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Compare today's ETB to NZD (Ethiopian Birr to New Zealand Dollar) exchange rates

Ethiopia
New Zealand
ETB
Interbank Exchange Rate: 1 ETB = 0.0114 NZD
Updated about an hour ago

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All you need to know about Ethiopian Birr to New Zealand Dollar money transfers

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

Here are some latest ETB to NZD (Ethiopian Birr to New Zealand Dollar) exchange rates for popular conversion amounts*.

1 ETB0.01 NZD
5 ETB0.06 NZD
10 ETB0.11 NZD
25 ETB0.29 NZD
50 ETB0.57 NZD
100 ETB1.14 NZD
150 ETB1.71 NZD
200 ETB2.28 NZD
250 ETB2.85 NZD
300 ETB3.42 NZD
400 ETB4.56 NZD
500 ETB5.70 NZD
600 ETB6.84 NZD
700 ETB7.98 NZD
800 ETB9.12 NZD
1,000 ETB11.40 NZD
1,500 ETB17.10 NZD
2,000 ETB22.80 NZD
2,500 ETB28.50 NZD
3,000 ETB34.20 NZD
4,000 ETB45.60 NZD
5,000 ETB57.00 NZD
10,000 ETB114.00 NZD
15,000 ETB171.00 NZD
20,000 ETB228.00 NZD
30,000 ETB342.00 NZD
40,000 ETB456.00 NZD
50,000 ETB570.00 NZD
100,000 ETB1,140.00 NZD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Ethiopia to New Zealand money transfers?

It can be very confusing when sending money from Ethiopia to New Zealand given so many choices. Additionally, Ethiopian Birr to NZD 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 New Zealand 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 New Zealand 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 New Zealand Dollar remittances.


How to get the best rate to transfer money to New Zealand from Ethiopia?

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


What's the cheapest way for transferring money to New Zealand from Ethiopia?

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

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


Should I use my bank to transfer money from Ethiopia to New Zealand?

Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to New Zealand. 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 NZD 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 New Zealand 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 New Zealand fast?

The speed of your Ethiopian Birr to New Zealand Dollar 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 NZD. 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 New Zealand 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 New Zealand 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 NZD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Ethiopia bank to New Zealand bank transfer.


Which are the best money transfer companies to send money to New Zealand from Ethiopia?

Ethiopia to New Zealand money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach New Zealand as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Ethiopian Birr to New Zealand Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Ethiopia to New Zealand

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