Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From NGNigeria you can also send money to

Sending money from NIGERIA to BENIN

Data collected on: May 03, 2018
NGN | USD
Payment instrument
Access point
Sending network coverage
Receiving method
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
3,990.0019.95
1.32
1.32
11.2911.29
4,516.0022.58
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5,775.0028.88
1.32
1.32
15.7515.75
6,300.0031.50
Total Average Second Quarter
13.5213.52
Total Average First Quarter
12.1812.18
Total Average
Fee
4,882.5024.41
Exchange Rate Margin (%)
1.321.32
Total Cost Percent (%)
13.5213.52
Total Cost (NGN) Total Cost (USD)
5,408.0027.04
Non-Transparent records
Cash
Less than one hour
Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
5,775.0028.88
1.32
1.32
7.097.09
7,090.0035.45
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
7,140.0035.70
1.32
1.32
8.468.46
8,460.0042.30
Total Average Second Quarter
7.787.78
Total Average First Quarter
6.436.43
Total Average
Fee
6,457.5032.29
Exchange Rate Margin (%)
1.321.32
Total Cost Percent (%)
7.787.78
Total Cost (NGN) Total Cost (USD)
7,775.0038.88
Non-Transparent records
Cash
Less than one hour
Cash
Least Costly Corridors To Benin
Least Costly Corridors From Nigeria