange rate?

The Ethiopian black market exchange rate is usually higher than official rates. It reflects supply and demand outside the banks and can change quickly.

Can I exchange money at any bank in Ethiopia?

Most banks offer currency exchange, including Awash Bank exchange rate today and Abyssinia Bank exchange rate. Always confirm rates before converting.

What affects exchange rates in Ethiopia?

Factors include government policies, imports and exports, remittances, trade balance, and global market conditions. Official rates are set by the National Bank of Ethiopia exchange rate today.

How do I convert dollars to Birr?

You can use CBE exchange rate or dashen bank exchange rate online or at bank branches. Mobile apps like CBE Birr or EthioForex App also make conversion easy.

Where can I check live exchange rates online?

Reliable sites include:

• Commercial Bank of Ethiopia

• EthioForex

• Dashen Bank listings on EthioForex