Travel Guide

Ethiopian Banking and Money Matters for Travelers

Ethiopia has a cash-based economy, so bringing enough Ethiopian Birr (ETB) is essential. Here’s a quick guide to navigating the Ethiopian banking system as a tourist:


  • The Ethiopian Birr (ETB) is the official currency.
  • Birr is not freely convertible, so you cannot exchange it back to most foreign currencies outside of Ethiopia.
  • Exchanging USD for Birr is the most common way to get cash. Euros are also accepted in some places.


  • Carry a mix of large and small denominations (1, 5, 10, 50, and 100 Birr notes).
  • Smaller towns and rural areas might rely more heavily on cash, so plan accordingly.
  • Be aware that some ATMs have withdrawal limits, so you might need to withdraw cash multiple times.


  • ATMs are becoming more widespread, especially in Addis Ababa and other major towns.
  • Look for ATMs from the Commercial Bank of Ethiopia (CBE), Dashen Bank, United Bank, and Zemen Bank. These ATMs are more likely to accept foreign debit cards (Visa and Mastercard).
  • ATMs might have limited cash or be out of service due to connectivity issues or power outages.

Credit Cards:

  • Major credit cards are rarely accepted in Ethiopia, except in some high-end hotels and restaurants.

Traveler’s Checks:

  • Traveler’s checks are not recommended. Even if a place says they accept them, it can be a hassle to cash them.

Money Transfers:

  • Money transfers services like Western Union and MoneyGram are available in Ethiopia, but they can be expensive.

Registering Foreign Currency at the Airport:

  • When you arrive in Ethiopia, you may be required to declare the amount of foreign currency you are bringing into the country. This is usually done at a customs desk upon arrival.
  • The amount you declare will be recorded on a currency declaration form. You should keep this form with you throughout your stay, as you might be asked to show it again when departing the country.
  • There are usually no restrictions on the amount of foreign currency you can bring into Ethiopia, but there are limits on how much Ethiopian Birr you can take out.

Disclaimer: The information provided here is intended for general informational purposes only and should not be considered as financial advice. It is recommended to consult with your bank and refer to official Ethiopian customs sources for the latest regulations on foreign currency declaration and limitations.

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