Riyal to birr exchange rate today

On 4 September 2026, the highest rate any Ethiopian bank pays for SAR cash is 45.38 ETB per SAR, at Siket Bank - that is what you receive when you sell SAR. Buying SAR costs more: the cheapest bank is Gaada Bank at 33.67 ETB. Each bank sets its own rate and most reprice on every business day.

Siket Bank currently pays the most for SAR cash, at 45.38 ETB, while Gaada Bank is the cheapest place to buy SAR at 33.67 ETB. The leader changes regularly, because banks reprice independently and often daily. The table on this page ranks all 24 banks by their current published rate and flags any bank that has not refreshed its board.

Across the 16 banks quoting SAR on 4 September 2026, the rate you are paid runs from 41.18 to 45.38 ETB. Choosing the right bank is therefore worth about 4205 ETB on a 1,000 SAR exchange. The median bank pays 43.00 ETB. Banks that have stopped publishing are excluded from these figures rather than dragging the range.

The cash rate applies to physical banknotes handed over a counter. The transactional rate applies to non-cash movements - wire transfers, remittances credited to an account, card settlement and letters of credit. Handling physical notes costs a bank more, so its cash rate is usually slightly worse than its transactional rate. Both are shown for every bank on this page, so compare the one that matches how your SAR will actually arrive.

The buying rate is what a bank pays you for your SAR; the selling rate is what it charges when you buy SAR from it. The bank keeps the gap between them, called the spread, as its margin. A narrower spread is a better deal overall, which is why it is worth comparing alongside the headline rate - a bank can lead on one side and lag badly on the other.

These are official rates, taken from the exchange rate boards Ethiopian commercial banks publish themselves. ET-Forex does not collect, quote or estimate parallel (black market) rates. The Saudi Riyal figures shown here are what a bank branch will apply, subject to that branch's own limits and documentation requirements.

ET-Forex re-reads every tracked bank's published board several times a day, and this page refreshes within minutes of a change. Most Ethiopian banks reprice once per business day, in the morning. Each row shows when that bank was last read, and any bank still quoting an older trading day is flagged and ranked last rather than being quietly mixed in with current rates.