Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's CNY to ETB (Chinese Yuan to Ethiopian Birr) exchange rates

China
Ethiopia
CNY

Interbank Exchange Rate: 1 CNY = 22.3249 ETB
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 CNY =
22 169.60 ETB
Transfer Limit (CNY): No Limits
Indicative Rate1 CNY = 22.1696 ETB

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Chinese Yuan to Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from China to Ethiopia. Send money overseas to your loved ones by comparing Chinese Yuan (CNY) to Ethiopian Birr (ETB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Ethiopia from China, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Ethiopia and their 1 CNY to ETB exchange rate today is 22.1696.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from China.

Were you looking to send money from Ethiopia to China instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest CNY to ETB Conversion Rates

Here are some latest CNY to ETB (Chinese Yuan to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 CNY22.32 ETB
5 CNY111.62 ETB
10 CNY223.25 ETB
25 CNY558.12 ETB
50 CNY1,116.25 ETB
100 CNY2,232.49 ETB
150 CNY3,348.74 ETB
200 CNY4,464.98 ETB
250 CNY5,581.22 ETB
300 CNY6,697.47 ETB
400 CNY8,929.96 ETB
500 CNY11,162.45 ETB
600 CNY13,394.94 ETB
700 CNY15,627.43 ETB
800 CNY17,859.92 ETB
1,000 CNY22,324.90 ETB
1,500 CNY33,487.35 ETB
2,000 CNY44,649.80 ETB
2,500 CNY55,812.25 ETB
3,000 CNY66,974.70 ETB
4,000 CNY89,299.60 ETB
5,000 CNY111,624.50 ETB
10,000 CNY223,249.00 ETB
15,000 CNY334,873.50 ETB
20,000 CNY446,498.00 ETB
30,000 CNY669,747.00 ETB
40,000 CNY892,996.00 ETB
50,000 CNY1,116,245.00 ETB
100,000 CNY2,232,490.00 ETB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from China to Ethiopia?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from China to Ethiopia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Chinese Yuan to ETB.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send CNY to ETB in Ethiopia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Ethiopia from China. We provide you with maximum choices to send money to Ethiopia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Ethiopia from China?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Ethiopia from China. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your CNY to Ethiopian Birr money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the China to Ethiopia corridor to give you more good choices for your next ETB money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Ethiopia from China?

One of the most important things to watch out for is hidden fees when sending money to Ethiopia from China. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Ethiopia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Ethiopian Birr foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best CNY to Ethiopia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Ethiopia from China.


Should I use my bank to transfer money from China to Ethiopia?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your China to Ethiopia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like CNY to ETB transfers.

Given this, there are umpteen additional options to send money to Ethiopia instead of just your China bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Chinese Yuan even more so that your recipient in Ethiopia gets the maximum amount.


What is the fastest way to do a money transfer to Ethiopia from China?

If you need to convert CNY to ETB as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from China to Ethiopia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Chinese Yuan to Ethiopian Birr funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Ethiopia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from China to Ethiopia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money to Ethiopia from China?

Comparing money transfer companies for sending money to Ethiopia from China can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Ethiopia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Chinese Yuan to Ethiopian Birr transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Ethiopian Birr yield on every Chinese Yuan that you send.


Step by step guide to send money to Ethiopia from China

The first step to send money to Ethiopia from China is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your CNY to ETB overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Ethiopia if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your China bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Ethiopia!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from China to Ethiopia.