Remittance Prices Worldwide · 2011–2025
Every year, migrants send hundreds of billions of dollars to family abroad — and lose a slice of every transfer to fees and exchange-rate margins. The World Bank has been pricing these transfers since 2011, across what now amounts to 378 country-to-country corridors. Pick a route below and see what the toll actually is — and how it stacks up against the UN's promise to cut it to 3%.
AI disclosure: This project was conceptualized and built with AI assistance (Muse). Athena Anthea set the direction and made the final decisions; research judgment and technical execution were shared with an AI.
Choose where the money leaves and where it lands. The chart shows the average total cost of sending the equivalent of $200 — transfer fee plus exchange-rate margin — tracked since 2011.
Average cost per corridor in the most recent quarter (Q1 2025), across the 348 corridors with current data. Tap any route to load it in the explorer above.
Where a $200 transfer loses the most
Where sending is cheapest — sometimes better than free
A handful of corridors — notably from Gulf states into Sudan — price below zero. That doesn't mean providers pay you. It means the exchange rate used on the street beats the official rate the World Bank benchmarks against, so the person receiving the money can end up with more than the official value of what was sent. It's a fingerprint of parallel currency markets in countries whose official exchange rate has drifted far from reality.
Sending from Turkey to Bulgaria averaged 104.33% in Q1 2025 — the fee structure on that thin, bank-only corridor can exceed the amount a small transfer is worth once fixed correspondent-banking charges land on a $200 send. It's left in the data, flagged, and the chart caps its axis rather than letting one corridor flatten all the others.
Each figure is the total cost — the upfront fee plus the margin hidden in the exchange rate — averaged across every bank, money-transfer operator, and mobile-money service the World Bank surveyed in that corridor that quarter, for a $200-equivalent send. Cash pickup, bank deposit, and mobile wallet services are all in the mix.
Sustainable Development Goal 10.c commits countries to cut remittance transaction costs below 3% by 2030 and eliminate corridors above 5%. At the current global average of 6.86%, the gap between reality and that pledge is worth billions of dollars a year to the families on the receiving end — money that currently stops at the intermediary instead.