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Overall best option: Moneycorp
Of the 3 companies that support ETB to ZAR, Moneycorp offered the best combination of cost and speed.
Overall, Moneycorp appeared in 75% of Ethiopia to South Africa searches, consistently scoring as one of the best ways to send ETB to ZAR.
So for a great mix of cost, speed & features, send Ethiopian Birrs to South Africa using Moneycorp.
Compare for the best deal on your Ethiopia to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Ethiopia to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for ETB to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Ethiopia to South Africa
A comparison of providers offering services between Ethiopia and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Ethiopian Birr to South Africa we've compared 3 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Ethiopia.
Overall, we rated Moneycorp as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Ethiopia to South Africa.
Cheapest way to send money to South Africa from Ethiopia: Moneycorp
Data collected through our comparison over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* ETB and an exchange rate for buying Rand with Ethiopian Birr that is 1.81% different to the mid-market rate.
If you want to secure the best rates on a Ethiopia to South Africa transfer, Moneycorp offers value. We would still recommend searching for the amount you want to send to South Africa.
*The most common fee applied to ETB-ZAR by Moneycorp, based on data from the past six months.
Fastest money transfers to South Africa from Ethiopia: Moneycorp.
Through our comparison, we found Moneycorp to be the fastest option for sending Ethiopian Birr to Rand 75% of the time. For fast transfers between ETB and ZAR, Moneycorp is a great option.
When sending money from Ethiopia to South Africa, Moneycorp has an average fee of 0 ETB. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 3 money transfer providers offering Ethiopia to South Africa transfers for overall speed. This included transfer times to after depositing Ethiopian Birr to a money transfer account.
When you want the fastest way to send, Moneycorp is our recommended choice for Ethiopia to South Africa transfers.
Need to make a large transfer?
Moneycorp is the best option for large transfers of the 3 providers compared.
While Moneycorp may not always be the cheapest or fastest way to send ETB from Ethiopia to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of moving money from Ethiopia to South Africa
The total cost of sending money to South Africa from Ethiopia, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for ETB-ZAR is 0.1454 ZAR per Ethiopian Birr.
Finding a company offering an exchange rate closer to this will mean more Rand for your Ethiopian Birr.
The average ETB-ZAR mid-market rate for the last three months has been 0.2644 ZAR per Ethiopian Birr. This includes a high of 0.3283, and low of 0.1434.
Out of the 3 companies compared, Moneycorp offers the best exchange rates.
The exchange rate you receive on converting ETB to ZAR should be the biggest determining cost factor when transferring Ethiopian Birr to South Africa.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Moneycorp, with a fee average of 0 ETB per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Rand eventually received in South Africa.
A lower cost of sending from Ethiopia will result in more money received in South Africa.
Getting best exchange rate for transfers between Ethiopian Birr and Rand
Timing is essential for transferring money between ETB and ZAR. The exchange rate you secure impacts how much ZAR you get for your ETB.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ETB to ZAR has moved slightly. On average, it was 0.2644.
During this same period,there was a high of 0.3283, and a low of 0.1434.
Moneycorp, which is our recommended service to send money online from Ethiopia to South Africa offers an exchange rate that is only 1.81% above the mid-market rate.
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Payment options for Ethiopia to South Africa money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from Ethiopia to South Africa.
By using a money transfer company such as Moneycorp for transfers from Ethiopia to South Africa, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.
Moneycorp is the cheapest money transfer company for bank transfers from the 3 we compared for transfers from ETB into South Africa.With an average fee of 0 ETB to send money from Ethiopia to South Africa, Moneycorp offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from Ethiopia to South Africa with a debit or a prepaid card is available through Wise.
Wise is a one of the cheaper options for debit card payments for transfers from Ethiopia to South Africa. This cost is against a total of 3 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from Ethiopia to South Africa, Wise emerges as our top choice of the 3 companies offering this service.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Ethiopia.
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 Ethiopia to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ETB to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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