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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Ethiopia to United States searches, and was the top rated company out of 3 that support ETB to USD.
So for a great mix of cost, speed & features, make your Ethiopia to United States transfer using Wise.
How to get the best deal on your Ethiopia to United States transfer
Summary of recent searches
Important things to consider before sending money from Ethiopia to United States
Don't settle for the first option. Always compare ways to send money from Ethiopia to United States to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Ethiopia and United States.
Through this, you get a comprehensive view of all the options you have in Ethiopia when you need to send money to United States.
Cheapest way to send money to United States from Ethiopia: Wise
Data collected over the past six months show that Wise is 1.9% cheaper than the second-best option.
The Br609.8 transfer cost represents the most common fee for ETB to USD international transfers, based on data from the past six months.
If you want to secure the best rates on a ETB to United States transfer, make sure you pick Wise to send your money online.
*The most common fee applied to ETB-USD by Wise, based on data from the past six months.
Fastest way to send money from Ethiopia to United States: Wise
Our data shows that Wise came up as the fastest way to send money from Ethiopia to United States in 90% of searches. This makes them well suited to urgent ETB to USD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Ethiopia to United States - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to United States from Ethiopia in 90% 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 ETB from Ethiopia to United States, it’s the provider that will keep you safe and relaxed while your money moves into USD.
Understanding the costs involved when moving money from Ethiopia to United States
When calculating the costs of money transfers between Ethiopia and United States, here's what really matters:
The Mid-Market Rate: Today, the ETB-USD mid-market rate equals to 0.017572 USD per Ethiopian Birr. Keep in mind that this rate fluctuates all the time.
The ETB-USD average exchange rate of the past three months has been 0.0178 USD per Ethiopian Birr, with a high of 0.0181 and a low of 0.0176.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent ETB to USD rates that are only 0.03% away from the average.
How to find the best exchange rate for Ethiopian Birr to US Dollar
Timing is essential sending money between ETB and USD. The exchange rate you secure impacts how much USD you get for your ETB.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ETB to USD has seen some fluctuation. On average, it stood at 0.0178.
During this period, the highest value recorded was 0.0181, while the lowest was 0.0176.
Wise, which is our recommended service to send money online from Ethiopia to United States offers an exchange rate that is only 0.03% above the mid-market rate.
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Payment methods available to fund your Ethiopia to United States transfer
Bank transfers
Bank transfers are often the default option for sending money from Ethiopia to United States.
By using a money transfer company such as Wise for transfers from Ethiopia to United States, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 3 we tested when sending ETB to United States.
With an average fee of ETB407.37 to send money from Ethiopia to United States, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Ethiopia to United States with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Ethiopia to United States, competing among a total of 3 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Ethiopia to United States, Instarem emerges as our top choice of the 3 companies offering this service.
Our comparison engine's last six months of data on ETB to USD searches show Instarem has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Ethiopia.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 United States .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ETB to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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