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

Italy
Ethiopia
EUR
Interbank Exchange Rate: 1 EUR = 181.1500 ETB
Updated about an hour ago

Found 6 Remittance Service Providers

(*)(*)(*)( )( )
1000 EUR =
211 580.00 ETB
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 211.5800 ETB

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 EUR =
210 970.00 ETB
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 210.9700 ETB
(*)(*)(*)(*)( )
1000 EUR =
182 410.00 ETB
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 182.4100 ETB

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 EUR =
180 589.30 ETB
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 180.5893 ETB

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 EUR =
174 988.60 ETB
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 174.9886 ETB
(*)(*)(*)(*)( )
1000 EUR =
174 959.60 ETB
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 174.9596 ETB

📢 Special exchange rate applied for first transfer

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





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

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

When making a money transfer to Ethiopia from Italy, we currently have 6 remittance service providers available.

XE Money Transfer currently offers the most competitive rate for sending money to Ethiopia and their 1 EUR to ETB exchange rate today is 211.5800.

The next best Euro to Ethiopian Birr exchange rate today for money transfers to Ethiopia is offered by Ria Money Transfer (1 EUR = 210.9700 ETB).

Remitly and Verto are amongst other competitive providers to consider for Italy to Ethiopia money transfers.

Were you looking to send money from Ethiopia to Italy 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 EUR to ETB Conversion Rates

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

1 EUR181.15 ETB
5 EUR905.75 ETB
10 EUR1,811.50 ETB
25 EUR4,528.75 ETB
50 EUR9,057.50 ETB
100 EUR18,115.00 ETB
150 EUR27,172.50 ETB
200 EUR36,230.00 ETB
250 EUR45,287.50 ETB
300 EUR54,345.00 ETB
400 EUR72,460.00 ETB
500 EUR90,575.00 ETB
600 EUR108,690.00 ETB
700 EUR126,805.00 ETB
800 EUR144,920.00 ETB
1,000 EUR181,150.00 ETB
1,500 EUR271,725.00 ETB
2,000 EUR362,300.00 ETB
2,500 EUR452,875.00 ETB
3,000 EUR543,450.00 ETB
4,000 EUR724,600.00 ETB
5,000 EUR905,750.00 ETB
10,000 EUR1,811,500.00 ETB
15,000 EUR2,717,250.00 ETB
20,000 EUR3,623,000.00 ETB
30,000 EUR5,434,500.00 ETB
40,000 EUR7,246,000.00 ETB
50,000 EUR9,057,500.00 ETB
100,000 EUR18,115,000.00 ETB

*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 to Ethiopia from Italy?

There are many good choices when it comes to sending money from Italy to Ethiopia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Euro to ETB money transfers.

We compare different remittance companies to bring you the best options to send money to Ethiopia from Italy. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Euro to Ethiopian Birr money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Italy to 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 Ethiopia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Italy to Ethiopia 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 EUR to Ethiopian Birr 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 for transferring money to Ethiopia from Italy?

Finding the cheapest way to send money from Italy to Ethiopia 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 EUR to ETB 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 Italy to Ethiopia 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 from Italy to Ethiopia through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Italy to Ethiopia. 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 EUR to ETB 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 Italy bank for your Ethiopia 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 to Ethiopia from Italy fast?

It could be a stressful experience if you need to rush money quickly from Italy to Ethiopia. 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 EUR to ETB. 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 Ethiopian Birr. 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 Italy to Ethiopia money transfers.


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

Since the Euro to Ethiopian Birr 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 Italy that may also be able to send money to Ethiopia. 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 EUR to ETB money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Ethiopia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Italy to Ethiopia transaction.


Step by step guide to send money from Italy to Ethiopia

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 Italy to Ethiopia, 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 Italy to Ethiopia 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 Ethiopia where they can receive monies in Ethiopian Birr.
  • Then, provide details of your Italy 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 EUR travel to another part of the globe.