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🇪🇹 ETB to 🇪🇺 EUR Exchange Rate

Convert Ethiopian Birr to Euro using the live indicative interbank rate and the converter below. Covers the cost of sending to Eurozone via the major mobile money apps.

1 ETB = 0.01 EUR

Updated 2026-06-04

Currency converter

You convert
🇪🇹ETB
Receives
🇪🇺0.54EUR
1 ETB = 0.01 EUR · Updated 2026-06-04 00:00

ETB → EUR conversion table

ETBEUR
5002.71
1,0005.41
2,00010.82
5,00027.05
10,00054.10
25,000135.25
50,000270.50
100,000541.00
250,0001,352.50
500,0002,705.00
1,000,0005,410.00

Table computed at the indicative rate of 1 ETB = 0.01 EUR. Real operator-side values include a 1%-4% spread.

About the Ethiopian Birr

The Ethiopian Birr (ETB, Br) is the official currency of Ethiopia, issued by the National Bank of Ethiopia. The Birr is subdivided into 100 santim. Ethiopia operated a heavily managed exchange-rate regime for many years, with a wide gap between the official and parallel-market Birr rates. In July 2024 the National Bank moved to a market-determined exchange rate as part of a broader IMF-supported reform programme; the Birr devalued sharply — roughly 30% against the USD in the days following the policy shift — and the official window subsequently converged closer to where the parallel market had been trading. For diaspora inflows to Telebirr and the M-Pesa Ethiopia rollout, the post-reform Birr rate is materially more competitive than under the prior administered regime.

About the Euro

The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD. Two African monetary unions — the West African Economic and Monetary Union (UEMOA / XOF) and the Central African Economic and Monetary Community (CEMAC / XAF) — peg their CFA francs to the EUR at the fixed rate of 655.957 CFA = 1 EUR. The peg has been in continuous operation since the 1999 introduction of the Euro, and replaced the prior French franc peg. For diaspora remitters in France, Belgium, Italy, Spain, Portugal and Germany, the EUR is the dominant send currency for the WAEMU and CEMAC corridors.

Related pairs

EUR → ETBETB → USDEUR → USDETB → GBPEUR → GBPEUR → EUR

FAQ

What is the ETB/EUR exchange rate today?
The indicative rate is 1 ETB = 0.01 EUR, updated 2026-06-04. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 ETB in EUR?
100 ETB ≈ 0.54 EUR at the indicative rate. For 500 ETB: 2.71 EUR. Use the converter above to try other amounts.
What's the best way to send Ethiopian Birr to Eurozone?
For ETB to Eurozone transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the Euro a stable currency?
The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Eurozone, see the inbound corridor comparison.