Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from QATAR to SUDAN

Data collected on: Feb 20, 2024-Feb 21, 2024
QAR | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (QAR)sort ascendingTotal cost (USD)sort ascending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
20.005.48
30.27
Percentage difference between market reference rate 397.61 and exchange rate charged 277.26
30.27
33.0133.01
240.9766.02
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
25.006.85
17.70
Percentage difference between market reference rate 397.61 and exchange rate charged 327.23
17.70
21.1221.12
154.1842.24
Total Average First Quarter
27.0727.07
Total Average Fourth Quarter 2023
21.3221.32
Total Average
Fee
22.506.16
Exchange Rate Margin (%)
23.9923.99
Total Cost Percent (%)
27.0727.07
Total Cost (QAR) Total Cost (USD)
197.5854.13
Non-Transparent records
Debit card Cash
Less than one hour
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
25.006.87
17.70
Percentage difference between market reference rate 397.61 and exchange rate charged 327.23
17.70
19.0719.07
347.0795.35
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Low
20.005.49
30.27
Percentage difference between market reference rate 397.61 and exchange rate charged 277.26
30.27
31.3731.37
570.93156.85
Total Average First Quarter
25.2225.22
Total Average Fourth Quarter 2023
19.4119.41
Total Average
Fee
22.506.18
Exchange Rate Margin (%)
23.9923.99
Total Cost Percent (%)
25.2225.22
Total Cost (QAR) Total Cost (USD)
459.00126.10
Non-Transparent records
Debit card Cash
Less than one hour
Cash