Silver Rate in Ethiopia

Ethiopia Silver Rate Today

Silver Rate in Ethiopia per Gram

ETB 22.92 | INR 67.28

Silver Rate in Ethiopia per Tola

ETB 267.36 | INR 784.71

Silver Rate in Ethiopia per Ounce

ETB 712.97 | INR 2,092.57

Silver Rate in Ethiopia per Kg

ETB 22,922.48 | INR 67,277.66

Silver Rate in Ethiopia

Last updated on Jun 23, 2024

Quantity Ethiopian Birr Rupees Dollar
1 Gram ETB 22.92 INR 67.28 USD 0.98
1 Tola ETB 267.36 INR 784.71 USD 11.41
10 Grams ETB 229.22 INR 672.78 USD 9.78
1 Sovereign ETB 183.38 INR 538.22 USD 7.83
10 Tolas ETB 2,673.63 INR 7,847.13 USD 114.11
1 Ounce ETB 712.97 INR 2,092.57 USD 30.43
1 Kilogram ETB 22,922.48 INR 67,277.66 USD 978.35

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Silver Price in Ethiopia

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Check today's silver rate in Ethiopia per gram, silver rate per tola today in Ethiopia, todays silver rate per 10 grams in Ethiopia and today silver price per kilogram in Ethiopia. Also find silver rate history in Ethiopia, historical silver rate chart in Ethiopia.

Ethiopia Silver Rate History

Date 1 Gram 1 Tola 1 Ounce 1 Kilo
Jun 23, 2024 ETB 22.92 ETB 267.36 ETB 712.97 ETB 22,922.48
Jun 23, 2024 ETB 22.92 ETB 267.36 ETB 712.97 ETB 22,922.48
Jun 22, 2024 ETB 22.92 ETB 267.36 ETB 712.97 ETB 22,922.48
Jun 22, 2024 ETB 22.92 ETB 267.36 ETB 712.97 ETB 22,922.48
Jun 21, 2024 ETB 22.92 ETB 267.36 ETB 712.97 ETB 22,922.48
Jun 21, 2024 ETB 22.92 ETB 267.36 ETB 712.97 ETB 22,922.48
Jun 20, 2024 ETB 22.77 ETB 265.61 ETB 708.28 ETB 22,771.82
Jun 20, 2024 ETB 22.77 ETB 265.61 ETB 708.28 ETB 22,771.82
Jun 19, 2024 ETB 22.21 ETB 259.02 ETB 690.71 ETB 22,206.86
Jun 19, 2024 ETB 22.21 ETB 259.02 ETB 690.71 ETB 22,206.86
Jun 18, 2024 ETB 21.94 ETB 255.94 ETB 682.51 ETB 21,943.21
Jun 18, 2024 ETB 21.94 ETB 255.94 ETB 682.51 ETB 21,943.21
Jun 17, 2024 ETB 22.03 ETB 256.91 ETB 685.09 ETB 22,026.07
Jun 17, 2024 ETB 22.03 ETB 256.91 ETB 685.09 ETB 22,026.07
Jun 16, 2024 ETB 22.00 ETB 256.64 ETB 684.38 ETB 22,003.47
Jun 16, 2024 ETB 22.00 ETB 256.64 ETB 684.38 ETB 22,003.47
Jun 15, 2024 ETB 22.00 ETB 256.64 ETB 684.38 ETB 22,003.47
Jun 15, 2024 ETB 22.00 ETB 256.64 ETB 684.38 ETB 22,003.47
Jun 14, 2024 ETB 22.00 ETB 256.64 ETB 684.38 ETB 22,003.47
Jun 14, 2024 ETB 22.00 ETB 256.64 ETB 684.38 ETB 22,003.47
Jun 13, 2024 ETB 22.03 ETB 256.91 ETB 685.09 ETB 22,026.07
Jun 13, 2024 ETB 22.03 ETB 256.91 ETB 685.09 ETB 22,026.07
Jun 12, 2024 ETB 22.13 ETB 258.14 ETB 688.37 ETB 22,131.53
Jun 12, 2024 ETB 22.13 ETB 258.14 ETB 688.37 ETB 22,131.53
Jun 11, 2024 ETB 22.03 ETB 257.00 ETB 685.32 ETB 22,033.60
Jun 11, 2024 ETB 22.03 ETB 257.00 ETB 685.32 ETB 22,033.60
Jun 10, 2024 ETB 22.36 ETB 260.77 ETB 695.40 ETB 22,357.52
Jun 10, 2024 ETB 22.36 ETB 260.77 ETB 695.40 ETB 22,357.52
Jun 09, 2024 ETB 22.79 ETB 265.87 ETB 708.99 ETB 22,794.42
Jun 09, 2024 ETB 22.79 ETB 265.87 ETB 708.99 ETB 22,794.42
Jun 08, 2024 ETB 22.79 ETB 265.87 ETB 708.99 ETB 22,794.42

Frequently Asked Questions

What is the price of silver in Ethiopia today?

Today, the silver price per gram in Ethiopia is ETB 22.92, today's silver price per tola in Ethiopia is ETB 267.36, silver price per ounce today in Ethiopia is ETB 712.97, today's silver price per kilogram in Ethiopia is ETB 22,922.48. Today, the silver price per 10 grams in Ethiopia is ETB 229.22, today's silver price per sovereign in Ethiopia is ETB 183.38, silver price per ten tola today in Ethiopia is ETB 2,673.63 and today's silver price per pavan in Ethiopia is ETB 183.38.

What was the price of silver in Ethiopia yesterday?

Yesterday, the silver price per gram in Ethiopia was ETB 22.92, yesterday's silver price per tola in Ethiopia was ETB 267.36, silver price per ounce yesterday in Ethiopia was ETB 712.97, yesterday's silver price per kilogram in Ethiopia was ETB 22,922.48. Yesterday, the silver price per 10 grams in Ethiopia was ETB 229.22, yesterday's silver price per sovereign in Ethiopia was ETB 183.38, silver price per ten tola yesterday in Ethiopia was ETB 2,673.63 and yesterday's silver price per pavan in Ethiopia was ETB 183.38.

What is the silver rate in Ethiopia in Indian Rupees?

Silver rate per kilogram in Ethiopia in Indian Rupees is INR 67,277.66 and silver price per gram in Ethiopia in Indian Rupees is INR 67.28. Standard silver rate in Ethiopia per ounce is 2,092.57 Indian Rupees and the silver price per tola in Ethiopia is 784.71 Indian Rupees.

What is the price of silver bars, biscuits and coins in Ethiopia?

1 kg pure silver bar price in Ethiopia is 22,922.48 Birr and 10 tola pure silver biscuit rate in Ethiopia is 2,673.63 Birr. 1 oz silver bar price in Ethiopia is 712.97 Birr and 1 sovereign silver coin rate in Ethiopia is 183.38 Birr. Silver bars per ten tola in Ethiopia is ETB 2,673.63 and silver biscuits per pavan in Ethiopia is ETB 183.38. Silver coins per 10 grams in Ethiopia is ETB 229.22.

What was the highest and lowest silver rate in Ethiopia?

In last 1 year, the highest silver rate was recorded on 29-May-2024, which was as high as ETB 24,112.67 per kilogram and the lowest silver rate was recorded on 03-Oct-2023, which was as low as ETB 15,860.43 per kilogram. Silver price in last one year fell as low as ETB 15.86 on 03-Oct-2023 per gram and the silver rate rose as high as ETB 24.11 on 29-May-2024 per gram.

How is silver measured in Ethiopia?

Jewellery shops across Ethiopia buy and sell silver in grams, tolas, sovereigns, pavans, ounces and kilograms. 1 gram of silver is equal to 1000 milligrams. 1 tola of silver is equal to 11.6638038 grams, 1 sovereign of silver is equal to 8 grams, 1 pavan of silver is equal to 8 grams, 1 ounce of silver is equal to 31.1034768 grams, 1 kg of silver is equal to 1000 grams. Silver bars are sold in kilos. Silver biscuits are sold in ounces. Silver coins are sold in grams, tolas, sovereigns or pavans.

What are the different gold hallmarks in Ethiopia?

List of Ethiopia gold hallmarks are 375 hallmark gold (9 karat gold), 585 hallmark gold (14 karat gold), 750 hallmark gold (18 karat gold), 875 hallmark gold (21 karat gold), 916 hallmark gold (22 karat gold), 958 hallmark gold (23 karat gold) and 999 hallmark gold (24 karat gold).

What are the different carats in gold across Ethiopia?

Gold Carat (CT) or Karat (KT or K) is used to represent fineness of gold present in jewellery. The different carats of gold jewellery sold in Ethiopia are 24 carat gold (pure gold), 23 carat gold, 22 carat gold (standard gold), 21 carat gold, 20 carat gold, 19 carat gold, 18 carat gold, 17 carat gold, 16 carat gold, 15 carat gold, 14 carat gold, 13 carat gold, 12 carat gold, 11 carat gold, 10 carat gold, 9 carat gold and 8 carat gold.

What are the different gold colours in Ethiopia?

Gold jewellery in Ethiopia is available in different colours. Yellow Gold colour is the most popular colour used in jewelry showrooms across Ethiopia. White Gold color is also commonly used in Ethiopia jewellery stores. Rose Gold colour is also used in jewellery and Green Gold colour is also available in jewellery shops in Ethiopia.

How to invest in gold in Ethiopia?

Since your Birr is going to fall in value, Gold is the best place to preserve value. The best forms for gold ownership are through minted coins: one-ounce South African Krugerrands, Canadian Maple Leafs, or American Eagles. The recent explosion in Exchange Traded Funds (ETFs) presents an even more interesting way to invest in gold. An ETF is a type of mutual fund that trades on a stock exchange like an ordinary stock. The ETF’s exact portfolio is fixed in advance and does not change. For people who are hesitant to invest in physical gold, but still desire some exposure to the precious metal, Gold Mutual Funds provide a helpful alternative.

For the more sophisticated and experienced investor, Options allow you to speculate in gold prices. But in the options market, you can speculate on price movements in either direction. If you buy a call, you are hoping prices will rise. A call fixes the purchase price so the higher that price goes, the greater the margin between your fixed option price and current market price. When you buy a put, you expect the price to fall. Buying options is risky, and more people lose than win. In fact, about three-fourths of all options bought expire worthless. The options market is complex and requires experience and understanding. To generalize, options possess two key traits-one bad and one good. The good trait is that they enable an investor to control a large investment with a small and limited amount of money. The bad trait is that options expire within a fixed period of time. Thus, for the buyer time is the enemy because as the expiration date gets closer, an option’s “time value” disappears. Anyone investing in options needs to understand all of the risks before they spend money. The Futures market is far too complex for the vast majority of investors. Even experienced options investors recognize the high risk nature of the futures market. Considering the range of ways to get into the gold market, futures trading is the most complex and, while big fortunes could be made, they can also be lost in an instant.


Highest Last 30 Days

Weight Date Cost
Silver / 1g 29-May-2024 ETB 24.11
Silver / 10g 29-May-2024 ETB 241.13
Silver / 1oz 29-May-2024 ETB 749.99
Silver / 1kg 29-May-2024 ETB 24,112.67

Lowest Last 30 Days

Weight Date Cost
Silver / 1g 18-Jun-2024 ETB 21.94
Silver / 10g 18-Jun-2024 ETB 219.43
Silver / 1oz 18-Jun-2024 ETB 682.51
Silver / 1kg 18-Jun-2024 ETB 21,943.21

Disclaimer

Golden Chennai provides silver price in Ethiopia obtained from sources believed to be reliable, but we do not guarantee their accuracy. Our silver rate data are provided without warranty or claim of reliability. It is accepted by the site visitor on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. References made to third parties are based on information obtained from sources believed to be reliable but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment.