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Compare today's ETB to AOA (Ethiopian Birr to Angolan Kwanza) exchange rates

Ethiopia
Angola
ETB

Interbank Exchange Rate: 1 ETB = 5.9138 AOA
Updated about an hour ago

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All you need to know about Ethiopian Birr to Angolan Kwanza money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Angola. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Angolan Kwanza (AOA) 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.

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 Ethiopia.

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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.

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Latest ETB to AOA Conversion Rates

Here are some latest ETB to AOA (Ethiopian Birr to Angolan Kwanza) exchange rates for popular conversion amounts*.

1 ETB5.91 AOA
5 ETB29.57 AOA
10 ETB59.14 AOA
25 ETB147.85 AOA
50 ETB295.69 AOA
100 ETB591.38 AOA
150 ETB887.07 AOA
200 ETB1,182.76 AOA
250 ETB1,478.45 AOA
300 ETB1,774.14 AOA
400 ETB2,365.52 AOA
500 ETB2,956.90 AOA
600 ETB3,548.28 AOA
700 ETB4,139.66 AOA
800 ETB4,731.04 AOA
1,000 ETB5,913.80 AOA
1,500 ETB8,870.70 AOA
2,000 ETB11,827.60 AOA
2,500 ETB14,784.50 AOA
3,000 ETB17,741.40 AOA
4,000 ETB23,655.20 AOA
5,000 ETB29,569.00 AOA
10,000 ETB59,138.00 AOA
15,000 ETB88,707.00 AOA
20,000 ETB118,276.00 AOA
30,000 ETB177,414.00 AOA
40,000 ETB236,552.00 AOA
50,000 ETB295,690.00 AOA
100,000 ETB591,380.00 AOA

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


What's the best way to send money from Ethiopia to Angola?

It can be very confusing when sending money from Ethiopia to Angola given so many choices. Additionally, Ethiopian Birr to AOA exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Ethiopia to Angola as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Angola from Ethiopia. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Ethiopian Birr to Angolan Kwanza remittances.


How to get the best exchange rate for sending money from Ethiopia to Angola?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Ethiopia to Angola transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your ETB to Angolan Kwanza international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Ethiopian Birr to Angolan Kwanza exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

One of the most important things to watch out for is hidden fees when sending money to Angola from Ethiopia. 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 Angola using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Angolan Kwanza foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ETB to Angola 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 Angola from Ethiopia.


Should I use my bank to send money from Ethiopia to Angola?

Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to Angola. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the ETB to AOA exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Ethiopia bank for your Angola money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Ethiopia to Angola?

The speed of your Ethiopian Birr to Angolan Kwanza funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert ETB to AOA. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Angola from Ethiopia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Angola if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout AOA into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Ethiopia bank to Angola bank transfer.


Which are the best money transfer companies to send money to Angola from Ethiopia?

Comparing money transfer companies for sending money to Angola from Ethiopia 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 Angola. 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 Ethiopian Birr to Angolan Kwanza 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 Angolan Kwanza yield on every Ethiopian Birr that you send.


Step by step guide to do a money transfer from Ethiopia to Angola

Follow the below easy steps to send money to Angola from Ethiopia.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Ethiopia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Angola).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your ETB to AOA remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.