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

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

Reunion
Ethiopia
EUR

Interbank Exchange Rate: 1 EUR = 183.0066 ETB
Updated about 1 hours ago

Found 2 Remittance Service Providers

XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 EUR =
214 690.00 ETB
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 214.6900 ETB

📢 New! Cash pickup available
verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
182 828.20 ETB
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 182.8282 ETB

📢 B2B transfers only

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 Reunion 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 Reunion, we currently have 2 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 214.6900.

The next best Euro to Ethiopian Birr exchange rate today for money transfers to Ethiopia is offered by Verto (1 EUR = 182.8282 ETB).

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 Reunion.

Were you looking to send money from Ethiopia to Reunion instead?

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 EUR to ETB Conversion Rates

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

1 EUR183.01 ETB
5 EUR915.03 ETB
10 EUR1,830.07 ETB
25 EUR4,575.17 ETB
50 EUR9,150.33 ETB
100 EUR18,300.66 ETB
150 EUR27,450.99 ETB
200 EUR36,601.32 ETB
250 EUR45,751.65 ETB
300 EUR54,901.98 ETB
400 EUR73,202.64 ETB
500 EUR91,503.30 ETB
600 EUR109,803.96 ETB
700 EUR128,104.62 ETB
800 EUR146,405.28 ETB
1,000 EUR183,006.60 ETB
1,500 EUR274,509.90 ETB
2,000 EUR366,013.20 ETB
2,500 EUR457,516.50 ETB
3,000 EUR549,019.80 ETB
4,000 EUR732,026.40 ETB
5,000 EUR915,033.00 ETB
10,000 EUR1,830,066.00 ETB
15,000 EUR2,745,099.00 ETB
20,000 EUR3,660,132.00 ETB
30,000 EUR5,490,198.00 ETB
40,000 EUR7,320,264.00 ETB
50,000 EUR9,150,330.00 ETB
100,000 EUR18,300,660.00 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 from Reunion to Ethiopia?

There are many good choices when it comes to sending money from Reunion 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 Reunion. 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 exchange rate for your money transfers from Reunion to Ethiopia?

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 Reunion to Ethiopia 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 EUR to Ethiopian Birr 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 Euro to Ethiopian Birr exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Ethiopia from Reunion?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Reunion to Ethiopia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Ethiopian Birr remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Reunion to Ethiopia exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to ETB remittances.


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

We do not recommend using your local bank in Reunion for your next EUR to ETB overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Reunion to Ethiopia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending ETB to Ethiopia. These companies will let you use your local bank account in Reunion to pay for your Ethiopia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Ethiopia from Reunion fast?

It could be a stressful experience if you need to rush money quickly from Reunion 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 Reunion to Ethiopia money transfers.


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

Comparing money transfer companies for sending money to Ethiopia from Reunion 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 Ethiopia. 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 Euro to Ethiopian Birr 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 Ethiopian Birr yield on every Euro that you send.


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

The first step to send money to Ethiopia from Reunion is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your EUR to ETB overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Ethiopia if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Reunion bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Ethiopia!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Reunion to Ethiopia.