"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Best way to send: Remitly
We tested & reviewed 3 money transfer companies offering services between the United Arab Emirates and Ethiopia, and Remitly scored highly.
In total, Remitly appeared in 90.9% of United Arab Emirates to Ethiopia searches, and was the top rated company out of 3 that support transfers into Ethiopian Birr.
So for a great mix of cost, speed & features, make your United Arab Emirates to Ethiopia transfer using Remitly.
How to compare companies offering money transfers from United Arab Emirates to Ethiopia
Considerations ahead of sending money from United Arab Emirates to Ethiopia
A comparison of providers offering services between the United Arab Emirates and Ethiopia, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 3 providers that provide services for sending UAE Dirham to Ethiopia. This ensures you will get the best options for your transfer to Ethiopia from the United Arab Emirates.
Whilst we rate Remitly as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Arab Emirates to Ethiopia.
Cheapest way to send money from United Arab Emirates to Ethiopia: Sokin
Our data shows, over the past six months, that Sokin is 0.3% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* AED and a AED-ETB exchange rate for international transfers that is 0.5% different to the mid-market rate.
Securing the best rates on a AED to Ethiopia transfer can be done with Sokin but you can always search for your specific amount.
*The most common fee applied by Sokin when sending AED-ETB, based on data from the past six months.
Fastest money transfers from United Arab Emirates to Ethiopia: Paysend.
Through our comparison, we found Paysend to be the fastest option to transfer money from the United Arab Emirates to Ethiopian Birr in 90.9% of instances.
Over the last six months, sending money from the United Arab Emirates to Ethiopia through Paysend have an average fee of 0 AED.
Paysend was one of 3 money transfer providers we compared for overall speed of sending money from the United Arab Emirates to Ethiopia. This speed test included depositing UAE Dirhams to an account and the average timeframe for sending money to Ethiopia.
When fast transfers are a priority, Paysend is our best choice for sending from United Arab Emirates to Ethiopia.
Need to make a large transfer?
Remitly is the best option for large transfers of the 3 providers compared.
While Remitly may not always be the cheapest or fastest way to send AED from the United Arab Emirates to Ethiopia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Ethiopia from United Arab Emirates
Fees and exchange rates make up the total cost of sending money from Ethiopia to Ethiopia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current AED-ETB mid-market rate is 34.6286 ETB per UAE Dirham. You will get more Ethiopian Birr for your UAE Dirhams if you find a provider close to this number.
For context, over the last three months the AED-ETB mid-market rate has had a high of 32.5495, a low of 29.9619 and averaged 31.8522 ETB per UAE Dirham.
Across the 3 companies compared, the best exchange rate is with Remitly.
Unless fees are unusually high, the exchange rate you receive on converting AED to ETB will be the biggest determining factor when working out the cost of transferring UAE Dirhams to Ethiopia.
Fees: Transfer fees are charged as part of the transfer. Remitly at an average of 0 AED per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Ethiopian Birr eventually received in Ethiopia. You can assume that a lower cost of sending from the United Arab Emirates will result in more money received in Ethiopia.
Getting best exchange rate for sending UAE Dirham to Ethiopian Birr
Timing is essential when tracking the mid-market rate between AED and ETB. The end exchange rate you secure impacts how much ETB you get for your AED.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from AED to ETB was 31.8522.
During this period, it hit a high of 32.5495, and a low of 29.9619.
Remitly, which is our recommended service to send money online from the United Arab Emirates to Ethiopia offers an exchange rate that is only 3.44% above the mid-market rate.
Want to secure the best AED-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 the United Arab Emirates to Ethiopia!
Funding your United Arab Emirates to Ethiopia money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ethiopia and United Arab Emirates.
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 United Arab Emirates to Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AED to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.