Dashen Bank Exchange Rates

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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 September 13, 2024.

Currency	Cash Buying	Cash Selling	Transactional Buying	Transactional Buying
US Dollar USD	108.0703	121.5791	106.3705	119.6668
Euro EUR	117.1807	131.8283	115.3376	129.7548
Swiss Frank CHF	0	0	121.0959	136.2329
Kenyan Shilling KES	0	0	0.7967	0.8963
South African Rand ZAR	0	0	5.7528	6.4719
Pound GBP	132.8586	149.4660	136.9309	154.0472
Canadian Dollar CAD	70.6777	79.5124	0	0
Swedish Kroner SEK	0	0	9.8018	11.0270
Japanese Yen JPY	0	0	0.6968	0.7839
UAE Dirham AED	26.6270	29.9554	28.9594	32.5793
Saudi Riyal SAR	26.0698	29.3285	0	0
Chinese Yuan CNY	13.5472	15.2406	0	0