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Compare today's PEN to ETB (Peruvian Nuevo Sol to Ethiopian Birr) exchange rates

Peru
Ethiopia
PEN

Interbank Exchange Rate: 1 PEN = 46.0783 ETB
Updated about an hour ago

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All you need to know about Peruvian Nuevo Sol to Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from Peru to Ethiopia. Send money overseas to your loved ones by comparing Peruvian Nuevo Sol (PEN) 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.

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 Peru.

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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 PEN to ETB Conversion Rates

Here are some latest PEN to ETB (Peruvian Nuevo Sol to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 PEN46.08 ETB
5 PEN230.39 ETB
10 PEN460.78 ETB
25 PEN1,151.96 ETB
50 PEN2,303.92 ETB
100 PEN4,607.83 ETB
150 PEN6,911.75 ETB
200 PEN9,215.66 ETB
250 PEN11,519.57 ETB
300 PEN13,823.49 ETB
400 PEN18,431.32 ETB
500 PEN23,039.15 ETB
600 PEN27,646.98 ETB
700 PEN32,254.81 ETB
800 PEN36,862.64 ETB
1,000 PEN46,078.30 ETB
1,500 PEN69,117.45 ETB
2,000 PEN92,156.60 ETB
2,500 PEN115,195.75 ETB
3,000 PEN138,234.90 ETB
4,000 PEN184,313.20 ETB
5,000 PEN230,391.50 ETB
10,000 PEN460,783.00 ETB
15,000 PEN691,174.50 ETB
20,000 PEN921,566.00 ETB
30,000 PEN1,382,349.00 ETB
40,000 PEN1,843,132.00 ETB
50,000 PEN2,303,915.00 ETB
100,000 PEN4,607,830.00 ETB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Peru to Ethiopia money transfers?

It can be very confusing when sending money from Peru to Ethiopia given so many choices. Additionally, Peruvian Nuevo Sol to ETB 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 Peru to Ethiopia 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 Ethiopia from Peru. 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 Peruvian Nuevo Sol to Ethiopian Birr remittances.


How to get the best exchange rate for your money transfers from Peru 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 Peru 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 PEN 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 to transfer money from Peru to Ethiopia?

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

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


Should I use my bank to transfer money from Peru to Ethiopia?

Bank transfers have been a traditionally popular way to send money overseas from Peru 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 PEN 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 Peru 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 Peru fast?

If you need to convert PEN to ETB as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Peru to Ethiopia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Peruvian Nuevo Sol to Ethiopian Birr funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Ethiopia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Peru to Ethiopia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Peru to Ethiopia?

The first step in selecting the best money transfer operators for Peru to Ethiopia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Peruvian Nuevo Sol to Ethiopian Birr money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Ethiopia.


Step by step guide to send money from Peru to Ethiopia

With so many possible ways to transfer Peruvian Nuevo Sol to Ethiopian Birr, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Peru to Ethiopia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Peru and the receiver in Ethiopia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your PEN to Ethiopian Birr money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.