Where can I exchange currency in Ethiopia?

Which banks exchange foreign currency for free?

Currency Exchange at Banks

What is the exchange rate for Ethiopian Birr to a dollar?

Are you overpaying your bank?

What banks offer currency exchange?

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

What is the best currency to take to Ethiopia?

The best currency to bring is simple. it is the United States dollar, Euro, and Pound sterling. you can easily exchange them at any bank in Ethiopia.

Does Walmart do currency exchange?

Walmart money transfer exchange rates

The Walmart money transfer service uses exchange rates provided by MoneyGram when you’re sending money internationally. Unfortunately, MoneyGram’s exchange rates are not very competitive.

Can you exchange currency at the Post Office?

What do I do with any leftover currency? Unused currency can be exchanged for sterling at selected Post Office branches. You may need to produce your original Post Office receipt.

Can you drink alcohol in Ethiopia?

Ethiopia has banned all advertising of alcoholic drinks, as part of efforts to promote healthy living in the East African nation. In February government banned smoking near government institutions, medical facilities and entertainment spots, and banned the sale of alcohol to people under 21 years of age. …

What should I wear in Ethiopia?

For women, the ideal dress would be a long flowing shirt and dress that covers the shoulders and knees. Trousers are also fine (though few local women wear them except in Addis Ababa) but shorts or sleeveless tops are not really acceptable, especially in Islamic areas and rural settings.

How much cash can you bring into Ethiopia?

It’s illegal to carry more than 1000 birr in local currency when entering or leaving Ethiopia. If you’re found to be carrying in excess of that amount the money will be seized and a prison sentence is possible.

What is the cheapest way to get foreign currency?

If you’re on a mission to save money, here are the cheapest ways to purchase foreign currency.

• Stop by Your Local Bank. Many banks and credit unions sell foreign currency. …
• Visit an ATM. …
• Consider Getting Traveler’s Checks. …
• Buy Currency at Your Foreign Bank Branch. …
• Order Currency Online.

20.11.2018

How much is the currency exchange fee?

A currency conversion fee is typically 1% of the purchase price. It is levied by the credit card payment processor (usually Visa, MasterCard, or American Express) or ATM network and often passed on to you as part of the foreign transaction fee.

Where can I sell foreign currency?

If you like to plan ahead and want to exchange currency in the U.S., your bank or credit union will be your best bet. They have access to the best exchange rates and usually charge fewer fees than exchange bureaus. Most big banks sell foreign currency to customers in person at a local branch.

Can I use my debit card in Ethiopia?

Credit cards are accepted at only a very few outlets in Addis Ababa and it is not normally possible to get currency advances against a credit card. International bank and debit cards are accepted at major banks’ ATMs in the capital but there are very limited banking facilities in most other areas.

How much is a meal in Ethiopia?

While meal prices in Ethiopia can vary, the average cost of food in Ethiopia is ETB291 per day. Based on the spending habits of previous travelers, when dining out an average meal in Ethiopia should cost around ETB117 per person. Breakfast prices are usually a little cheaper than lunch or dinner.

Is Addis Ababa expensive?

A single person estimated monthly costs are 824$ without rent. … Addis Ababa is 43.36% less expensive than New York (without rent). Rent in Addis Ababa is, on average, 83.04% lower than in New York.