Saturday, December 25, 2004

Currency and Banking

Currency and Banking:

Ethiopia's unit of currency, the birr, is issued by the National Bank of Ethiopia (8.66 birr equal U.S.$1; or 11,50 birr equals 1 euros, average late 2004). To change money it is better to change it in Addis Ababa, many times you will find difficult to change money in smaller towns and the rate is not so fair.

To receive money from Western Union is quite easy, even in small towns, you will find a Bank which works with Western Union, and it never takes more than 30 minutes.