Cash, and a currency that may not cross the border
Cards barely work outside a few Addis hotels, ATMs run dry, the black market is a criminal offence, and 3,000 birr is the most you may carry across the border.
The birr
- You may not enter or leave Ethiopia with more than 3,000 birr. In practice that is enough for a taxi and a meal, so plan to arrive with foreign cash and change it here.
- Changing money on the black market is illegal and carries heavy penalties. The rate you are offered on the street is a criminal offence with a discount attached.
Cards, barely
- Credit cards are not widely accepted, except at large hotels, travel agencies and a handful of shops and restaurants in Addis Ababa.
- Outside the capital, assume cash.
ATMs
- ATMs are very limited outside urban areas and can run out of cash without notice.
- Carry hard currency as a backstop. Canada's advice is explicit: make sure you have access to hard-currency cash in case of emergency.
- Draw cash in Addis before flying domestic. A regional town on a Sunday is not where you want to discover the machine is empty.
Taking money out
- Above USD 10,000 you need either a bank certificate for the currency purchase or the entry declaration form.
- Even with the documents, the excess can be confiscated. Regulations here change without notice, which the advisories say in as many words.
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