Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SNSenegal you can also send money to
Transfer money

Sending money from SENEGAL to MALI

Data collected on: Nov 20, 2023
XOF | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (XOF)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
Orange Money
Firm type: Mobile Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,395.003.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.501.50
Total cost (XOF)sort descendingTotal cost (USD)sort descending
1,395.003.00
Total Average Fourth Quarter 2023
1.501.50
Total Average Third Quarter 2023
1.381.38
Total Average
Fee
1,395.003.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
1.501.50
Total Cost (XOF) Total Cost (USD)
1,395.003.00
Non-Transparent records
Mobile money
Less than one hour
Mobile wallet
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (XOF)sort descendingTotal cost (USD)sort descending
Firm
Orange Money
Firm type: Mobile Operator
 
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3,450.007.50
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.501.50
Total cost (XOF)sort descendingTotal cost (USD)sort descending
3,450.007.50
Total Average Fourth Quarter 2023
1.501.50
Total Average Third Quarter 2023
1.011.01
Total Average
Fee
3,450.007.50
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
1.501.50
Total Cost (XOF) Total Cost (USD)
3,450.007.50
Non-Transparent records
Mobile money
Less than one hour
Mobile wallet
Least Costly Corridors To Mali
Least Costly Corridors From Senegal
      © 2023 The World Bank Group, All Rights Reserved