WELCOME TO THE

NATIONAL BANK OF ETHIOPIA.

As the central bank of Ethiopia, we work to ensure price stability and the safety and soundness of financial institutions.

Interest Rates

MINIMUM SAVINGS RATE

7%

T-BILL  ANNUAL WEIGHTED AVERAGE YIELD

15.17%

NBE POLICY RATE (NBR)

15%

Daily Weighted Indicative Rate
ETB per USD

The 'Daily Weighted Indicative Rate' reflects the weighted average exchange rate calculated from FX transactions conducted by banks in previous day. It is meant to be only a referece exchange rate, but is not a mandatory transaction exchange rate.

Please note that all rates are updated only on weekdays.

INDICATIVE DAILY EXCHANGE RATE

December 31, 2024
Monetary Policy Committee Inaugural Meeting
November 30, 2024
National Bank of Ethiopia Issues Second Financial Stability Report
October 15, 2024
The National Bank of Ethiopia Announces New Policy on the Treatment of FX-Trading Related Spreads and Fees
October 3, 2024
NBE Announces Sale of $175mn to the foreign exchange market

FEATURED CONTENTS

Financial Stability Report

National Bank of Ethiopia Issues Second Financial Stability Report.

To File a Complaint

To make a complaint or learn about your rights and responsibilities.

Frequently Asked Questions

As the central bank of Ethiopia, we work to ensure price stability and the safety and soundness of financial institutions.

Learn more about what we do and how we do it.

Find out about our roles and function

NBE, as a central bank, does provide loan to the government and banks, not to individuals and business entities.

We provide a range of free education materials about our notes and their security features. These include leaflets and posters that can be downloaded or ordered online, as well as short films and online training.

We set rules for how banks should be run financially. These rules ensure banks have enough capital (money or other wealth such as property or shares) and the right plans and structures in place. 

We monitor banks to ensure they follow our policy. We do this by keeping in contact with bank staff at all levels so we can keep an eye on things like their accounts and the way they work. We call this work ‘supervision’.

If a bank does get into difficulty, we work with it to ensure that firms have orderly wind-down plans in place. 

Using regulation and supervision, we try to make sure that banks are run properly, and that if a bank fails it doesn’t cause widespread problems in the economy.

SWIFT is a secured telecommunication system serving members and the financial community. The word SWIFT represents Society for Worldwide Inter-bank Financial Telecommunication. It is a reliable and less costly method to transfer money. All banks in Ethiopia use the system to effect monetary transaction.

All eligible individuals can get foreign currency from commercial banks for these and other purposes.