Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's NOK to ETB (Norwegian Krone to Ethiopian Birr) exchange rates

Norway
Ethiopia
NOK
Interbank Exchange Rate: 1 NOK = 15.3469 ETB
Updated about an hour ago

Found 5 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 NOK =
17 820.00 ETB
Transfer Limit (NOK): 1 - 100000
Locked-In Rate1 NOK = 17.8200 ETB
(*)(*)(*)(*)(*)
1000 NOK =
15 290.80 ETB
Transfer Limit (NOK): No Limits
Locked-In Rate1 NOK = 15.2908 ETB
(*)(*)(*)(*)( )
1000 NOK =
15 279.30 ETB
Transfer Limit (NOK): 0 - 20000
Locked-In Rate1 NOK = 15.2793 ETB

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 NOK =
15 259.00 ETB
Transfer Limit (NOK): No Limits
Indicative Rate1 NOK = 15.2590 ETB

📢 B2B transfers only
(*)(*)(*)( )( )
1000 NOK =
14 667.90 ETB
Transfer Limit (NOK): No Limits
Indicative Rate1 NOK = 14.6679 ETB

📢 New! Cash pickup available

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Norwegian Krone to Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from Norway to Ethiopia. Send money overseas to your loved ones by comparing Norwegian Krone (NOK) to Ethiopian Birr (ETB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Ethiopia from Norway, we currently have 5 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Ethiopia and their 1 NOK to ETB exchange rate today is 17.8200.

The next best Norwegian Krone to Ethiopian Birr exchange rate today for money transfers to Ethiopia is offered by Western Union (1 NOK = 15.2908 ETB).

Remitly and Verto are amongst other competitive providers to consider for Norway to Ethiopia money transfers.

Were you looking to send money from Ethiopia to Norway instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest NOK to ETB Conversion Rates

Here are some latest NOK to ETB (Norwegian Krone to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 NOK15.35 ETB
5 NOK76.73 ETB
10 NOK153.47 ETB
25 NOK383.67 ETB
50 NOK767.35 ETB
100 NOK1,534.69 ETB
150 NOK2,302.04 ETB
200 NOK3,069.38 ETB
250 NOK3,836.73 ETB
300 NOK4,604.07 ETB
400 NOK6,138.76 ETB
500 NOK7,673.45 ETB
600 NOK9,208.14 ETB
700 NOK10,742.83 ETB
800 NOK12,277.52 ETB
1,000 NOK15,346.90 ETB
1,500 NOK23,020.35 ETB
2,000 NOK30,693.80 ETB
2,500 NOK38,367.25 ETB
3,000 NOK46,040.70 ETB
4,000 NOK61,387.60 ETB
5,000 NOK76,734.50 ETB
10,000 NOK153,469.00 ETB
15,000 NOK230,203.50 ETB
20,000 NOK306,938.00 ETB
30,000 NOK460,407.00 ETB
40,000 NOK613,876.00 ETB
50,000 NOK767,345.00 ETB
100,000 NOK1,534,690.00 ETB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Norway to Ethiopia?

It can be very confusing when sending money from Norway to Ethiopia given so many choices. Additionally, Norwegian Krone to ETB exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Norway to Ethiopia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Ethiopia from Norway. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Norwegian Krone to Ethiopian Birr remittances.


How to get the best rate to transfer money to Ethiopia from Norway?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Ethiopia from Norway. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your NOK to Ethiopian Birr money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Norway to Ethiopia corridor to give you more good choices for your next ETB money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Norway to Ethiopia?

One of the most important things to watch out for is hidden fees when sending money to Ethiopia from Norway. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Ethiopia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Ethiopian Birr foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NOK to Ethiopia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Ethiopia from Norway.


Should I use my bank to transfer money from Norway to Ethiopia?

Bank transfers have been a traditionally popular way to send money overseas from Norway to Ethiopia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the NOK to ETB exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Norway bank for your Ethiopia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Norway to Ethiopia fast?

It could be a stressful experience if you need to rush money quickly from Norway to Ethiopia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert NOK to ETB. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Ethiopian Birr. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Norway to Ethiopia money transfers.


Which are the best money transfer companies to transfer money from Norway to Ethiopia?

Comparing money transfer companies for sending money to Ethiopia from Norway can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Ethiopia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Norwegian Krone to Ethiopian Birr transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Ethiopian Birr yield on every Norwegian Krone that you send.


Step by step guide to send money to Ethiopia from Norway

Follow the below easy steps to send money to Ethiopia from Norway.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Norway bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Ethiopia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your NOK to ETB remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.