1 ETB to MAD - Convert Ethiopian Birr to Moroccan Dirham

Looking at the 30-day window, the ETB/MAD pair traded in a range of 0.056900 to 0.061400. The monthly average was 0.059024 with 1.92% volatility. This upward movement of 3% suggests significant momentum in the ETB/MAD exchange rate.

The current mid-market exchange rate is 1 ETB = 0.058959 MAD, updated as of July 3, 2026, 2:49 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Ethiopian Birr to Moroccan Dirham Exchange Rate

The ETB/MAD exchange rate tells you how many Moroccan Dirham (MAD) you receive for every Ethiopian Birr (ETB). At the current mid-market rate of 1 ETB = 0.058959 MAD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the ETB/MAD Conversion

Converting Ethiopian Birr to Moroccan Dirham involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Ethiopian Birr Overview

The Ethiopian Birr (ETB) is the official currency of Ethiopia, Africa's second most populous country. Coffee exports and foreign direct investment drive demand for the birr. Understanding the fundamentals behind ETB helps contextualize its exchange rate movements against MAD and other currencies.

Moroccan Dirham Overview

The Moroccan Dirham (MAD) is the official currency of Morocco, pegged to a basket of 60% euro and 40% US dollar. Morocco's automotive manufacturing and tourism support the currency. The MAD exchange rate against ETB reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 ETB = 0.058959 MAD shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: MAD to ETB

The reverse exchange rate is 1 MAD = 16.9609 ETB. This is useful if you are starting with Moroccan Dirham and want to know how much Ethiopian Birr you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated MAD to ETB converter for the reverse direction.