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 22.933  22.4833 
GBP UK 28.1273  27.596 
EUR EU 24.5429  24.0571 
CHF CHE 22.9215  22.4698 
CAD CA 17.5866  17.2352 
AED UAE 6.2447  6.1206