What is the current MAD to ETB exchange rate?

The current mid-market exchange rate is 1 MAD = 17.4248 ETB. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MAD to ETB rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MAD to ETB?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MAD/ETB rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MAD to ETB — live rate

Convert Moroccan Dirhams to Ethiopian Birrs and compare the real cost of sending money.

You send

MAD

They receive

ETB

1 MAD = 17.4248 ETB • Mid-market rate

Updated just now

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Historical MAD/ETB exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MAD to ETB

1 MAD → 17.42 ETB

5 MAD → 87.12 ETB

10 MAD → 174.25 ETB

50 MAD → 871.24 ETB

100 MAD → 1,742.48 ETB

500 MAD → 8,712.40 ETB

1,000 MAD → 17,424.80 ETB

5,000 MAD → 87,124.00 ETB

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

ETB — Ethiopian Birr

ISO Code ETB

Central Bank National Bank of Ethiopia

Common Notes Br1, Br5, Br10, Br50, Br100

Learn more about ETB

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MAD to ETB — live rate

Historical MAD/ETB exchange rate

Quick reference: MAD to ETB

Real cost of MAD → ETB

Estimated savings

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Currency snapshots