Average cost of receiving remittances in Africa 2011-2021
sending remittances from Africa was lower as of 2021.
In 2021, receiving remittances of a value of 200 U.S. dollars in African countries incurred costs amounting to 9.4 percent of the amount. Within the period reviewed, the highest cost was registered in 2012, when 12.3 percent of the transferred sum was charged. By comparison, the average cost of