USD: parallel market / black market vs best bank
Black market rate from ethioblackmarket.com. Bank rate is the highest USD buying rate across banks (ETB per $1 when you sell dollars to the bank).
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Featured Content
Guide
A Guide to CBE Birr: The Commercial Bank of Ethiopia's Mobile Wallet
CBE Birr is the mobile wallet run by the Commercial Bank of Ethiopia. Learn what it does, who can use it, and how it fits into sending and receiving money in Ethiopia.
Guide
The Dashen Super App: Ethiopia's First Banking Super App Explained
Dashen Bank's Super App brings banking, payments, shopping, and credit into one platform. Here is what it does and how it supports receiving money in Ethiopia.
Guide
M-PESA in Ethiopia: How Safaricom's Mobile Wallet Works
M-PESA is Safaricom Ethiopia's mobile money wallet. Learn how it works, how it handles remittances from abroad, and how it compares to bank-backed wallets.
News
IMF to Ethiopia: Keep the Brakes On and Be Ready to Tighten Again
In its fifth review documents, the IMF advised the National Bank of Ethiopia to keep a tight monetary policy stance and to be ready for further tightening if inflation pressures return, after inflation climbed back into double digits in the middle of 2026.
News
It Is Official: IMF Board Approves $464 Million for Ethiopia in Fifth ECF Review
On July 1, 2026, the IMF Executive Board completed the fifth review of Ethiopia's four-year Extended Credit Facility, allowing the country to draw about $464 million (SDR 342.05 million) and bringing total support under the program to roughly $2.65 billion.
News
Inflation Rebounds, So the Credit Cap Stays: What to Expect From the NBE
Ahead of its late-June meeting, the National Bank of Ethiopia's Monetary Policy Committee was expected to keep the bank credit growth cap in place as inflation rebounded, even as money market interest rates eased.
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Step-by-step guides for sending money, opening FX accounts, and investing in Ethiopia.
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Bank & Currency Comparison
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Top Exchanges
These are the top currencies offered by different banks at the highest buying and lowest selling price.
Source: official bank websites. Updated every 15 minutes.