Compare today's ETB to ILS (Ethiopian Birr to Israeli New Sheqel) exchange rates
Interbank Exchange Rate: 1 ETB = 0.0200 ILS
Updated about an hour ago
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All you need to know about Ethiopian Birr to Israeli New Sheqel money transfers
Easily compare money transfer providers in one place to send money from Ethiopia to Palestine. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Israeli New Sheqel (ILS) 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.
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Latest ETB to ILS Conversion Rates
Here are some latest ETB to ILS (Ethiopian Birr to Israeli New Sheqel) exchange rates for popular conversion amounts*.
| 1 ETB | 0.02 ILS |
| 5 ETB | 0.10 ILS |
| 10 ETB | 0.20 ILS |
| 25 ETB | 0.50 ILS |
| 50 ETB | 1.00 ILS |
| 100 ETB | 2.00 ILS |
| 150 ETB | 3.00 ILS |
| 200 ETB | 4.00 ILS |
| 250 ETB | 5.00 ILS |
| 300 ETB | 6.00 ILS |
| 400 ETB | 8.00 ILS |
| 500 ETB | 10.00 ILS |
| 600 ETB | 12.00 ILS |
| 700 ETB | 14.00 ILS |
| 800 ETB | 16.00 ILS |
| 1,000 ETB | 20.00 ILS |
| 1,500 ETB | 30.00 ILS |
| 2,000 ETB | 40.00 ILS |
| 2,500 ETB | 50.00 ILS |
| 3,000 ETB | 60.00 ILS |
| 4,000 ETB | 80.00 ILS |
| 5,000 ETB | 100.00 ILS |
| 10,000 ETB | 200.00 ILS |
| 15,000 ETB | 300.00 ILS |
| 20,000 ETB | 400.00 ILS |
| 30,000 ETB | 600.00 ILS |
| 40,000 ETB | 800.00 ILS |
| 50,000 ETB | 1,000.00 ILS |
| 100,000 ETB | 2,000.00 ILS |
*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 Palestine?
With the global remittance market booming, there are so many choices for Ethiopian Birr to ILS money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Palestine from Ethiopia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final ILS amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for your money transfers from Ethiopia to Palestine?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Palestine.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Ethiopia to Palestine transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your ETB to Israeli New Sheqel money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way to send money to Palestine from Ethiopia?
Finding the cheapest way to send money from Ethiopia to Palestine 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 ILS 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 Palestine 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 Palestine from Ethiopia through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low ETB to ILS exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Ethiopia to Palestine money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Palestine from Ethiopia. They do this by letting you fund your transaction through your local bank account in Ethiopia, and by allowing you to choose the payout to be your recipient's bank account in Palestine. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Palestine from Ethiopia?
It could be a stressful experience if you need to rush money quickly from Ethiopia to Palestine. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert ETB to ILS. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Israeli New Sheqel. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Ethiopia to Palestine money transfers.
Which are the best money transfer companies to transfer money from Ethiopia to Palestine?
Since the Ethiopian Birr to Israeli New Sheqel 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 Palestine. 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 ILS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Palestine 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 Palestine transaction.
Step by step guide to send money from Ethiopia to Palestine
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Ethiopia to Palestine, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Ethiopia to Palestine that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Palestine where they can receive monies in Israeli New Sheqel.
- Then, provide details of your Ethiopia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.