Ethiopia Commodity Exchange

The Ethiopia Commodity Exchange (ECX) has started live trading on 24 April 2008. It’s said to be a new initiative for Ethiopia and the first of its kind in Africa.

 

According to press release by ECX on 24 April 2008, it provides a market place where buyers and sellers can come together to trade and be assured of quality, delivery and payment. The exchange is a private-public undertaking with capital investment from its main promoter, the Government of Ethiopia, and membership seats privately owned by trading and intermediary members. The Exchange is jointly governed by private – public Board of Directors and managed professionally by an internationally recruited team.

 

One can easily check all the services provided by the Exchange on its website: www.ecx.com.et

Exchange Rates

Selling Buying
USD US 23.0742  22.6218 
EUR EU 24.341  23.8637 
GBP UK 28.7482  28.1845 
CAD CA 17.5417  17.1977 
CHF CHE 22.8435  22.3956 
AED UAE 6.2818  6.1586