Compare today's SAR to ETB (Saudi Riyal to Ethiopian Birr) exchange rates
📈 Saudi Arabia to Ethiopia Money Transfer Snapshot Today
- Best SAR to ETB exchange rate today: ETB 40.9569, offered by Verto
- Number of money transfer providers compared: 1
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SAR to ETB exchange rate before providers add their margin or fees. exchange rate: 1 SAR = ETB 41.8503 (Updated about an hour ago)
See detailed Saudi Arabia to Ethiopia money transfer comparison below.
Money Transfer Providers that matched the search criteria
📢 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.
💡What today's SAR-ETB exchange rates mean for you
Compare today's SAR-ETB exchange rates and send money from Saudi Arabia to Ethiopia after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 1 provider that you can rely on for Saudi Arabia to Ethiopia money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Saudi Arabia to Ethiopia Providers
🥇 Verto with 1 SAR = 40.9569 ETB (best SAR to ETB exchange rate today).
SAR-ETB exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final ETB payout that your recipient gets in Ethiopia.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Saudi Arabia to Ethiopia remittances.
🔄 Looking for the reverse corridor? Send money from Ethiopia to Saudi Arabia instead.
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 Saudi Arabia.
👇 We also suggest looking beyond today's SAR-ETB exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst SAR-ETB exchange rate is crucial, historical data shows that transfer fees, SAR amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Saudi Arabia to Ethiopia historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your ETB payout.
Data-driven cost insights for Saudi Arabia to Ethiopia money transfers
When you send money internationally from Saudi Arabia to Ethiopia, the key factors that will influence the overall cost of your transaction are:
- SAR-ETB exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum ETB payout for your overseas recipient in Ethiopia.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Saudi Arabia to Ethiopia, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Saudi Arabia to Ethiopia money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 61 actual Saudi Arabia to Ethiopia money transfers handled by 3 providers over the last 5 years (for a SAR 750 remittance benchmark).
This data-driven approach using real SAR-ETB transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Saudi Arabia to Ethiopia money transfers
- Average total cost: 6.56% (range 2.27% to 18.08%, spread 15.81 percentage points)
- Potential payout difference: On a SAR 750 transfer, the above variation can save you up to SAR 118.57.
- Average FX markup: 3.64% (range 0.59% to 15.01%, spread 14.42 percentage points)
- Average transfer fee: SAR 21.87 (range SAR 5.75 to SAR 31.50)
- Cheapest payment/delivery method combo: Debit Card → Cash Pickup (5.75% avg cost); most expensive is Bank Account Transfer → Mobile Wallet (15.84%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 10.09% (SAR 75.66 on SAR 750 transfer).
- Market coverage: ~3 providers on average (competition level: limited)
- Average speed: About 13 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Saudi Arabia to Ethiopia money transfers.
📈 SAR to ETB exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Saudi Arabia to Ethiopia money transfers is usually the single biggest factor that will determine your overall SAR cost and your recipient's ETB payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a SAR 750 money transfer benchmark, we see the following FX markup ranges for Saudi Riyal to Ethiopia transfers:
- Average markup: 3.64%
- Median markup: 3.31%
- Lowest markup: 0.59%
- Highest markup: 15.01%
That is a spread of 14.42 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a SAR 750 transfer, the above markup range is equivalent to roughly ETB 108.15 purely from differences in the exchange rate. That incremental saving increases to ETB 269.65 for a SAR 1870 transfer.
🛠️ How to use this insight: When comparing providers for Saudi Arabia to Ethiopia remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
SAR to ETB exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Saudi Arabia to Ethiopia remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Saudi Riyal reaches your recipient in Ethiopia.
Based on data from last 5 years, we notice the below about Saudi Riyal to Ethiopia money transfer fees:
- Average fee: SAR 21.87
- Median fee: SAR 23.00
- Lowest fee: SAR 5.75
- Highest fee: SAR 31.50
The average fee amount of SAR 21.87 noted above represents 2.92% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by SAR 25.75.
🛠️ How to use this insight: For your next money transfer from Saudi Arabia to Ethiopian Birr, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for SAR-ETB remittances
Based on our detailed analysis of historical Saudi Arabia to Ethiopia data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Ethiopia from Saudi Arabia:
- Debit Card: 5.75%
- Cash: 6.11%
- Mobile Wallet: 7.46%
- Bank Account Transfer: 15.84%
That is a total spread of 10.09 percentage points.
This means that on a SAR 750 transfer, you could save up to SAR 75.66 simply by choosing the best priced payment method.
These savings will only multiply for higher SAR amounts.
Here is the average cost of popular delivery methods used to send money from Saudi Arabia to Ethiopia:
- Cash Pickup: 6.25%
- Mobile Wallet: 15.84%
The cost difference between the above delivery methods is 9.59 percentage points.
Once again, this means that you could save up to SAR 71.94 on a SAR 750 transfer to Ethiopia by choosing Cash Pickup versus Mobile Wallet.
As you can imagine, the possible combinations of Saudi Arabia payment methods and Ethiopia delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Saudi Arabia to ETB money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Debit Card | Cash Pickup | 5.75 |
| Cash | Cash Pickup | 6.11 |
| Mobile Wallet | Cash Pickup | 7.46 |
| Bank Account Transfer | Mobile Wallet | 15.84 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these SAR-ETB payment and delivery options is significant. Here are some observations:
- Debit Card → Cash Pickup has the lowest average cost at 5.75%.
- Bank Account Transfer → Mobile Wallet has the highest average cost at 15.84%.
- Debit Card → Cash Pickup average cost is 10.09 percentage points lower than that of Bank Account Transfer → Mobile Wallet.
- This means that on a SAR 750 money transfer, you could save up to SAR 118.80 simply by choosing the best payment and delivery method combo.
- Further, on a SAR 1870 money transfer, the savings increase to SAR 296.21.
Here is a quick summary of the average historical cost of various payment and delivery methods for SAR to Ethiopia money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Debit Card averaged 5.75%, compared to 15.84% for Bank Account Transfer, a difference of 10.09 percentage points.
- Cheapest delivery method: Cash Pickup averaged 6.25%, compared to 15.84% for Mobile Wallet (9.59 percentage points higher).
- Cheapest combo: Debit Card → Cash Pickup averaged 5.75%, which is 10.09 percentage points lower than Bank Account Transfer → Mobile Wallet (15.84%).
🛠️ How to use this insight: As you compare money transfer providers for your next Saudi Arabia to Ethiopia international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Saudi Arabia to Ethiopia remittances by carefully choosing the most economical payment and delivery methods.
📊 Does sending more money reduce the cost of SAR-ETB money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending SAR 750 vs SAR 1870 from Saudi Arabia to Ethiopia.
We found that sending a higher amount (SAR 1870) tends to be cheaper - average cost drops from 6.56% to 4.82%, a reduction of 1.74 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Saudi Riyal amounts to Ethiopia, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Saudi Arabia to Ethiopia remittance market?
Based on data from the last 5 years, SAR-ETB money transfers are provided on an average by 3 remittance companies. With around 3 providers serving this market, we consider the level of competition to be limited.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Saudi Arabia to Ethiopia remittances.
⏱️ How fast are SAR-ETB money transfers?
If your recipient in Ethiopia needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Saudi Arabia to Ethiopia transfers when it comes to processing time:
- Average transfer time: About 13 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 48 hours (~2.0 days).
- Average speed at SAR 750: About 13 hours.
- Average speed at SAR 1870: About 13 hours.
🛠️ How to use this insight: If you need to send money from Saudi Arabia to Ethiopia in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Ethiopia.
Saudi Arabia to Ethiopia transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Saudi Arabia to Ethiopia money transfers
These FAQs use data from RemitFinder's historical analysis of Saudi Arabia to Ethiopia money transfers over several years.
What factors affect the total cost of sending money from Saudi Arabia to Ethiopia?
The total cost of your SAR-ETB money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Saudi Arabia to Ethiopia transfers?
Historical SAR to ETB exchange rate markup ranges from 0.59% to 15.01%, a spread of 14.42 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Is the exchange rate or the transfer fee more important for Saudi Arabia to Ethiopia transfers?
Exchange rate markup ranges from 0.59% to 15.01% (a spread of 14.42 percentage points).
Transfer fees range from SAR 5.75 to SAR 31.50, which equals roughly 3.43% on a SAR 750.00 transfer.
At both SAR 750.00 and SAR 1870.00, the exchange rate markup shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Saudi Arabia to Ethiopia transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger SAR amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most ETB for your SAR.
How much can Saudi Arabia to Ethiopia transfer costs vary between providers?
Historical transfer cost ranges from 2.27% to 18.08% for SAR transfers to Ethiopia. That is a spread of 15.81 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from 0.59% to 15.01% (a spread of 14.42 percentage points). Thus, even small differences in FX margin can have a big impact on the final ETB payout.
Why do various money transfer providers price SAR to Ethiopia transfers differently?
If you send the same Saudi Riyal amount to Ethiopia via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final ETB payout in Ethiopia in a big way.
How stable are transfer costs in the Saudi Arabia to Ethiopia corridor?
When we analyzed the historical total cost for SAR-ETB transfers, we observed a range from 2.27% to 18.08% (15.81 percentage points difference), along with a variability (standard deviation) of 2.46%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from 0.59% to 15.01% (14.42 percentage points difference), with a standard deviation of 2.46%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your SAR-ETB transfers.
Which payment method is cheapest for Saudi Arabia to Ethiopia remittances?
Debit Card is the cheapest payment method in Saudi Arabia based on its average cost at 5.75% (compared to Bank Account Transfer at 15.84%, a difference of 10.09 percentage points).
Based on this, we recommend paying for your SAR transfer with Debit Card, and avoiding Bank Account Transfer if possible.
Which delivery method is cheapest for SAR-ETB money transfers?
Cash Pickup is the cheapest delivery method in Ethiopia as it costs 6.25% (compared to Mobile Wallet at 15.84%, a spread of 9.59 percentage points).
If your recipient in Ethiopia can accept Cash Pickup, we recommend choosing it as your preferred delivery option for SAR-ETB transfers.
What is the cheapest way to send money from Saudi Arabia to Ethiopia?
We evaluated 4 payment and delivery method combinations for Saudi Arabia to Ethiopia remittances.
Based on historical data, Debit Card → Cash Pickup is the cheapest combination with 5.75% cost.
At the other end of the spectrum, Bank Account Transfer → Mobile Wallet is the most expensive combination at 15.84% cost. That is a difference of 10.09 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Saudi Arabia to Ethiopia remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your SAR-ETB transfers.
Does sending more money reduce the cost for Saudi Arabia to Ethiopia transfers?
Larger SAR-ETB transfers are cheaper on average.
The cost of a SAR 750 transfer averages 6.56% as compared to 4.82% for a SAR 1870 transfer, a difference of 1.74 percentage points.
How long does it take to send money from Saudi Arabia to Ethiopia?
Based on our analysis, the average transfer time for SAR-ETB transfers is 13 hours, with the fastest transfers completing in less than one hour and the slowest in 48 hours (~2.0 days).
Are instant transfers available from Saudi Arabia to Ethiopia?
Yes, historical data shows that some transfers to Ethiopia from Saudi Arabia can complete in less than one hour.
Note that the actual speed of your SAR-ETB transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
How competitive is the Saudi Arabia to Ethiopia remittance market?
Based on historical data, the competition level in Saudi Arabia to Ethiopia is considered limited with 3 active providers.
Do I risk overpaying if I do not compare providers for Saudi Arabia to Ethiopia?
Historically, total SAR-ETB transfer cost has varied by 15.81 percentage points. On a SAR 750 transfer, that can translate to SAR 118.57 in savings.
SAR-ETB exchange rate markup also varies across providers. The average markup spread has been about 14.42 percentage points. On a SAR 750 transfer, that could be SAR 108.15 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about SAR 25.75 across providers.
That is why comparing providers can materially change how much of the SAR you send does your recipient receive in Ethiopia in Ethiopia.
Latest SAR to ETB Conversion Rates
Here are some latest SAR to ETB (Saudi Riyal to Ethiopian Birr) exchange rates for popular conversion amounts*.
| 1 SAR | 41.85 ETB |
| 5 SAR | 209.25 ETB |
| 10 SAR | 418.50 ETB |
| 25 SAR | 1,046.26 ETB |
| 50 SAR | 2,092.52 ETB |
| 100 SAR | 4,185.03 ETB |
| 150 SAR | 6,277.54 ETB |
| 200 SAR | 8,370.06 ETB |
| 250 SAR | 10,462.57 ETB |
| 300 SAR | 12,555.09 ETB |
| 400 SAR | 16,740.12 ETB |
| 500 SAR | 20,925.15 ETB |
| 600 SAR | 25,110.18 ETB |
| 700 SAR | 29,295.21 ETB |
| 800 SAR | 33,480.24 ETB |
| 1000 SAR | 41,850.30 ETB |
| 1500 SAR | 62,775.45 ETB |
| 2000 SAR | 83,700.60 ETB |
| 2500 SAR | 104,625.75 ETB |
| 3000 SAR | 125,550.90 ETB |
| 4000 SAR | 167,401.20 ETB |
| 5000 SAR | 209,251.50 ETB |
| 10000 SAR | 418,503.00 ETB |
| 15000 SAR | 627,754.50 ETB |
| 20000 SAR | 837,006.00 ETB |
| 30000 SAR | 1,255,509.00 ETB |
| 40000 SAR | 1,674,012.00 ETB |
| 50000 SAR | 2,092,515.00 ETB |
| 100000 SAR | 4,185,030.00 ETB |
*Based on the Mid-market Exchange Rate
1 Based on 61 pricing observations across 3 firms over the last 5 years for a SAR 750 money transfer from Saudi Arabia to Ethiopia. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Saudi Arabia to Ethiopia remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.