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

Ethiopia
Luxembourg
ETB

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

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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 Luxembourg. 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.

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.

Were you looking to send money from Luxembourg to Ethiopia 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 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 send money from Ethiopia to Luxembourg?

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 Ethiopia to Luxembourg. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Ethiopian Birr to EUR.

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 ETB to EUR in Luxembourg. 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 Luxembourg from Ethiopia. We provide you with maximum choices to send money to Luxembourg by comparing competing money transfer companies thereby making you the winner in the end.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Luxembourg from Ethiopia. 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 ETB to Euro 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 Ethiopia to Luxembourg corridor to give you more good choices for your next EUR 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 Luxembourg from Ethiopia?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Ethiopia to Luxembourg via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Ethiopian Birr to Euro remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Ethiopia to Luxembourg exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for ETB to EUR remittances.


How to send money to Luxembourg from Ethiopia through a bank?

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 Ethiopia to Luxembourg 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 ETB to EUR transfers.

Given this, there are umpteen additional options to send money to Luxembourg instead of just your Ethiopia 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 Ethiopian Birr even more so that your recipient in Luxembourg gets the maximum amount.


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

The first thing to do when you need to convert ETB to EUR quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Ethiopian Birr and Euro. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Ethiopia to Luxembourg remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Luxembourg.


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

Since the Ethiopian Birr to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Ethiopia that may also be able to send money to Luxembourg. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your ETB to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Luxembourg gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Ethiopia to Luxembourg transaction.


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

With so many possible ways to transfer Ethiopian Birr to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Ethiopia to Luxembourg remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Ethiopia and the receiver in Luxembourg. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your ETB to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.