Explainer
ETB Black Market vs Bank Exchange Rates Explained
Learn how official bank references differ from market references and why the gap changes over time.
Official bank references are published by regulated institutions and can move based on policy and liquidity. Market references reflect broader demand outside formal banking channels. The gap between the two is shown as a premium so users can see how far the market reference sits above the official reference.
Disclaimer: This information is provided for educational purposes only and is not financial advice.
Market reference rate (hourly)
186.2760ETB
Last updated: 08:57
24h change: Pending
Data Sources
Public market observations, official bank publications, and global FX reference feeds.
Updated hourly.
FAQs
What is the difference between market and bank references?
Bank references are published by regulated institutions, while market references reflect broader demand outside the banking system.
Why can the gap between the two references be large?
Limited foreign currency availability, demand for USD, and access to formal channels can widen the gap.
Is this financial advice?
No. This information is provided for educational purposes only.
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