Exchange Rate in Ethiopia

Ethiopia Exchange Rate | Economic News & Forecasts

Ethiopia - Exchange Rate

Incoming data suggests that growth remained moderate in FY 2018, picking up only modestly from 2017’s outturn. Revived business sentiment, thanks to a more stable political scene, likely boosted activity, and the latest available data for Q2 FY 2018 showed solid investment growth. However, exports contracted in the same period, weighed on by softer demand and lower prices for some key goods. On a brighter note, Prime Minister Abiy Ahmed is continuing to push on with his reform drive and, in July, the government announced it would award two telecom licenses to multinational firms, opening up one of the world’s largest closed telecom markets. The move should help improve telecoms infrastructure and accessibility in the country. Meanwhile, violence broke out in the Amhara region in June, in a reported coup attempt, illustrating the fragile security situation.

Ethiopia - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)19.05  20.33  21.26  22.40  27.58  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Ethiopia Exchange Rate Chart

Ethiopia Exchange Rate
Note: Exchange rate, ETB per USD (eop).
Source: Thomson Reuters.

Ethiopia Facts

Exchange Rate29.050.01 %Jul 11
Stock Market0.40.0 %Jul 11

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form