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Compare today's ETB to EUR (Ethiopian Birr to Euro) exchange rates

Ethiopia
Italy
ETB
Interbank Exchange Rate: 1 ETB = 0.0055 EUR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Ethiopian Birr to Euro money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Italy. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Euro (EUR) 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.

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

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.

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.


Latest ETB to EUR Conversion Rates

Here are some latest ETB to EUR (Ethiopian Birr to Euro) exchange rates for popular conversion amounts*.

1 ETB0.01 EUR
5 ETB0.03 EUR
10 ETB0.05 EUR
25 ETB0.14 EUR
50 ETB0.27 EUR
100 ETB0.55 EUR
150 ETB0.83 EUR
200 ETB1.10 EUR
250 ETB1.38 EUR
300 ETB1.65 EUR
400 ETB2.20 EUR
500 ETB2.75 EUR
600 ETB3.30 EUR
700 ETB3.85 EUR
800 ETB4.40 EUR
1,000 ETB5.50 EUR
1,500 ETB8.25 EUR
2,000 ETB11.00 EUR
2,500 ETB13.75 EUR
3,000 ETB16.50 EUR
4,000 ETB22.00 EUR
5,000 ETB27.50 EUR
10,000 ETB55.00 EUR
15,000 ETB82.50 EUR
20,000 ETB110.00 EUR
30,000 ETB165.00 EUR
40,000 ETB220.00 EUR
50,000 ETB275.00 EUR
100,000 ETB550.00 EUR

*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 Italy?

It can be very confusing when sending money from Ethiopia to Italy given so many choices. Additionally, Ethiopian Birr to EUR 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 Italy 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 Italy 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 Euro remittances.


How to get the best exchange rate for your money transfers from Ethiopia to Italy?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your ETB to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Ethiopia to Italy. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for ETB to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

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

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


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

Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to Italy. 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 EUR 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 Italy 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.


How to send money from Ethiopia to Italy fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Ethiopia to Italy. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert ETB to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Ethiopian Birr amount reaching Italy. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Italy, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Comparing money transfer companies for sending money to Italy 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 Italy. 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 Euro 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 Euro yield on every Ethiopian Birr that you send.


Step by step guide to send money to Italy from Ethiopia

The first step to send money to Italy from Ethiopia 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 ETB to EUR 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 Italy if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Ethiopia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Italy!

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 Ethiopia to Italy.