EBM (Ethioblackmarket.com)

📊 Market Update The ETB P2P market has shifted. The action has now moved to MEXC, Telegram Wallet, and Noones — that's where ETB is actively being traded today. 🇪🇹 As always, we're tracking the real market so you get accurate, up-to-date rates. 💵 Live rates: ethioblackmarket.com

🇪🇹 Binance. OKX. Bybit — all suspended ETB P2P trading. For thousands of Ethiopian freelancers, remote workers, and families, this was a real lifeline. A few things worth remembering: 👉 A free market is the most honest mirror of a currency's real value. 👉 Restricting trade doesn't fix an economy — it hides what's actually happening. This moment is bigger than one platform. It's about whether Ethiopians can stay connected to the global digital economy. That's why we are building an open-source P2P market — by Ethiopians, for Ethiopians. Decentralized. Transparent. Community-owned. But a project like this only works with a strong community behind it. 🔥 Invite everyone you know from the P2P market. 🔥 Every freelancer. Every trader. Every young person building a future. 🔥 The bigger we grow, the stronger the alternative becomes. Share the invite link in your group chats. Send it to friends. This is about all of us. 👇 Share this channel now 👇 https://t.me/ethioblackmarketcom

📊 USD/ETB Update: The Birr Is Holding Strong — Mar 14, 2026 The parallel market rate is now sitting at 185.55 Br — a meaningful pullback from the January peak of ~194.51 Br, and far from the 200 Br level many had feared. At its lowest in recent weeks, the rate touched 183.64 Br. That's a nearly 11 Br drop from the high. Encouraging signs for the Ethiopian economy. 🇪🇹 📈 Today's Figures • Live Rate: 185.55 Br (+0.86%) • Open: 183.96 Br | Close: 185.68 Br • Daily Range: 183.64 – 186.06 Br 🧠 What's Behind the Recovery? This isn't happening by accident. A lot has changed in the policy landscape: • The NBE's sweeping February 2026 forex directive has opened up formal channels significantly — removing minimum deposit requirements for FX accounts, allowing exporters to retain 100% of proceeds, and enabling banks to set more market-reflective rates. More dollars are flowing through official systems. • The bi-weekly NBE FX auctions, backed by a $520 million allocation, are acting as a stabilizing buffer — absorbing excess demand before it spills into the parallel market. • Speculative pressure that drove the January surge has largely cooled. Traders who bet on 200 Br are unwinding those positions. 🔮 Our Take & What Could Come Next Analysts had projected the birr to stabilize in the 160–165 Br range at the official level by mid-2026, with the parallel market premium narrowing to 5–8%. If that trajectory holds, we could realistically see the black market rate drift toward the 178–182 Br range over the coming months — or even lower if diaspora remittances continue flowing into formal banking channels. The wildcard? Ethiopia's export performance — coffee and gold revenues are critical. Strong export seasons would give the NBE more firepower to keep auctions well-supplied and the rate stable. ⚠️ A Word of Caution We've been here before. If you look back at this chart, we've seen sharp pullbacks in the past — only for the rate to bottom out and surge to new highs shortly after. History doesn't always repeat, but it often rhymes. A dip is not always a recovery. That said — this time feels different. The policy environment has genuinely shifted, formal channels are absorbing more supply, and the speculative frenzy has calmed. If this downward trend holds and the reforms continue delivering, we may be looking at the early signs of a real economic stabilization. And if that's the case? Ethiopia could once again become a serious destination for investors and the diaspora looking to put their money to work back home. 🌝 We're watching closely. You should too. 🫵 https://ethioblackmarket.com 🧠 https://ethioblackmarket.com 👥 https://ethioblackmarket.com ⚠️ For information & educational purposes only.

🫵 https://ethioblackmarket.com 🧠 https://ethioblackmarket.com 👥 https://ethioblackmarket.com ⚠️ For information & educational purposes only.

🚨 USD/ETB Jumps to 191.5 Br — Jan 19, 2026 The birr just saw one of its steepest single-day surges, as the USD/ETB rate spiked to 191.5 Br, touching highs of 192 Br before stabilizing. ⚙️ Possible Drivers Market reaction to tightening supply and delayed auction releases. Traders anticipating a broader devaluation or policy move. Technical momentum — after weeks of steady gains, once 189 Br broke, it triggered a rapid jump to near 191 Br. 📈 To 200 Br? We are now just 8.50 Br away from 200 Br.

🚨📉 USD/ETB Market Analysis 💵 USD/ETB is now: 186.2304 Br (LIVE) For most of the session, USD/ETB was moving in a tight, nervous range… then suddenly — a sharp dump hit the chart and price slid hard toward the lows. That kind of move usually isn’t “normal drift”… it’s the market snapping. 📌 Today’s 1H range: 186.04 – 187.01 Right now we’re hovering near the bottom of the range, which is where the next big decision happens: ⚔️ The battle lines 🛡️ Support zone: 186.04 – 186.20 If this area holds, a bounce back toward 186.70–187.00 becomes likely. 🚧 Resistance zone: 186.70 – 187.00 If price can reclaim this and stay above it, it signals the sell-off was a fake-out. 🧨 The big psychological milestone: 200 At 186.2304, USD/ETB is only 13.7696 Br away from 200. That’s the scary part: one strong wave in the market and 200 is suddenly “not far”… it’s “next.” 🔗 Track it LIVE: ethioblackmarket.com ⚠️ For information & educational purposes only.

🎄🧮 EBM Christmas Math Challenge — Leaderboard Update! ❄️ The competition is getting serious 😮‍💨🔥 Right now the top scores look like this: 🥇 Kibrie — 12,620 🥈 phantom123 — 3,360 🥉 j*@gmail.com — 2,940** (Top 10 is filling up fast!) ⏳ Time left: ~12 days (current round) 💰 Reminder: Top 3 win 100 USDT each (300 USDT total) — paid every 2 weeks. 🎮 Play here: https://ethioblackmarket.com/game ✅ Update: The username display bug is fixed — your name should now show correctly on the leaderboard. ⚠️ Winners will need to submit their USDT wallet address to receive the prize. 🎮 Play here: https://ethioblackmarket.com/game 🎮 Play here: https://ethioblackmarket.com/game 🎮 Play here: https://ethioblackmarket.com/game

🎄🧮 EBM Christmas Math Challenge — Win USDT! 🎅✨ We’re running a holiday competition on EthioBlackMarket: a simple 60-second math game. You’ll see quick questions (like 90 − 11 = ?) — answer as many as you can before time runs out. Higher score = higher rank on the leaderboard. ⚡️ 🏆 Prizes (every 2 weeks): Top 3 players win 100 USDT each (300 USDT total) 💸 🔥 How to boost your score: Play daily to build a streak and get multipliers: Day 2 1.2x • Day 3 1.5x • Day 5 2x • Day 7+ up to 5x 🎮 Play here: https://ethioblackmarket.com/game ✅ The leaderboard just reset — best time to start. ⚠️ Winners must submit their USDT wallet address so we can send the prize. 🎮 Play here: https://ethioblackmarket.com/game 🎮 Play here: https://ethioblackmarket.com/game 🎮 Play here: https://ethioblackmarket.com/game Merry Christmas & Happy Holidays! ❄️🎁

📊 Market Analysis — EthioBlackMarket (LIVE | 17/12/2025 ~10:34) Rates 💵 USD/ETB: 186.9551 Br (+0.49%) 💶 EUR/ETB: 219.6474 Br (+0.49%) 🇦🇪 AED/ETB: 50.9028 Br (+0.49%) What it means ✅ All three pairs are up by the same % → this looks like a broad ETB move (ETB weakening), not a single-currency event. Today’s chart action 📈 Slow climb → strong spike up → small pullback → holding near highs. This usually signals strong demand, with some profit-taking, but momentum still positive. Levels to watch USD/ETB: 187.00 is the key psychological level. Holding around 186.90+ keeps the trend strong; slipping below can trigger a deeper pullback. 🔗 Track it live: ethioblackmarket.com ⚠️ For information & educational purposes only.

🚀 New Features on EthioBlackMarket.com! We just dropped 3 new tools to help you track the USD/ETB black market rate: 📊 Interactive Chart – View rate history with 1H, 1D, 1W, 1M, and All-time filters. See exactly how the Birr has moved. 💱 Currency Converter – Instantly convert USD to ETB (and vice versa) at the current black market rate. 📉 Purchasing Power Calculator – Find out how much more Birr you need today compared to any past date. Spoiler: it's a lot more. Check it out 👉 ethioblackmarket.com

⚠️ Market Alert — P2P Volatility Ahead The USD/ETB P2P market is currently going through a period of high volatility following increased crackdowns and restrictions on online traders. Many sellers and buyers are holding back, leading to rapid price swings and unstable spreads. 💱 What to Do Now We recommend waiting until the market stabilizes before making any major USD buys or sells. The current rate movements are not reflecting a true, balanced demand–supply level — short-term fluctuations could still continue. 🧭 Stay Patient Ethiopian authorities are closely monitoring informal FX activity, and liquidity remains thin. Once the situation settles and prices stabilize, we’ll post another update to guide you through the next move.

🚨 USD/ETB Jumps to 179.79 Br — Oct 14, 2025 The birr just saw one of its steepest single-day surges, as the USD/ETB rate spiked to 179.79 Br, touching highs of 180.42 Br before stabilizing. 📊 Market Insight Supply: Only about $2,000 was offered at 179 Br — very thin liquidity at higher prices. Demand: Heavy bids are stacked between 170–172 Br, showing buyers rushing in as the rate broke through previous resistance levels. ⚙️ Possible Drivers Market reaction to tightening supply and delayed auction releases. Traders anticipating a broader devaluation or policy move. Technical momentum — after weeks of steady gains, once 174 Br broke, it triggered a rapid jump to near 180 Br. 📈 To 200 Br? We are now just 20.2 Br away from 200 Br. At this pace, if momentum holds, the 200 Br mark could be tested within the next 5–6 weeks.

📊 USD/ETB Market Update — Oct 13, 2025 The birr continues to weaken slightly as the USD/ETB rate climbed to 172.57 Br (+0.15 %). 💹 Market Overview Supply side: Largest offers now sit between 172 – 174 Br, with strong sell walls at 172 Br and 173 Br. Demand side: The heaviest buying pressure remains concentrated between 168 – 170 Br, indicating continued appetite for dollars even at higher prices. ⚖️ Market Behavior After last week’s brief correction, buyers have returned, pushing the rate back toward its upward channel. The range between 170 – 174 Br is now acting as the short-term battleground. 📈 To 200 Br? At today’s price, we are 27.43 Br away from 200 Br — around 13–14 weeks away if the pace averages +2 Br per week. 🔍 Insight The slow climb suggests cautious optimism among traders. There’s no confirmed policy shift from the National Bank, but auction volumes and liquidity conditions appear tight. Seasonal imports and remittance demand continue to absorb available supply.

▶️📈 For live updates, visit: https://ethioblackmarket.com 📣 The website might not open for some Users in Ethiopia. Try accessing it through ➡️VPN.

Prime Minister Abiy Ahmed (PhD) has nominated Eyob Tekalegn (PhD), state minister for Finance, as the new governor of the National Bank of Ethiopia (NBE). Eyob brings more than two decades of experience in economic policymaking, finance, and diplomacy, having served as minister of the National Planning Commission and as minister Counselor at Ethiopia’s Embassy in Washington, D.C. His portfolio spans advisory roles to consulting for multinationals, and stints at institutions such as UNECA, COMESA, UNCTAD, the World Bank, and the IFC. Beyond government, Eyob worked as a director at SGI Frontier Capital, a U.S.-based private equity firm focused on frontier markets, before rejoining public service in 2018. He currently sits on the boards of the National Bank of Ethiopia NBE), Ethiopian Investment Holdings, Ethio telecom, and Ethiopian Electric Power, while chairing others, including the Ethiopian Roads Authority, Accounting & Audit Board, and Public Procurement Agency. A graduate of George Washington University with a master’s degree, Eyob earned his PhD in political economy from the University of Maryland. Colleagues describe him as a technocrat with a balanced perspective on the structural challenges facing developing economies. His nomination comes at a crucial moment for the Central Bank, tasked with managing stubborn inflation, price discovery in foreign exchange market, and reform pressures under ongoing talks with the IMF. Analysts view the appointment as a test of continuity in economic management and a signal of the Administration’s intent to reinforce credibility at the apex of external debt pressure.

📈 USD/ETB Market Update – Sept 18, 2025 The birr weakened further today as the USD/ETB rate climbed to 164.55 Br (+0.55%). Supply side: Larger offers are stacked at 165 Br and 170 Br, while smaller amounts appear at 163–164 Br. Demand side: Strong buying pressure is concentrated at 162 Br and below, showing that buyers are still chasing dollars aggressively. 🔎 What’s driving it? Seasonal demand from the Ethiopian New Year may still be adding pressure. Leadership uncertainty at the National Bank after the recent resignation could also be influencing sentiment. Auction supply hasn’t fully matched demand, keeping the upward momentum intact.

📊 Market & Context – Sept 11 USD/ETB rate bounced to 161.55 Br (↑1.39%), recovering from below 160 Br earlier this week. Demand is heavy at 158–160 Br, while supply is thin above 163 Br. 🎉 Holiday Effect? Some of today’s movement may be linked to Ethiopian New Year demand. Around this time every year, USD demand rises for imports (holiday goods, electronics, gifts) and for remittances from abroad. That seasonal pressure could explain why the market rebounded quickly after dipping. 🏦 NBE Uncertainty At the same time, the FX market is watching leadership changes at the central bank. Governor Mamo Mihretu’s resignation still raises questions about future policy. With no successor officially named yet, traders may be factoring in policy uncertainty alongside the holiday demand surge. 🚧 Road to 200 Br With the rate now at 161.55 Br, the market is about 38.5 Br away from the symbolic 200 Br milestone. The pace at which demand keeps building—holiday or otherwise—will decide how fast we get there.

🇪🇹 FX MARKET & NBE NEWS – SEPT 6 1. Market Update The USD/ETB rate continues to cool, now trading at 158.98 Br/USD (–0.66%), reflecting a second consecutive day below 160 Br. Supply remains robust at 158–160 Br, while demand clusters at 155–157 Br. 2. NBE Governor Mamo Mihretu Steps Down On September 3, Mamo Mihretu resigned as Governor of the National Bank of Ethiopia, citing a desire to “pursue other passions and tackle new challenges.” Reuters Addis Insight Bloomberg.com His departure follows two and a half years of sweeping reform—float of the birr, banking liberalization, launch of Ethiopia’s first securities exchange, tripling of FX reserves, and sharp declines in inflation. Reuters Addis Insight Shega Wikipedia 3. Speculation: Did He Step Away to Avoid Future Blame? Officially, Mamo attributed his exit to personal reasons. Observers have since suggested possible undercurrents at play. Some analysts think he may have stepped down proactively—perhaps if future economic turbulence or shocks were anticipated, stepping aside could preserve a legacy. Others point to the structural fragility of reforms, the birr’s volatility, or IMF conditions as potential pressure points that could make leadership precarious. There are also emerging reports that he may be entering a role with the African Development Bank, offering a voluntary transition to a broader stage. Financial Afrik 4. What This Means for the Market The market has softened—for now. But confidence could shift quickly with leadership questions looming. Rate convergence below 160 Br shows temporary calmed pressure, yet demand remains persistent. Watch for NBE communication clarity and who succeeds Mamo—that will set the tone for reform continuity and investor confidence. ✨ Bottom Line Mamo Mihretu’s exit is officially framed as voluntary and visionary, following bold economic reforms. Yet rumors swirl—it could also reflect anticipation of future stress or political pressure. What matters now: the trajectory of Ethiopia’s FX, the continued resilience of his reform agenda, and whether the birr stabilizes—or re-accelerates toward 200 Br.

Mamo Mihretu, the top lieutenant responsible for executing Prime Minister Abiy Ahmed’s ambitious economic reforms since 2018, is stepping down from his role as governor of Ethiopia’s central bank. The Harvard graduate, who has led the National Bank of Ethiopia since 2023, has played a leading role in the reshaping of Ethiopia’s economy over the last seven years including roles as the country’s chief trade negotiator, with reforms including the opening up of the local banking and telecoms industries to foreign investors and competition. As central banker he is credited with getting through a crucial $3.4 billion IMF loan as the economy buckled under the debilitating aftermath of the two-year civil war in northern Ethiopia and chronic shortages of foreign currency. He also oversaw the floating of the birr currency in July 2024 telling Semafor at the time that it would have a “transformative” impact. “The timing of his departure is surprising,” said Amaha Bekele, a business consultant based in Addis Ababa, reflecting the feeling of economy watchers. Bekele said helped narrow the previously significant gap between the official and parallel exchange rates of the birr, which had caused economic disruptions in the market. Know More In a post on X, Mihretu said he was “proud” of the reforms under his watch and that the opening up of Ethiopia’s banking sector helped secure $10.5 billion in external financing. He was the the principal negotiator as Ethiopia joined the BRICS and was out in charge of his nations ambitious pursuit of membership to the World Trade Organization. Mihretu spent eight years with the World Bank before returning to his home country to throw himself into public service. Along the way he helped nurture a cohort of other Ethiopian returnees working on their country’s economic reform. They include Eyob Tekalegn, the junior finance minister, and Brook Taye, CEO of Ethiopia Investment Holdings, the country’s sovereign wealth fund, which Mihretu launched in December 2021. Step Back While Ethiopia’s reforms have been encouraged by the IMF, World Bank and other international institutions it has not always been smooth sailing and it has had its critics. Dalaya Ashenafi Esayiyas, an economic strategist with Initiative Africa, a think-tank group based in the capital, wrote on her LinkedIn page, Mamo’s IMF deal is “a smokescreen for a future deepened dependency and crippling debt”. “It represents an act of economic treason that prioritizes the interests of global finance over the well being of the Ethiopian people.”

📊🇪🇹 FX MARKET UPDATE – SEPT 4 The USD/ETB rate is trading at 159.63 Br, down –0.61% from yesterday. This marks the first dip below 160 since the summer spike. Key Drivers FX Supply Increase – Recent large NBE auctions and higher bank allocations have boosted formal supply, easing parallel rates. Demand Cooling – After strong pressure in July and early August (peaking at 174 Br), demand has slowed slightly, with more activity seen through banks. Structural Factors Remain – High transaction costs, liquidity challenges, and commissions continue to keep the parallel market active despite the current dip. Market Snapshot Supply: ~85K USD at 159–161 Br Demand: ~120K USD concentrated at 157–159 Br Outlook The move below 160 is notable, but current conditions suggest it is a temporary cooldown rather than a permanent correction. Unless supply remains consistently strong, demand pressures are likely to re-emerge.