MMomoCalc

🇪🇺 EUR to 🇪🇹 ETBEuro to Ethiopian Birr Rate Today

Indicative interbank rate. Interbank rate updated 19 Jul 03:00 UTC (less than 1h ago) · ExchangeRate-API (interbank)

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

LiveUpdated 19 Jul 03:00 UTC (less than 1h ago)
1 EUR = 188.65 ETB

EUR to ETB rate change

Rate tracking started 5 June 2026. Longer windows fill in as history grows.

1 day
+0.4%
1 week
+0.3%
1 month
+1.2%
1 year

Change in the EUR→ETB rate. + means the Ethiopian Birr weakened against the Euro; − means it strengthened.

Currency converter

You convert
🇪🇺EUR
Receives
🇪🇹18,865.00ETB
1 EUR = 188.65 ETB · Updated 2026-07-19 03:00
Send EUR to Ethiopia →

EUR → ETB conversion table

EURETB
1188.65
5943.25
101,886.50
203,773.00
509,432.50
10018,865.00
20037,730.00
50094,325.00
1,000188,650.00
2,000377,300.00
5,000943,250.00
10,0001,886,500.00

Table computed at the indicative rate of 1 EUR = 188.65 ETB. Real operator-side values include a 1%-4% spread.

Euro to Ethiopian Birr exchange rate history

Current: 1 EUR = 189 ETB
Low: 183High: 189

Official vs Parallel Market Rate

Indicative premium
Official (interbank)
Central bank reference rate
1 EUR = 188.65 ETB
Parallel / bureau
Buy 232.04 · Sell 239.59
1 EUR235.81 ETB
Premium / spread
+25.0%

Indicative premium, reviewed 2026-06-19. Indicative — reviewed June 2026 (post-floating reform narrowing; Reuters / IMF Article IV)

The parallel rate shown is an indicative, community-aggregated figure sourced from MomoCalc parallel-rate tracker. MomoCalc does not buy, sell, or set currency rates. Parallel rates vary by location, dealer, and time of day, and trading outside licensed channels may carry legal and security risks. Always confirm current rates with a licensed dealer before transacting. Educational only — not financial advice.

★ Parallel market
See the EUR/ETB black market rate today — live Binance P2P signal + official, computed premium.
Full black-market page →
★ Report + calculator
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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 routes.

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.

How to send Euro to Ethiopia

For transfers from Eurozone to Ethiopia, the competitive options in 2026 are mobile-first remitters (Sendwave, LemFi, TapTap Send, Lemonade Finance), aggregators (Wise, WorldRemit, Remitly) and direct operator rails (MTN MoMo, Orange Money, M-Pesa Global). All-in cost depends on amount, receiving wallet and day. Compare options side by side on our Ethiopia inbound transfer page.

Related pairs

FAQ

What is the EUR/ETB exchange rate today?
The indicative rate is 1 EUR = 188.65 ETB, updated 2026-07-19. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 EUR in ETB?
100 EUR ≈ 18,865.00 ETB at the indicative rate. For 100 EUR: 18,865.00 ETB. Use the converter above to try other amounts.
What's the best way to send Euro to Ethiopia?
For EUR to Ethiopia transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and the local mobile money operators. The all-in cost depends on the amount and the receiving wallet; see our Ethiopia inbound transfer comparison for current side-by-side pricing.
Is the Ethiopian Birr a stable currency?
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.
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 Ethiopia, see the inbound transfer comparison.