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Compare today's SAR to ETB (Saudi Riyal to Ethiopian Birr) exchange rates

Saudi Arabia
Ethiopia
SAR
Interbank Exchange Rate: 1 SAR = 41.3293 ETB
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 SAR =
40 978.00 ETB
Transfer Limit (SAR): No Limits
Indicative Rate1 SAR = 40.9780 ETB

📢 B2B transfers only

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 Saudi Riyal to Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from Saudi Arabia to Ethiopia. Send money overseas to your loved ones by comparing Saudi Riyal (SAR) 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 Saudi Arabia, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Ethiopia and their 1 SAR to ETB exchange rate today is 40.9780.

Were you looking to send money from Ethiopia to Saudi Arabia 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 SAR to ETB Conversion Rates

Here are some latest SAR to ETB (Saudi Riyal to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 SAR41.33 ETB
5 SAR206.65 ETB
10 SAR413.29 ETB
25 SAR1,033.23 ETB
50 SAR2,066.47 ETB
100 SAR4,132.93 ETB
150 SAR6,199.40 ETB
200 SAR8,265.86 ETB
250 SAR10,332.33 ETB
300 SAR12,398.79 ETB
400 SAR16,531.72 ETB
500 SAR20,664.65 ETB
600 SAR24,797.58 ETB
700 SAR28,930.51 ETB
800 SAR33,063.44 ETB
1,000 SAR41,329.30 ETB
1,500 SAR61,993.95 ETB
2,000 SAR82,658.60 ETB
2,500 SAR103,323.25 ETB
3,000 SAR123,987.90 ETB
4,000 SAR165,317.20 ETB
5,000 SAR206,646.50 ETB
10,000 SAR413,293.00 ETB
15,000 SAR619,939.50 ETB
20,000 SAR826,586.00 ETB
30,000 SAR1,239,879.00 ETB
40,000 SAR1,653,172.00 ETB
50,000 SAR2,066,465.00 ETB
100,000 SAR4,132,930.00 ETB

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


What's the best way to do Saudi Arabia to Ethiopia money transfers?

It can be very confusing when sending money from Saudi Arabia to Ethiopia given so many choices. Additionally, Saudi Riyal 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 Saudi Arabia 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 Saudi Arabia. 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 Saudi Riyal to Ethiopian Birr remittances.


How to get the best rate to transfer money to Ethiopia from Saudi Arabia?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Saudi Arabia to Ethiopia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your SAR to Ethiopian Birr international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Saudi Riyal to Ethiopian Birr exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Saudi Arabia to Ethiopia?

The final amount your recipient gets when you send SAR to ETB is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Saudi Arabia to Ethiopia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Ethiopian Birr is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Saudi Riyal to Ethiopia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Saudi Arabia to Ethiopia?

Big banks in Saudi Arabia are known to make a lot of money by charging high fees on Ethiopia money transfers from Saudi Arabia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a SAR to ETB exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Ethiopia. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Saudi Arabia to Ethiopia. You work hard for your money, so you should also ensure you get the maximum yield when you send ETB overseas.


How to send money to Ethiopia from Saudi Arabia fast?

The first thing to do when you need to convert SAR to ETB quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Saudi Riyal and Ethiopian Birr. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Saudi Arabia to Ethiopia remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Ethiopia.


Which are the best money transfer companies to send money from Saudi Arabia to Ethiopia?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Saudi Arabia to Ethiopia, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Saudi Riyal to Ethiopian Birr exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your ETB money transfers to Ethiopia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Ethiopia getting more money for every Saudi Riyal you send.


Step by step guide to do a money transfer from Saudi Arabia to Ethiopia

With so many possible ways to transfer Saudi Riyal to Ethiopian Birr, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Saudi Arabia to Ethiopia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Saudi Arabia and the receiver in Ethiopia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your SAR to Ethiopian Birr money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.