Compare today's ETB to CAD (Ethiopian Birr to Canadian Dollar) exchange rates
Interbank Exchange Rate: 1 ETB = 0.0091 CAD
Updated about an hour ago
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All you need to know about Ethiopian Birr to Canadian Dollar money transfers
Easily compare money transfer providers in one place to send money from Ethiopia to Canada. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Canadian Dollar (CAD) 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.
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Latest ETB to CAD Conversion Rates
Here are some latest ETB to CAD (Ethiopian Birr to Canadian Dollar) exchange rates for popular conversion amounts*.
| 1 ETB | 0.01 CAD |
| 5 ETB | 0.05 CAD |
| 10 ETB | 0.09 CAD |
| 25 ETB | 0.23 CAD |
| 50 ETB | 0.46 CAD |
| 100 ETB | 0.91 CAD |
| 150 ETB | 1.37 CAD |
| 200 ETB | 1.82 CAD |
| 250 ETB | 2.28 CAD |
| 300 ETB | 2.73 CAD |
| 400 ETB | 3.64 CAD |
| 500 ETB | 4.55 CAD |
| 600 ETB | 5.46 CAD |
| 700 ETB | 6.37 CAD |
| 800 ETB | 7.28 CAD |
| 1,000 ETB | 9.10 CAD |
| 1,500 ETB | 13.65 CAD |
| 2,000 ETB | 18.20 CAD |
| 2,500 ETB | 22.75 CAD |
| 3,000 ETB | 27.30 CAD |
| 4,000 ETB | 36.40 CAD |
| 5,000 ETB | 45.50 CAD |
| 10,000 ETB | 91.00 CAD |
| 15,000 ETB | 136.50 CAD |
| 20,000 ETB | 182.00 CAD |
| 30,000 ETB | 273.00 CAD |
| 40,000 ETB | 364.00 CAD |
| 50,000 ETB | 455.00 CAD |
| 100,000 ETB | 910.00 CAD |
*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 Ethiopia to Canada?
It can be very confusing when sending money from Ethiopia to Canada given so many choices. Additionally, Ethiopian Birr to CAD 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 Canada 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 Canada 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 Canadian Dollar remittances.
How to get the best remit rate for transferring money from Ethiopia to Canada?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Canada.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Ethiopia to Canada transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your ETB to Canadian Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way to send money from Ethiopia to Canada?
Finding the cheapest way to send money from Ethiopia to Canada might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ETB to CAD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Ethiopia to Canada exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to transfer money from Ethiopia to Canada?
Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to Canada. 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 CAD 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 Canada 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 Canada?
If you need to convert ETB to CAD 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 Ethiopia to Canada 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 Ethiopian Birr to Canadian Dollar 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 Canada.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Ethiopia to Canada. 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 Canada from Ethiopia?
Comparing money transfer companies for sending money to Canada 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 Canada. 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 Canadian Dollar 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 Canadian Dollar yield on every Ethiopian Birr that you send.
Step by step guide to transfer money to Canada from Ethiopia
Follow the below easy steps to send money to Canada 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 Canada).
- 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.
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.