Ethiopia’s official currency is the Ethiopian Birr (ETB). Cash is the most widely used payment method, especially outside major cities. Credit cards are accepted in some hotels, restaurants, and larger stores in Addis Ababa, but acceptance is limited elsewhere.
- Official currency: Ethiopian Birr (ETB)
- Payment methods: Cash is predominant; credit cards (Visa, MasterCard) accepted in select urban locations; mobile payments (e.g., Telebirr) are growing but not widely used by international visitors.
- Contactless/mobile wallets: International mobile wallets (Apple Pay, Google Pay, Alipay) are generally not accepted.
- ATMs: Available in major cities and airports; most accept international cards (Visa, MasterCard), but outages are common. Daily withdrawal limits and fees (typically 3–5%) may apply.
- Currency exchange: Available at banks, authorized exchange offices, and airports. Exchange outside official channels is prohibited.
- Foreign currency restrictions: Import/export of local currency is limited to 200 ETB. Foreign currency up to USD 3,000 (or equivalent) can be brought in without declaration; amounts above must be declared. Exports above USD 3,000 require proof of legal exchange.
- Transaction fees: Foreign card transactions may incur surcharges or unfavorable exchange rates.
- Major banks: Commercial Bank of Ethiopia, Dashen Bank, Awash Bank.
- Government regulations: Large cash transactions may be subject to reporting. Travelers are advised to retain exchange receipts.
- Tips: Carry sufficient cash for rural travel; check ATM functionality before relying on card withdrawals.
