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Compare today's ETB to USD (Ethiopian Birr to US Dollar) exchange rates

Ethiopia
Micronesia
ETB

Interbank Exchange Rate: 1 ETB = 0.0064 USD
Updated about 1 hours ago

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All you need to know about Ethiopian Birr to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Micronesia. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to US Dollar (USD) 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 Micronesia 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 USD Conversion Rates

Here are some latest ETB to USD (Ethiopian Birr to US Dollar) exchange rates for popular conversion amounts*.

1 ETB0.01 USD
5 ETB0.03 USD
10 ETB0.06 USD
25 ETB0.16 USD
50 ETB0.32 USD
100 ETB0.64 USD
150 ETB0.96 USD
200 ETB1.28 USD
250 ETB1.60 USD
300 ETB1.92 USD
400 ETB2.56 USD
500 ETB3.20 USD
600 ETB3.84 USD
700 ETB4.48 USD
800 ETB5.12 USD
1,000 ETB6.40 USD
1,500 ETB9.60 USD
2,000 ETB12.80 USD
2,500 ETB16.00 USD
3,000 ETB19.20 USD
4,000 ETB25.60 USD
5,000 ETB32.00 USD
10,000 ETB64.00 USD
15,000 ETB96.00 USD
20,000 ETB128.00 USD
30,000 ETB192.00 USD
40,000 ETB256.00 USD
50,000 ETB320.00 USD
100,000 ETB640.00 USD

*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 Micronesia?

It can be very confusing when sending money from Ethiopia to Micronesia given so many choices. Additionally, Ethiopian Birr to USD 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 Micronesia 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 Micronesia 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 United States Dollar remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Micronesia 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 United States Dollar 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 Micronesia corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.


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

Finding the cheapest way to send money from Ethiopia to Micronesia 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 USD 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 Micronesia 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.


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

Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to Micronesia. 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 USD 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 Micronesia 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 to Micronesia from Ethiopia fast?

If you need to convert ETB to USD 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 Micronesia 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 United States 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 Micronesia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Ethiopia to Micronesia. 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 from Ethiopia to Micronesia?

The first step in selecting the best money transfer operators for Ethiopia to Micronesia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Ethiopian Birr to United States Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Micronesia.


Step by step guide to transfer money to Micronesia from Ethiopia

With so many possible ways to transfer Ethiopian Birr to United States Dollar, 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 Micronesia 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 Micronesia. 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 United States Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.