Our Mission

To make exchange rate information transparent, accessible, and easy to understand for everyone in Ethiopia.

๐Ÿ“– Our Story

EthioBlackMarket was founded in 2022 with a simple goal: to help Ethiopians access reliable exchange rate information in one place. Back then, finding accurate rates meant checking multiple sources, visiting different banks, or relying on word of mouth.

We built this platform to change that. Today, we provide real-time free market rates sourced from P2P (peer-to-peer) markets, alongside official rates from all major Ethiopian banks โ€“ all in one convenient location.

๐Ÿ’ก Why "EthioBlackMarket"?

Our name is a fun throwback to our early days, before Ethiopia transitioned to a free market exchange system. What was once called the "black market" rate is now simply the free market rate โ€“ determined by supply and demand in P2P markets.

We kept the name as a piece of our history, but make no mistake: we display completely legal, free market rates that reflect real market conditions in Ethiopia's modern forex landscape.

๐ŸŽฏ What We Offer

We believe everyone deserves access to accurate financial information. That's why we provide:

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Real-Time Rates

Live P2P market rates updated continuously throughout the day

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Bank Comparison

Official rates from all major Ethiopian banks in one place

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Historical Data

Track rate trends over time with our interactive charts

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Developer API

Access our data programmatically for your applications

๐Ÿค Our Commitment

We're committed to transparency and accuracy. We don't exchange currency ourselves โ€“ we simply provide information to help you make informed decisions. For actual currency exchange services, we recommend using authorized banks and financial institutions.

Have questions or feedback? We'd love to hear from you. Visit our Contact page to get in touch.