FAQs on using EthioXchange
Below you'll find answers to the questions we get asked the most.
EthioXchange is a platform that offers latest and updated foreign exchange rates for the Ethiopian Birr (ETB) in comparison to a range of international currencies.
Currently, this platform supports exchange rates from 29 local banks and covers 18 foreign currencies. All exchange rates are updated daily.
EthioXchange currently supports the following 29 local banks.
COMMERCIAL BANK OF ETHIOPIA
DASHEN BANK
BANK OF ABYSINIA
AWASH BANK
COOPERATIVE BANK OF OROMIA
AMHARA BANK
NIB BANK
ADDIS INTERNATIONAL BANK
OROMIA BANK
HIBRET BANK
ABAY BANK
BERHAN BANK
BUNNA BANK
GLOBAL BANK ETHIOPIA
ENAT BANK
WEGAGEN BANK
ZEMEN BANK
HIJRA BANK
GOH BETOCH BANK
TSEDEY BANK
TSEHAY BANK
GADAA BANK
LION INTERNATIONAL BANK
DEVELOPMENT BANK OF ETHIOPIA
AHADU BANK
SIINQEE BANK
SIDAMA BANK
ZAMZAM BANK
RAMMIS BANK
View All
Exchange rates are updated regularly, typically multiple times a day, based on data provided by banks and other financial institutions.
Yes
Exchange rates can vary between banks due to different policies, fees, and market positions.
We gather exchange rates from official sources such as Ethiopian banks, reputable financial institutions, banks' official websites, their social media sites, and through direct calls with the banks.
Yes, you can use this page to convert from and to any foreign currencies.
Currently, we do not offer historical data, but this may be a feature we introduce in the future.
The rates are accurate at the time of publishing, but we recommend verifying them directly with the bank before making financial decisions.
Our website is free to use. We do not charge users for accessing exchange rate information.
No, we are not affiliated with any local banks in Ethiopia. Our platform operates independently, gathering exchange rate information from various sources to provide accurate and up-to-date data. However, we maintain a neutral stance and do not have direct partnerships or associations with any specific banks in the country.
Yes, users can subscribe to email alerts to receive updates on the latest exchange rates.
No, EthioXchange is currently focused solely on providing exchange rate information. We do not facilitate money transfers or other financial transactions.
You can contact our support team through the “Contact Us” page, where you’ll find our email address and phone number.
