Current ZAR-ETB mid-market exchange rate

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Today's ZAR-ETB commentary

The interbank rate between the South African rand and the Ethiopian birr is now near its highest value of the past 2-week period. The highest level observed during this timeframe was ZAR 1 = ETB 2.2418 (only 0.53% higher than its current level of ZAR 1 = ETB 2.23), on January 6. This actual high level of the ZAR-ETB exchange rate is in stark contrast with the recent much lower level (ZAR 1 = ETB 2.1814) recorded last Wednesday, when sending 4,000 ZAR converted into only 8,725.61 ETB (the same amount gives you 8,919.93 ETB at the moment - 194.32 ETB more).


ZAR Profile

Name: South African rand

Symbol: R

Minor Unit: 1/100 Cent

Central Bank: South African Reserve Bank

Country(ies): Lesotho, Namibia, South Africa

Rank in the most traded currencies: #20

ETB Profile

Name: Ethiopian birr

Symbol: Br

Minor Unit: 1/100 Santim

Central Bank: National Bank of Ethiopia

Country(ies): Eritrea, Ethiopia