๐Ÿ‡ช๐Ÿ‡น Ethiopia

Silver Price in Ethiopia Today (ETB)

Live silver rates in ETB, converted from the spot price in real time.

Silver per gram

Br342.53

ETB ยท spot ยท updates every minute

Silver / Gram

Br342.53

Silver / Tola

Br3,995.25

Silver / Troy Ounce

Br10,654.01

Silver / Kilogram

Br342,534.42

Other countries

Popular silver weights in Ethiopia

Silver coin melt values in Ethiopia

About silver in Ethiopia

Silver market in Ethiopia

The silver market in Ethiopia tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into ETB using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.

Taxes and import duties

Import duty and value-added tax in Ethiopia vary by silver form. Investment-grade bullion (silver of 99.9% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.

Popular purities

The two dominant purities are .999 (fine silver) for bars and coins, and .925 (sterling) for jewellery and cutlery. Both should carry a stamp visible with a loupe.

Where to buy silver in Ethiopia

Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Ethiopia. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.

Buying tip

Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's ETB rate. A premium over spot of 3โ€“7% for coins and 1โ€“4% for bars is normal โ€” anything higher is usually the making charge.