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Compare today's ETB to TZS (Ethiopian Birr to Tanzanian Shilling) exchange rates

Ethiopia
Tanzania
ETB

Interbank Exchange Rate: 1 ETB = 16.6635 TZS
Updated about an hour ago

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All you need to know about Ethiopian Birr to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Tanzania. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) to Tanzanian Shilling (TZS) 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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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 TZS Conversion Rates

Here are some latest ETB to TZS (Ethiopian Birr to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 ETB16.66 TZS
5 ETB83.32 TZS
10 ETB166.64 TZS
25 ETB416.59 TZS
50 ETB833.18 TZS
100 ETB1,666.35 TZS
150 ETB2,499.52 TZS
200 ETB3,332.70 TZS
250 ETB4,165.88 TZS
300 ETB4,999.05 TZS
400 ETB6,665.40 TZS
500 ETB8,331.75 TZS
600 ETB9,998.10 TZS
700 ETB11,664.45 TZS
800 ETB13,330.80 TZS
1,000 ETB16,663.50 TZS
1,500 ETB24,995.25 TZS
2,000 ETB33,327.00 TZS
2,500 ETB41,658.75 TZS
3,000 ETB49,990.50 TZS
4,000 ETB66,654.00 TZS
5,000 ETB83,317.50 TZS
10,000 ETB166,635.00 TZS
15,000 ETB249,952.50 TZS
20,000 ETB333,270.00 TZS
30,000 ETB499,905.00 TZS
40,000 ETB666,540.00 TZS
50,000 ETB833,175.00 TZS
100,000 ETB1,666,350.00 TZS

*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 Tanzania?

Sending money internationally to Tanzania from Ethiopia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Ethiopian Birr to TZS remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Tanzania. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Tanzanian Shilling.


How to get the best rate to transfer money to Tanzania from Ethiopia?

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 Tanzania.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Ethiopia to Tanzania 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 Tanzanian Shilling 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 from Ethiopia to Tanzania?

The final amount your recipient gets when you send ETB to TZS 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 Tanzania 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 Tanzanian Shilling 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 Tanzania 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.


How to send money from Ethiopia to Tanzania 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 TZS 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 Tanzania 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 Tanzania 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 Tanzania. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Tanzania from Ethiopia fast?

It could be a stressful experience if you need to rush money quickly from Ethiopia to Tanzania. 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 TZS. 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 Tanzanian Shilling. 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 Tanzania money transfers.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Ethiopia to Tanzania, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Ethiopian Birr to Tanzanian Shilling exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your TZS money transfers to Tanzania. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Tanzania getting more money for every Ethiopian Birr you send.


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

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 Tanzania, 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 Tanzania 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 Tanzania where they can receive monies in Tanzanian Shilling.
  • 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your ETB travel to another part of the globe.