Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From KEKenya you can also send money to

Sending money from KENYA to RWANDA

Data collected on: Feb 03, 2020
KES | USD
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
1,257.0013.97
3.47
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.47
10.4510.45
1,881.0020.90
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Agent
Medium
2,700.0030.00
2.04
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.04
17.0417.04
3,067.2034.08
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
1,750.0019.44
4.89
Percentage difference between market reference rate 9.31 and exchange rate charged 8.85
4.89
14.6114.61
2,629.8029.22
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
30.000.33
4.84
Percentage difference between market reference rate 9.31 and exchange rate charged 8.86
4.84
5.005.00
900.0010.00
M-Pesa
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
100.001.11
3.05
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.05
3.613.61
649.807.22
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
1,320.0014.67
2.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.23
9.579.57
1,722.6019.14
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
400.004.44
16.73
Percentage difference between market reference rate 9.31 and exchange rate charged 7.75
16.73
18.9518.95
3,411.0037.90
Total Average First Quarter
11.3211.32
Total Average Fourth Quarter 2019
10.4510.45
Total Average
Fee
1,079.5712.00
Exchange Rate Margin (%)
5.325.32
Total Cost Percent (%)
11.3211.32
Total Cost (KES) Total Cost (USD)
2,037.3422.64
Non-Transparent records
Bank account transfer 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
Xpress Money
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
600.006.67
16.73
Percentage difference between market reference rate 9.31 and exchange rate charged 7.75
16.73
18.0618.06
8,127.0090.30
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
3,143.0034.92
3.47
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.47
10.4610.46
4,707.0052.30
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
High
Receiving method
Bank branch
Medium
2,150.0023.89
4.89
Percentage difference between market reference rate 9.31 and exchange rate charged 8.85
4.89
9.669.66
4,347.0048.30
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,640.0029.33
2.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.23
8.108.10
3,645.0040.50
Ecobank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Agent
Medium
2,700.0030.00
2.04
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.04
8.048.04
3,618.0040.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
30.000.33
4.84
Percentage difference between market reference rate 9.31 and exchange rate charged 8.86
4.84
4.904.90
2,205.0024.50
M-Pesa
Firm type: Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
High
110.001.22
3.05
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
3.05
3.303.30
1,485.0016.50
Total Average First Quarter
8.938.93
Total Average Fourth Quarter 2019
8.068.06
Total Average
Fee
1,624.7118.05
Exchange Rate Margin (%)
5.325.32
Total Cost Percent (%)
8.938.93
Total Cost (KES) Total Cost (USD)
4,019.1444.66
Non-Transparent records
Bank account transfer Debit/credit card Mobile money Cash
Less than one hour Same day Next day
Cash Mobile wallet