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 23.1792  22.7247 
EUR EU 24.9964  24.5063 
GBP UK 28.9693  28.4013 
CAD CA 17.3913  17.0503 
CHF CHE 23.3379  22.8803 
AED UAE 6.3102  6.1865