Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KEKenya you can also send money to

Sending money from KENYA to RWANDA

Data collected on: May 06, 2019
KES | USD
Payment instrument
Access point
Sending network coverage
Receiving method
M-Pesa
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
100.001.11
4.01
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.01
4.564.56
820.809.12
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
95.001.06
5.13
Percentage difference between market reference rate 8.95 and exchange rate charged 8.49
5.13
5.665.66
1,018.8011.32
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
1,257.0013.97
2.97
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.97
9.969.96
1,792.8019.92
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,320.0014.67
4.64
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.64
11.9711.97
2,154.6023.94
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Agent
Medium
2,700.0030.00
2.97
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.97
17.9717.97
3,234.6035.94
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
60.000.67
18.08
Percentage difference between market reference rate 8.95 and exchange rate charged 7.33
18.08
18.4218.42
3,315.6036.84
Total Average Second Quarter
11.4211.42
Total Average First Quarter
10.3510.35
Total Average
Fee
922.0010.24
Exchange Rate Margin (%)
6.306.30
Total Cost Percent (%)
11.4211.42
Total Cost (KES) Total Cost (USD)
2,056.2022.85
Non-Transparent records
Debit/credit card Mobile money Cash
Less than one hour Same day Next day
Cash Mobile wallet
Payment instrument
Access point
Sending network coverage
Receiving method
M-Pesa
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
110.001.22
4.01
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.01
4.254.25
1,912.5021.25
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
675.007.50
5.13
Percentage difference between market reference rate 8.95 and exchange rate charged 8.49
5.13
6.636.63
2,983.5033.15
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Agent
Medium
2,700.0030.00
2.97
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.97
8.978.97
4,036.5044.85
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
3,143.0034.92
2.97
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.97
9.969.96
4,482.0049.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,640.0029.33
4.64
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
4.64
10.5110.51
4,729.5052.55
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
600.006.67
18.08
Percentage difference between market reference rate 8.95 and exchange rate charged 7.33
18.08
19.4219.42
8,739.0097.10
Total Average Second Quarter
9.969.96
Total Average First Quarter
8.138.13
Total Average
Fee
1,644.6718.27
Exchange Rate Margin (%)
6.306.30
Total Cost Percent (%)
9.969.96
Total Cost (KES) Total Cost (USD)
4,480.5049.78
Non-Transparent records
Debit/credit card Mobile money Cash
Less than one hour Same day Next day
Cash Mobile wallet