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
Demand Still Outruns Supply: NBE Allots $125 Million at 160.21 Birr per Dollar
On August 26, 2026, the National Bank of Ethiopia allocated $125 million in its 27th foreign exchange auction. Total bids reached $170.51 million, and the cut-off rate settled at 160.2070 birr per U.S. dollar.
News
Inflation Hits 15.3 Percent in July as Food and Fuel Keep Prices Hot
Annual inflation accelerated to 15.3 percent in July 2026, up from 13.7 percent a year earlier, according to the Ethiopian Statistical Service. Food inflation reached 15.7 percent and non-food inflation stood at 14.8 percent.
News
Two Years In: Ethiopia's FX Auctions Have Injected Dollars but Demand Still Runs Ahead
Ethiopia's foreign exchange auction programme marked two years in August 2026. Since the first sale in August 2024, 25 regular rounds have helped set a market reference for the birr, but bids have often exceeded the dollars on offer.
In-Depth Guides
Remittance tutorials, FX account procedures & investment strategies
Step-by-step guides for sending money, opening FX accounts, and investing in Ethiopia.
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Top Exchanges
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Source: official bank websites. Updated every 15 minutes.