Frequently asked questions

What does 'ETB to USD rate' mean?

It is the reference value that indicates how many US dollars correspond to one Ethiopian Birr at a given time. We display both official bank references and market observations to provide context. This information is for educational use only and not a transaction quote.

Why do ETB to USD rates change during the day?

Rates can shift due to policy updates, demand for hard currency, and changes in global FX markets. Official bank references update on their own schedules, while market observations respond more quickly to supply and demand. Use the timestamp on each page to see freshness.

What's the difference between official bank rates and informal/parallel-market rates?

Official bank references are published by regulated institutions. Informal or parallel-market references reflect broader demand outside the formal banking system. We show both for context, not as a recommendation or financial advice.

Which rate should I use for budgeting, travel, or business planning?

Use the rate provided by your bank or licensed provider for decisions. Our references help you understand the range between official and market observations, but you should confirm final quotes directly. This information is provided for educational purposes only.

How often does ETBtousd.com update rates?

We refresh cached data about once per hour when new source data is available. Each page shows a last-updated timestamp so you can see freshness at a glance. If a source is unavailable, we keep the last known reference and mark it as pending.

What sources does ETBtousd.com use for its rates?

We use public market observations, official bank publications, and global FX reference feeds. We present them as a transparent benchmark for comparison and encourage users to verify rates directly with official providers. This information is for educational purposes only.

How do you calculate ETB rates for other currencies like AED, SAR, or EUR?

We derive cross rates using the USD/ETB reference and the latest USD cross rate for the target currency. When direct market observations exist, those are displayed first. See the Methodology page for the exact process and limitations.

Why might two websites show slightly different rates at the same time?

Different sites may use different sources, update schedules, or calculation methods. Some update in real time while others cache data for stability. Time-zone differences can also affect what is shown as the latest. Compare the timestamp and methodology when reviewing rates.

Does ETBtousd.com provide financial advice or trading recommendations?

No. The site provides informational references only and does not offer trading or financial advice. Always confirm rates with licensed providers before making decisions.

Is this website affiliated with any bank or government office?

No. ETBtousd.com is an independent reference site and is not affiliated with any bank or government entity. We display public references for context only.

What do people mean by 'black market' vs 'parallel market' in Ethiopia?

People often use these terms to describe informal exchange activity outside formal banking channels. We prefer parallel or informal market language because it is descriptive without endorsing the activity. Our site presents market observations for awareness, not as a recommendation.

Are informal market rates the same everywhere in Ethiopia?

No. Informal rates can vary by location, timing, and local demand. Our display represents a general reference based on public observations and may not match the exact rate you see in a specific area. Always confirm with trusted sources.

What causes a widening gap between official and informal rates?

Gaps can widen when there is high demand for foreign currency, restricted supply, or delays in official updates. Policy changes and broader market conditions also influence the spread. This information is for educational purposes only.

How can I spot unreliable or manipulated rate information online?

Check whether the site lists a timestamp, methodology, and source references. Compare multiple official sources when possible. Be cautious of rates that look dramatically different without explanation. Use official channels for decisions.

Where can I check today's USD rate for Commercial Bank of Ethiopia (CBE)?

We show official bank reference rates when they are published by trusted sources. For CBE, always confirm directly in the bank's app, website, or branch because rates can change during the day. The last-updated line on this site shows when we last checked. See Methodology for details.

How do I compare Oromia Bank's USD rate with other banks?

Use the official bank reference section to compare the published ranges side by side. For Oromia Bank, we rely on available reference listings and display the latest known values. Because banks can update rates frequently, verify in the bank's official channels and use this site as informational only.

Where can I find Dashen Bank's latest USD and EUR rates?

We display official reference rates when sources list Dashen Bank values. Check Dashen Bank's official app, website, or branch for the latest rates and any service fees. The last-updated timestamp on this site indicates the most recent check. See Methodology for how we source data.

How can I see Awash Bank exchange rates for USD and EUR?

Awash Bank's published rates are displayed when they appear in our official reference sources. Because rates can change at any time, verify directly with Awash Bank before making decisions. We provide the reference for comparison only and do not offer official quotes or transaction services.

How do Bank of Abyssinia rates compare to the broader market?

Bank of Abyssinia references are shown when published by official listings we monitor. Always confirm through the bank's official channels before acting. The market reference may move faster than official updates, which can create a visible gap.

Where can I check Buna Bank exchange rates today?

We include Buna Bank where official reference listings are available. For the most accurate rate, check Buna Bank's official channels or branch. The last-updated line indicates when we last refreshed the reference data. See Methodology for data sourcing details.

How do I find Siinqee Bank USD/EUR exchange rates?

Siinqee Bank's reference rates are shown when they are available through official listings. Rates can change during the day, so confirm in the bank's app or branch before acting. This website provides informational references only and is not affiliated with any bank.

How can I compare Coop Bank exchange rates with other banks?

Use the official bank reference section to compare Coop Bank's listed rates with the broader range. Because banks update rates at different times, verify directly with the bank for the latest values. This site is informational only and does not provide official pricing.

Where can I see Amhara Bank exchange rates today?

We display Amhara Bank reference rates when they are listed in our official sources. Always verify the latest rate with Amhara Bank directly, as published values can change during the day. The site's last-updated line indicates the most recent check.

Where can I check Wegagen Bank exchange rates?

Wegagen Bank references are shown when published in official listings. Rates can change quickly, so check Wegagen Bank's official channels before acting. Use this site as a comparison tool only.

Where can I find Zemen Bank exchange rates for USD and EUR?

We show Zemen Bank's reference rates when they are published by official listings. Rates can change quickly, so always confirm through Zemen Bank's official channels. The last-updated timestamp shows when the data was last checked. See Methodology for details.

How does Tsehay Bank's rate compare with other banks?

Tsehay Bank references appear when published by official listings we monitor. Compare the reference values with other banks and confirm directly with the bank before decisions. This information is for educational purposes only.

Where can I see Berhan Bank USD exchange rates today?

Berhan Bank's USD references appear when published by official listings we monitor. For accuracy, confirm through Berhan Bank's official channels. The site's timestamp shows when the reference was last updated, but rates can change at any time.

How do I compare Gadaa Bank exchange rates with others?

Gadaa Bank reference rates are displayed when official listings include them. Compare the bank's values alongside other official references to understand the range. Always verify through the bank's official channels.

Where can I check Nib Bank USD and EUR exchange rates?

Nib Bank references are shown when they are published by official listings. Because rates can change during the day, confirm with Nib Bank's official app or branch before acting. This site is informational only and does not provide official pricing or transactions.

I'm sending money to Ethiopia - which ETB rate should I use?

Use the rate provided by your licensed transfer provider or bank as the decision point. Our references can help you understand the market range, but the actual transfer rate depends on fees and the provider's pricing window. Always verify the final quote before sending money.

I'm traveling to Ethiopia - which ETB rate matters most?

If you are exchanging through a bank or licensed provider, use their quoted rate. For budgeting, the market reference provides context, but actual pricing will depend on fees and availability. This information is provided for educational purposes only.

I'm importing goods  how should I estimate my FX cost?

Use official bank references or the rate offered by your trade finance provider. Market references can provide a broader sense of FX conditions, but your final cost will depend on fees, timing, and contract terms. Always confirm with your provider.

Can I convert ETB to USD on this site?

No. We provide reference rates for comparison only. You will need to use a licensed bank or transfer provider to complete an exchange.

Why does the site show a premium or gap percentage?

The premium highlights the difference between the market reference rate and the official bank reference. It helps explain how far the two signals diverge. This figure is informational only and should be interpreted alongside the last-updated timestamp and methodology notes.

Why might the displayed bank rate differ from what I see in a bank app?

Banks can update rates at different times, and apps may show provisional values or include fees. Our data is cached about hourly and may lag by minutes. Always trust the bank's official channel for decisions, and use our display for context and comparison.

What happens if a data source is temporarily unavailable?

We keep the last known reference and show a data source pending message where updates are missing. This prevents sudden blanks while making it clear that freshness is limited. We do not fabricate or guess values. Check the timestamp before using the information.

Do you store personal data or require login?

No. We do not require login and we do not collect personal data for rate viewing. See the Privacy page for details.

How can I report an incorrect rate or bug?

Use the Contact page to share the page URL and the last-updated timestamp. We review reports and adjust sources as needed. This site is informational only.