Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's ETB to EUR (Ethiopian Birr to Euro) exchange rates

Ethiopia
Spain
ETB
Interbank Exchange Rate: 1 ETB = 0.0056 EUR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Ethiopian Birr to Euro money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Spain. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Euro (EUR) 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 Spain 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 EUR Conversion Rates

Here are some latest ETB to EUR (Ethiopian Birr to Euro) exchange rates for popular conversion amounts*.

1 ETB0.01 EUR
5 ETB0.03 EUR
10 ETB0.06 EUR
25 ETB0.14 EUR
50 ETB0.28 EUR
100 ETB0.56 EUR
150 ETB0.84 EUR
200 ETB1.12 EUR
250 ETB1.40 EUR
300 ETB1.68 EUR
400 ETB2.24 EUR
500 ETB2.80 EUR
600 ETB3.36 EUR
700 ETB3.92 EUR
800 ETB4.48 EUR
1,000 ETB5.60 EUR
1,500 ETB8.40 EUR
2,000 ETB11.20 EUR
2,500 ETB14.00 EUR
3,000 ETB16.80 EUR
4,000 ETB22.40 EUR
5,000 ETB28.00 EUR
10,000 ETB56.00 EUR
15,000 ETB84.00 EUR
20,000 ETB112.00 EUR
30,000 ETB168.00 EUR
40,000 ETB224.00 EUR
50,000 ETB280.00 EUR
100,000 ETB560.00 EUR

*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 Spain?

It can be very confusing when sending money from Ethiopia to Spain given so many choices. Additionally, Ethiopian Birr to EUR 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 Spain 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 Spain 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 Euro remittances.


How to get the best exchange rate for your money transfers from Ethiopia to Spain?

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 Spain 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 Euro 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 Euro 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 to Spain from Ethiopia?

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

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


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

Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to Spain. 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 EUR 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 Spain 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 do a money transfer to Spain from Ethiopia?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Ethiopia to Spain. 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 EUR 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 Spain. 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 Euro quickly to Spain, 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 transfer money from Ethiopia to Spain?

Comparing money transfer companies for sending money to Spain from Ethiopia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Spain. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Ethiopian Birr to Euro transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Euro yield on every Ethiopian Birr that you send.


Step by step guide to do a money transfer from Ethiopia to Spain

There are many important aspects of Ethiopia to Spain remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Ethiopia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Ethiopian Birr amount you want to send from Ethiopia.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Spain to validate that they get the money once the transaction clears.