Mekelle Exchange Rates

Live Rates

Real-time black market exchange rates in Northern Ethiopia's regional capital. Live rates from Enda Selassie, Quiha, and other major commercial areas.

Last updated: 10:35 PM EAT
158.90
USD/ETB Rate
+1.6% today
Limited
Market Liquidity
2.3 ETB spread
4
Trading Areas
Active locations
12:30-2:30 PM
Peak Hours
Best rates available
Mekelle Currency Converter
USD

Major Trading Areas

Enda Selassie
Very Active

Central commercial district with main market

Rate Premium:+0.5%
Quiha
Active

Business area near university

Rate Premium:+0.3%
Hadnet
Moderate

Residential area with local trading

Rate Premium:+0.2%
Airport Road
Moderate

Transport corridor with regional connections

Rate Premium:+0.1%
Market Insights

Best Trading Times

Peak activity occurs between 12:30 PM - 2:30 PM when most traders are active and rates are most competitive.

Weekly Patterns

Sunday - Wednesday typically show the highest trading volumes and best rate opportunities.

Current Market Status

Market shows limited liquidity with an average spread of 2.3 ETB across major currency pairs.

Trader Information

Popular Locations

  • β€’ Enda Selassie: Central commercial district
  • β€’ Quiha: Business area near university
  • β€’ Hadnet: Residential trading area
  • β€’ Airport Road: Transport corridor

Safety Tips

  • β€’ Trade only with known, reputable dealers
  • β€’ Verify rates before committing to transactions
  • β€’ Be aware of current legal regulations
  • β€’ Consider transaction security and documentation

Important Legal Notice

This information is provided for educational purposes only. Exchange rates shown are indicative and may vary by location and trader. Users should be aware of and comply with all applicable Ethiopian laws and regulations regarding foreign currency exchange. Always verify current legal requirements before engaging in any currency exchange activities.