Best choice: Moneycorp
We tested & reviewed dozens of money transfer providers, and Moneycorp scored highly.
Moneycorp appeared in 55.4% of Ethiopia to the United States searches in the last 6 months, and was the top rated company out of 3 that support ETB to USD.
So for a great blend of cost, speed & features, make your Ethiopia to the United States transfer using Moneycorp.
How to get the best deal on sending money from Ethiopia to United States
Get the most from sending money from Ethiopia to United States
Comparing providers offering services between Ethiopia and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire ETB-USD market and have compared 3 providers offering services between Ethiopia and the United States.
This ensures you will get the most comprehensive options for sending Ethiopian Birr to the United States.
Whilst we rate Moneycorp as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Ethiopia to the United States transfer needs.
Cheapest way to send money to the United States 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 US Dollar with Ethiopian Birr that is 1.65% different to the mid-market rate.
If you want to secure the best rates on a Ethiopia to United States transfer, Moneycorp offers value. We would still recommend searching for the amount you want to send to the United States.
*The most common fee applied to ETB-USD by Moneycorp, based on data from the past six months.
Fastest money transfers to the United States from Ethiopia: Moneycorp.
Through our comparison, we found Moneycorp to be the fastest option for sending Ethiopian Birr to US Dollar 60.8% of the time. For fast transfers between ETB and USD, Moneycorp is a great option.
When sending money from Ethiopia to the United States, 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 the United States 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 the United States transfers.
Sending large sums of money?
Of the 3 companies tested, Moneycorp is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to United States from Ethiopia can be expensive.
Moneycorp is our choice for big transfers to ETB because of all round price, speed and management when making large transfers.
Understanding the cost of money transfers from Ethiopia to United States
The total cost of sending money to United States from Ethiopia is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for ETB-USD is 0.0081 USD per Ethiopian Birr.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Ethiopian Birrs.
Over the last three months, the average ETB-USD mid-market rate has seen each Ethiopian Birr worth 0.0142 USD. Within this we see a high of 0.0175, and a low of 0.0082.
Of the 3 companies compared, Moneycorp offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting ETB to USD.
Fees: When sending money you may have to pay fees. Moneycorp has had an average fee of 0 ETB per transfer over the last 6 months, the lowest of the 3 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Ethiopia.
Getting best exchange rate for transfers between Ethiopian Birr and US Dollar
Timing is essential for transferring money between ETB and USD. The exchange rate you secure impacts how much USD you get for your ETB.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ETB to USD has moved slightly. On average, it was 0.0142.
During this same period,there was a high of 0.0175, and a low of 0.0082.
Moneycorp, which is our recommended service to send money online from Ethiopia to the United States offers an exchange rate that is only 1.67% above the mid-market rate.
Want to secure the best ETB-US Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Ethiopia to the United States!
Payment options for Ethiopia to United States money transfers
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, 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 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.