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Currency

The local currency is the Ethiopian Birr (ETB), made up of 100 cents. Birr notes are available in denominations of 5, 10, 50 and 100. Visitors may import an unlimited amount of foreign currency, providing declaration of such currency is made to customs on arrival. Foreign currency may be changed only at authorized banks and hotels. The currency declaration form must be retained as this will be required by customs on departure. Visitors, however, will be able to change back any excess Ethiopian Birr to foreign currency at the airport before departure.

Banking Hours
Banking hours are usually from 8:00 am - 4:00 pm from Monday to Friday and from 8:00 am - 11:00 am on Saturdays. Closing times may be an hour longer in some private banks. Most banks work through lunchtime; however foreign exchange services are closed during lunch hours (12:00 noon - 1:00 pm).

 

Courier and Money Transfer Services
Money transfers can be made through Western Union and Money Gram. Both have representative branches in Addis Ababa and also make their services available from private and national banks.

 

For courier services, DHL, Fedex, UPS, TNT and EMS have offices in Addis Ababa.

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