Quarterly cost of sending 200 USD worth of remittances towards Mexico 2011-2023
Remitting towards Mexico incurred an average cost of roughly 4.6 percent over the course of 2023, an increase when compared to the previous year. The cost of sending money to the country was at its highest in 2012, and generally declined before increasing in the middle of 2018. The source adds that incoming remittances to Mexico was cheaper than the average for the G20 countries, which was estimated at 5.62 percent for sending money worth 200 U.S. dollars.
