SEND MONEY AFRICA

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Sending money from UNITED STATES to NIGERIA

Data collected on: Mar 27, 2018

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Money Transfer Operator Average
Fee
7.250.00
Exchange Rate Margin (%)
2.622.62
Total Cost Percent (%)
6.246.24
Total Cost (USD) Total Cost (USD)
12.490.00
Total Average Mar 2018
6.036.03
Total Average Dec 2017
6.226.22
Bank / Money Transfer Operator Average
Fee
4.990.00
Exchange Rate Margin (%)
1.831.83
Total Cost Percent (%)
4.334.33
Total Cost (USD) Total Cost (USD)
8.660.00
Total Average
Fee
7.000.00
Exchange Rate Margin (%)
2.532.53
Total Cost Percent (%)
6.036.03
Total Cost (USD) Total Cost (USD)
12.060.00
Total Average in Dec 2017
Fee
7.250.00
Exchange Rate Margin (%)
2.602.60
Total Cost Percent (%)
6.226.22
Total Cost (USD) Total Cost (USD)
12.440.00
Total Average Mar 2018
6.036.03
Total Average Dec 2017
6.226.22
Non-Transparent records
Bank account Card Cash Mobile On-line Prepaid card
Main city Major cities Nationwide Rural only Urban only
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Money Transfer Operator Average
Fee
9.140.00
Exchange Rate Margin (%)
2.202.20
Total Cost Percent (%)
4.034.03
Total Cost (USD) Total Cost (USD)
20.150.00
Total Average Mar 2018
4.014.01
Total Average Dec 2017
4.524.52
Bank / Money Transfer Operator Average
Fee
9.990.00
Exchange Rate Margin (%)
1.831.83
Total Cost Percent (%)
3.833.83
Total Cost (USD) Total Cost (USD)
19.150.00
Total Average
Fee
9.250.00
Exchange Rate Margin (%)
2.162.16
Total Cost Percent (%)
4.014.01
Total Cost (USD) Total Cost (USD)
20.030.00
Total Average in Dec 2017
Fee
9.620.00
Exchange Rate Margin (%)
2.602.60
Total Cost Percent (%)
4.524.52
Total Cost (USD) Total Cost (USD)
22.620.00
Total Average Mar 2018
4.014.01
Total Average Dec 2017
4.524.52
Non-Transparent records
Bank account Card Cash Mobile On-line Prepaid card
Main city Major cities Nationwide Rural only Urban only
Less than one hour Same day Next day 2 days 3-5 days 6 days or more