May 29, 2025

My Views on News

Impartial and Unflinching

dashen bank exchange rates

Dashen Bank Exchange Rates

Spread the love

Dashen Bank has announced the foreign exchange rates based on a policy amendment.

The National Bank of Ethiopia has implemented significant reforms to its foreign exchange management system. The new approach shifts to a market-based model, allowing banks and their customers to negotiate exchange rates.

The rate announced by Dashen Bank closely aligns with those provided by the Commercial Bank of Ethiopia earlier in the day, indicating a broader trend among financial institutions to standardize FX rates.

Below are the exchange rates for Dashen Bank for January 30, 2025.

CurrencyCash BuyingCash SellingTransactional BuyingTransactional Buying
US Dollar USD124.9665127.4658124.9665127.4658
Euro EUR135.5013138.2113135.5013138.2113
Swiss Frank CHF00142.2663145.1116
Kenyan Shilling KES000.93600.9547
South African Rand ZAR006.75866.8937
Pound GBP153.6303156.7029160.8695164.0869
Canadian Dollar CAD81.727883.362400
Swedish Kroner SEK0011.515311.7456
Japanese Yen JPY000.81860.8350
UAE Dirham AED30.790031.405834.022234.7026
Saudi Riyal SAR30.145730.748600
Chinese Yuan CNY15.665215.978500

Gold Price Registers Record Increase in Ethiopia