Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to SUDAN

Data collected on: Aug 21, 2023-Aug 27, 2023
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.
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
26.257.14
12.21
Percentage difference between market reference rate 192.00 and exchange rate charged 168.56
12.21
15.7815.78
115.9831.56
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
26.257.14
13.59
Percentage difference between market reference rate 192.00 and exchange rate charged 165.91
13.59
17.1617.16
126.1334.32
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
27.257.41
12.35
Percentage difference between market reference rate 192.00 and exchange rate charged 168.29
12.35
16.0616.06
118.0432.12
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
Total Average Third Quarter 2023
12.9912.99
Total Average Second Quarter 2023
9.979.97
Total Average
Fee
23.886.50
Exchange Rate Margin (%)
9.759.75
Total Cost Percent (%)
12.9912.99
Total Cost (AED) Total Cost (USD)
95.5025.99
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
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
26.257.15
12.21
Percentage difference between market reference rate 192.00 and exchange rate charged 168.56
12.21
13.6413.64
250.2968.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
27.257.43
12.35
Percentage difference between market reference rate 192.00 and exchange rate charged 168.29
12.35
13.8413.84
253.9669.20
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Low
26.257.15
13.59
Percentage difference between market reference rate 192.00 and exchange rate charged 165.91
13.59
15.0215.02
275.6275.10
Total Average Third Quarter 2023
11.1911.19
Total Average Second Quarter 2023
8.178.17
Total Average
Fee
26.507.22
Exchange Rate Margin (%)
9.759.75
Total Cost Percent (%)
11.1911.19
Total Cost (AED) Total Cost (USD)
205.3455.95
Non-Transparent records
Cash
Less than one hour
Cash