Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 87.8% of Spain to Ethiopia searches, and was the top rated company out of 4 that support EUR to ETB.
So for a great mix of cost, speed & features, make your Spain to Ethiopia transfer using Wise.
How to get the best deal on your Spain to Ethiopia transfer
Important things to consider before sending money from Spain to Ethiopia
Don't settle for the first option. Always compare ways to send money from Spain to Ethiopia to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Spain and Ethiopia.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Ethiopia.
Cheapest way to send money to Ethiopia from Spain: Wise
Data collected over the past six months shows that Wise is 1.5% cheaper than the second-best option.
The €446.95 transfer cost represents the most common fee for EUR to ETB international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Ethiopia transfer, make sure you pick Wise to send your money online.
*The most common fee applied to EUR-ETB by Wise, based on data from the past six months.
Fastest way to send money from Spain to Ethiopia: TransferGo
Our data shows that TransferGo came up as the fastest way to send money from Spain to Ethiopia in 49% of searches. This makes them well suited to urgent EUR to ETB money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to Ethiopia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, TransferGo is your best choice at the moment. This service emerged as the quickest way to send money to Ethiopia from Spain in 49% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Ethiopia, it’s the provider that will keep you safe and relaxed while your money moves into ETB.
Understanding the costs involved when moving money from Spain to Ethiopia
When calculating the costs of money transfers between Spain and Ethiopia, here's what really matters:
The Mid-Market Rate: Today, the EUR-ETB mid-market rate equals to 61.660938 ETB per Euro.
The EUR-ETB average exchange rate for the past three months has been 61.2588 ETB per Euro, with a high of 62.3748 and a low of 58.8534.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to ETB.
How to find the best exchange rate for Euro to Ethiopian Birr
Timing is essential for sending money between EUR and ETB. The exchange rate you secure impacts how much ETB you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to ETB has seen some fluctuation. On average, it stood at 61.2588.
During this period, the highest value recorded was 62.3748, while the lowest was 58.8534.
Wise, which is our recommended service to send money online from Spain to Ethiopia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best EUR-Ethiopian Birr exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Ethiopia!
Payment methods available to fund your Spain to Ethiopia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ethiopia and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.