Rand to birr exchange rate today

On 4 September 2026, the highest rate any Ethiopian bank pays for ZAR cash is 10.01 ETB per ZAR, at Development Bank of Ethiopia - that is what you receive when you sell ZAR. Buying ZAR costs more: the cheapest bank is Development Bank of Ethiopia at 10.21 ETB. Each bank sets its own rate and most reprice on every business day.

Development Bank of Ethiopia currently pays the most for ZAR cash, at 10.01 ETB. The leader changes regularly, because banks reprice independently and often daily. The table on this page ranks all 7 banks by their current published rate and flags any bank that has not refreshed its board.

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 ZAR will actually arrive.

The buying rate is what a bank pays you for your ZAR; the selling rate is what it charges when you buy ZAR 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 South African Rand 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.