Average cost of sending remittances from Africa 2011-2021
As of 2021, sending remittances of a value of 200 U.S. dollars from a country in Africa incurred average costs amounting to 11.2 percent of the amount sent. Within the period reviewed, the highest and lowest costs were registered in 2011 and 2021, when, respectively, 9.2 percent and 6.3 percent of the transferred sum was charged.