Euro to Ethiopian Birr Exchange Rate
Current black market rate for 1 EUR to ETB
177.53 ETB
1 EUR = 177.53 ETB
+13.60 (8.30%)
0.0056 EUR
1 ETB = 0.0056 EUR
Historical Rates
| Date | Rate (ETB) | Change |
|---|---|---|
| 9/14/2025 | 163.21 | -0.02 (-0.01%) |
| 9/15/2025 | 163.23 | +0.12 (0.07%) |
| 9/16/2025 | 163.11 | -0.28 (-0.17%) |
| 9/17/2025 | 163.39 | -0.29 (-0.18%) |
| 9/18/2025 | 163.68 | -0.25 (-0.15%) |
| 9/19/2025 | 163.93 | -13.60 (-7.66%) |
| 9/20/2025 | 177.53 | 0.00 (0.00%) |
About Euro to Ethiopian Birr Exchange
The Euro (EUR) to Ethiopian Birr (ETB) exchange rate shown above represents the black market rate, which is often higher than the official rate set by the National Bank of Ethiopia.
The black market exchange rate is influenced by various factors including supply and demand, economic indicators, political stability, and foreign currency reserves. It's important to note that while these rates are collected from reliable sources, they may vary slightly depending on location and individual traders.
Why are black market rates important?
Black market rates often provide a more accurate reflection of the true value of the Ethiopian Birr against foreign currencies. Many businesses, expatriates, and travelers use these rates as a reference point for their financial decisions and transactions.
Historical performance of EUR/ETB
The EUR/ETB exchange rate has shown an upward trend recently. Over the past week, the rate has increased by approximately 8.30%. This trend is visualized in the chart above, which shows the historical performance of the EUR/ETB exchange rate.