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Compare today's ETB to MAD (Ethiopian Birr to Moroccan Dirham) exchange rates

Ethiopia
Morocco
ETB

Interbank Exchange Rate: 1 ETB = 0.0592 MAD
Updated about an hour ago

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All you need to know about Ethiopian Birr to Moroccan Dirham money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Morocco. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Moroccan Dirham (MAD) 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 Morocco 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 MAD Conversion Rates

Here are some latest ETB to MAD (Ethiopian Birr to Moroccan Dirham) exchange rates for popular conversion amounts*.

1 ETB0.06 MAD
5 ETB0.30 MAD
10 ETB0.59 MAD
25 ETB1.48 MAD
50 ETB2.96 MAD
100 ETB5.92 MAD
150 ETB8.88 MAD
200 ETB11.84 MAD
250 ETB14.80 MAD
300 ETB17.76 MAD
400 ETB23.68 MAD
500 ETB29.60 MAD
600 ETB35.52 MAD
700 ETB41.44 MAD
800 ETB47.36 MAD
1,000 ETB59.20 MAD
1,500 ETB88.80 MAD
2,000 ETB118.40 MAD
2,500 ETB148.00 MAD
3,000 ETB177.60 MAD
4,000 ETB236.80 MAD
5,000 ETB296.00 MAD
10,000 ETB592.00 MAD
15,000 ETB888.00 MAD
20,000 ETB1,184.00 MAD
30,000 ETB1,776.00 MAD
40,000 ETB2,368.00 MAD
50,000 ETB2,960.00 MAD
100,000 ETB5,920.00 MAD

*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 Morocco?

There are many good choices when it comes to sending money from Ethiopia to Morocco. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Ethiopian Birr to MAD money transfers.

We compare different remittance companies to bring you the best options to send money to Morocco from Ethiopia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Ethiopian Birr to Moroccan Dirham money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Ethiopia to Morocco?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Morocco 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 Moroccan Dirham 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 Morocco corridor to give you more good choices for your next MAD 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 Morocco from Ethiopia?

The final amount your recipient gets when you send ETB to MAD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Ethiopia to Morocco used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Moroccan Dirham is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Ethiopian Birr to Morocco exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

Big banks in Ethiopia are known to make a lot of money by charging high fees on Morocco money transfers from Ethiopia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a ETB to MAD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Morocco. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Ethiopia to Morocco. You work hard for your money, so you should also ensure you get the maximum yield when you send MAD overseas.


How to send money from Ethiopia to Morocco fast?

The speed of your Ethiopian Birr to Moroccan Dirham 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 MAD. 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 Morocco 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 Morocco 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 MAD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Ethiopia bank to Morocco bank transfer.


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

The first step in selecting the best money transfer operators for Ethiopia to Morocco 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 Moroccan Dirham 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 Morocco.


Step by step guide to send money to Morocco from Ethiopia

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