Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to SUDAN

Data collected on: Feb 20, 2024-Mar 11, 2024
AED | 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 (AED)Total cost (USD)
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
Agent
Sending network coverage
High
Receiving method
Agent
Low
15.754.29
27.71
Percentage difference between market reference rate 394.76 and exchange rate charged 285.36
27.71
29.8529.85
219.4059.70
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
15.754.29
0.83
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.83
2.972.97
21.835.94
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
26.257.14
26.70
Percentage difference between market reference rate 394.76 and exchange rate charged 289.35
26.70
30.2730.27
222.4860.54
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
26.257.14
27.71
Percentage difference between market reference rate 394.76 and exchange rate charged 285.37
27.71
31.2831.28
229.9162.56
Total Average First Quarter
23.5923.59
Total Average Fourth Quarter 2023
21.1221.12
Total Average
Fee
21.005.71
Exchange Rate Margin (%)
20.7420.74
Total Cost Percent (%)
23.5923.59
Total Cost (AED) Total Cost (USD)
173.4147.19
Non-Transparent records
Cash
Less than one hour
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
26.257.15
0.83
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.83
2.262.26
41.4711.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
15.754.29
27.71
Percentage difference between market reference rate 394.76 and exchange rate charged 285.36
27.71
28.5728.57
524.26142.85
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
26.257.15
26.70
Percentage difference between market reference rate 394.76 and exchange rate charged 289.35
26.70
28.1328.13
516.19140.65
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
26.257.15
27.71
Percentage difference between market reference rate 394.76 and exchange rate charged 285.37
27.71
29.1429.14
534.72145.70
Total Average First Quarter
22.0322.03
Total Average Fourth Quarter 2023
19.5719.57
Total Average
Fee
23.636.44
Exchange Rate Margin (%)
20.7420.74
Total Cost Percent (%)
22.0322.03
Total Cost (AED) Total Cost (USD)
404.16110.13
Non-Transparent records
Cash
Less than one hour
Cash