All reportsMonthlyFinal

July 2026July 1, 2026 – July 31, 2026

The bank average buying rate rose from 158.18 to 159.82 (+1.03%), between a low of 158.18 and a high of 159.82. The forex office average buying rate rose from 175.00 to 176.33 (+0.76%), between a low of 175.00 and a high of 176.50. The Black Market rate fell from 182.64 to 181.92 (−0.39%), between a low of 181.35 and a high of 183.21.

Key numbers (ETB per USD)
USD, I sell	Open	Close	High	Low	Average	Change
Banks	158.18	159.82	159.82	158.18	159.21	+1.03%
Forex offices	175.00	176.33	176.50	175.00	175.62	+0.76%
Black Market	182.64	181.92	183.21	181.35	182.32	−0.39%
NBE official	—	—	—	—	—	—

Banks crept up, the Black Market fell

Banks average
Forex offices average
Black Market
Middle half of banks (IQR)

Daily USD/ETB cash buy rates during the report period.
Date	Banks average	Forex offices average	Black Market
Jul 1, 2026	158.18	—	182.64
Jul 2, 2026	158.21	—	182.61
Jul 3, 2026	158.34	—	182.26
Jul 4, 2026	158.44	—	182.27
Jul 5, 2026	158.44	—	182.85
Jul 6, 2026	158.46	—	183.06
Jul 7, 2026	158.57	175.00	183.21
Jul 8, 2026	158.75	175.00	182.80
Jul 9, 2026	158.87	175.00	182.85
Jul 10, 2026	159.01	175.00	182.89
Jul 11, 2026	159.12	175.00	182.85
Jul 12, 2026	159.12	175.00	182.78
Jul 13, 2026	159.30	175.00	182.51
Jul 14, 2026	159.36	175.00	181.96
Jul 15, 2026	159.45	175.17	181.53
Jul 16, 2026	159.45	175.17	181.58
Jul 17, 2026	159.46	175.17	181.51
Jul 18, 2026	159.48	175.67	182.10
Jul 19, 2026	159.48	175.67	182.45
Jul 20, 2026	159.49	175.77	182.41
Jul 21, 2026	159.49	176.00	182.33
Jul 22, 2026	159.58	176.00	182.21
Jul 23, 2026	159.62	176.00	182.23
Jul 24, 2026	159.63	176.00	182.11
Jul 25, 2026	159.64	176.00	181.59
Jul 26, 2026	159.65	176.00	181.35
Jul 27, 2026	159.67	176.33	181.62
Jul 28, 2026	159.71	176.33	—
Jul 29, 2026	159.74	176.50	182.41
Jul 30, 2026	159.82	176.50	182.61
Jul 31, 2026	159.82	176.33	181.92

Black Market gap13.8%Started 15.5% · averaged 14.5%

Day-to-day swings0.68%Bank volatility, annualized · Black Market 3.59%

Most often bestTaypay Forex Bureau19 of 19 days · then Bank of Abyssinia (18)

Biggest movers

Least reliable publishers

Abay Bank0.00% of days fresh
Ammann Forex Bureau0.00% of days fresh
Awash Bank0.00% of days fresh

Events & quality flags

No market events in this period.

No rates were flagged as unusual.

Summary

The bank average buying rate rose from 158.18 to 159.82 (+1.03%), between a low of 158.18 and a high of 159.82.
The forex office average buying rate rose from 175.00 to 176.33 (+0.76%), between a low of 175.00 and a high of 176.50.
The Black Market rate fell from 182.64 to 181.92 (−0.39%), between a low of 181.35 and a high of 183.21.
The Black Market premium over banks narrowed from +15.46% to +13.83%, averaging +14.53%.
Annualized volatility was 0.68% for banks and 3.59% for the Black Market.
The biggest mover was Yoga Forex Bureau, whose buying rate changed +1.15%.
Taypay Forex Bureau most often had the best buying rate: 19 of 19 days.
Commercial Bank of Ethiopia most often had the best selling rate: 30 of 31 days.
Institutions published a fresh rate on 24.46% of days on average; the least reliable was Abay Bank at 0.00%.
No rates were flagged as unusual.

Informational only. Not a quote, offer, or recommendation.