Remitting 200 USD from the United States to Mexico saw a cost increase of 0.22 percentage points between Q1 2023 and Q1 2024. This is according to an estimate that purely focuses on the remittances on this specific corridor. The cost of sending money to the North American country was at its highest in 2012, and generally declined since then.
Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024
Characteristic
Costs of sending 200 U.S. dollars to this country, as proportion of remittance value received
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FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide). (July 6, 2024). Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1473697/cost-sending-low-value-remittances-usa-to-mexico/
FXC Intelligence, und Statista, und World Bank (Remittance Prices Worldwide). "Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024." Chart. July 6, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1473697/cost-sending-low-value-remittances-usa-to-mexico/
FXC Intelligence, Statista, World Bank (Remittance Prices Worldwide). (2024). Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1473697/cost-sending-low-value-remittances-usa-to-mexico/
FXC Intelligence, and Statista, and World Bank (Remittance Prices Worldwide). "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances between The United States and Mexico from 1st Quarter of 2011 to 1st Quarter of 2024." Statista, Statista Inc., 6 Jul 2024, https://www.statista.com/statistics/1473697/cost-sending-low-value-remittances-usa-to-mexico/
FXC Intelligence & Statista & World Bank (Remittance Prices Worldwide), Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024 Statista, https://www.statista.com/statistics/1473697/cost-sending-low-value-remittances-usa-to-mexico/ (last visited November 21, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024 [Graph], FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide), July 6, 2024. [Online]. Available: https://www.statista.com/statistics/1473697/cost-sending-low-value-remittances-usa-to-mexico/
