Compare today's TZS to ETB (Tanzanian Shilling to Ethiopian Birr) exchange rates
Interbank Exchange Rate: 1 TZS = 0.0599 ETB
Updated about an hour ago
Found 1 Remittance Service Providers
1000 TZS =
59.40 ETB
Transfer Limit (TZS): No Limits
Indicative Rate1 TZS = 0.0594 ETB
📢 B2B transfers only
0 Remit Service Providers did not match the search criteria.
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 Tanzanian Shilling to Ethiopian Birr money transfers
Easily compare money transfer providers in one place to send money from Tanzania to Ethiopia. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) 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 Tanzania, we currently have 1 remittance service providers available.
Verto currently offers the most competitive rate for sending money to Ethiopia and their 1 TZS to ETB exchange rate today is 0.0594.
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 Tanzania.
Were you looking to send money from Ethiopia to Tanzania 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 TZS to ETB Conversion Rates
Here are some latest TZS to ETB (Tanzanian Shilling to Ethiopian Birr) exchange rates for popular conversion amounts*.
| 1 TZS | 0.06 ETB |
| 5 TZS | 0.30 ETB |
| 10 TZS | 0.60 ETB |
| 25 TZS | 1.50 ETB |
| 50 TZS | 3.00 ETB |
| 100 TZS | 5.99 ETB |
| 150 TZS | 8.99 ETB |
| 200 TZS | 11.98 ETB |
| 250 TZS | 14.98 ETB |
| 300 TZS | 17.97 ETB |
| 400 TZS | 23.96 ETB |
| 500 TZS | 29.95 ETB |
| 600 TZS | 35.94 ETB |
| 700 TZS | 41.93 ETB |
| 800 TZS | 47.92 ETB |
| 1,000 TZS | 59.90 ETB |
| 1,500 TZS | 89.85 ETB |
| 2,000 TZS | 119.80 ETB |
| 2,500 TZS | 149.75 ETB |
| 3,000 TZS | 179.70 ETB |
| 4,000 TZS | 239.60 ETB |
| 5,000 TZS | 299.50 ETB |
| 10,000 TZS | 599.00 ETB |
| 15,000 TZS | 898.50 ETB |
| 20,000 TZS | 1,198.00 ETB |
| 30,000 TZS | 1,797.00 ETB |
| 40,000 TZS | 2,396.00 ETB |
| 50,000 TZS | 2,995.00 ETB |
| 100,000 TZS | 5,990.00 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 Tanzania to Ethiopia?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Tanzania to Ethiopia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Tanzanian Shilling to ETB.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send TZS to ETB in Ethiopia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Ethiopia from Tanzania. We provide you with maximum choices to send money to Ethiopia by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for your money transfers from Tanzania to Ethiopia?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your TZS to Ethiopian Birr money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Tanzania to Ethiopia. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for TZS to ETB remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Ethiopia from Tanzania?
When you want to send money to Ethiopia from Tanzania, you obviously want the cheapest possible option to maximize the money your recipient gets in Ethiopian Birr. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your TZS to ETB money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Tanzania to Ethiopia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Tanzania to Ethiopia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Ethiopian Birr overseas.
How to send money to Ethiopia from Tanzania through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Tanzania to Ethiopia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like TZS to ETB transfers.
Given this, there are umpteen additional options to send money to Ethiopia instead of just your Tanzania bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Tanzanian Shilling even more so that your recipient in Ethiopia gets the maximum amount.
How to send money to Ethiopia from Tanzania fast?
If you need to convert TZS 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 Tanzania 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 Tanzanian Shilling 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 Tanzania 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 send money to Ethiopia from Tanzania?
Comparing money transfer companies for sending money to Ethiopia from Tanzania 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 Tanzanian Shilling 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 Tanzanian Shilling that you send.
Step by step guide to do a money transfer from Tanzania to Ethiopia
Follow the below easy steps to send money to Ethiopia from Tanzania.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Tanzania bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Ethiopia).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.