Compare today's ETB to NGN (Ethiopian Birr to Nigerian Naira) exchange rates
📈 Ethiopia to Nigeria Money Transfer Snapshot Today
- Number of money transfer providers compared: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real ETB to NGN exchange rate before providers add their margin or fees. exchange rate: 1 ETB = NGN 8.7087 (Updated about an hour ago)
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💡What today's ETB-NGN exchange rates mean for you
Compare today's ETB-NGN exchange rates and send money from Ethiopia to Nigeria after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
ETB-NGN exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final NGN payout that your recipient gets in Nigeria.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Ethiopia to Nigeria remittances.
🔄 Looking for the reverse corridor? Send money from Nigeria to Ethiopia instead.
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.
Latest ETB to NGN Conversion Rates
Here are some latest ETB to NGN (Ethiopian Birr to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 ETB | 8.71 NGN |
| 5 ETB | 43.54 NGN |
| 10 ETB | 87.09 NGN |
| 25 ETB | 217.72 NGN |
| 50 ETB | 435.44 NGN |
| 100 ETB | 870.87 NGN |
| 150 ETB | 1,306.31 NGN |
| 200 ETB | 1,741.74 NGN |
| 250 ETB | 2,177.18 NGN |
| 300 ETB | 2,612.61 NGN |
| 400 ETB | 3,483.48 NGN |
| 500 ETB | 4,354.35 NGN |
| 600 ETB | 5,225.22 NGN |
| 700 ETB | 6,096.09 NGN |
| 800 ETB | 6,966.96 NGN |
| 1000 ETB | 8,708.70 NGN |
| 1500 ETB | 13,063.05 NGN |
| 2000 ETB | 17,417.40 NGN |
| 2500 ETB | 21,771.75 NGN |
| 3000 ETB | 26,126.10 NGN |
| 4000 ETB | 34,834.80 NGN |
| 5000 ETB | 43,543.50 NGN |
| 10000 ETB | 87,087.00 NGN |
| 15000 ETB | 130,630.50 NGN |
| 20000 ETB | 174,174.00 NGN |
| 30000 ETB | 261,261.00 NGN |
| 40000 ETB | 348,348.00 NGN |
| 50000 ETB | 435,435.00 NGN |
| 100000 ETB | 870,870.00 NGN |
*Based on the Mid-market Exchange Rate
What's the best way to transfer money from Ethiopia to Nigeria?
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 Nigeria. 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 NGN.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 NGN in Nigeria. 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 Nigeria from Ethiopia. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for sending money from Ethiopia to Nigeria?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Ethiopia to Nigeria transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your ETB to Nigerian Naira international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Ethiopian Birr to Nigerian Naira exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to send money from Ethiopia to Nigeria?
When you want to send money to Nigeria from Ethiopia, you obviously want the cheapest possible option to maximize the money your recipient gets in Nigerian Naira. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your ETB to NGN money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Ethiopia to Nigeria. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Ethiopia to Nigeria exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Nigerian Naira overseas.
Should I use my bank to transfer money from Ethiopia to Nigeria?
Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to Nigeria. 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 NGN 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 Nigeria 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.
What is the fastest way to transfer money from Ethiopia to Nigeria?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Ethiopia to Nigeria. 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 NGN 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 Nigeria. 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 Nigerian Naira quickly to Nigeria, 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 send money from Ethiopia to Nigeria?
Since the Ethiopian Birr to Nigerian Naira 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 Nigeria. 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 NGN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Nigeria 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 Nigeria transaction.
Step by step guide to transfer money to Nigeria from Ethiopia
The first step to send money to Nigeria 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 NGN 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 Nigeria 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 Nigeria!