Quarterly cost of sending 200 USD worth of remittances towards Brazil 2011-2023
Remitting towards Brazil incurred an average cost of roughly 5.9 percent over the course of 2023, a decrease when compared to the previous year. The cost of sending money to the Latin American country was at its highest in 2013, and generally declined since. The source adds that incoming remittances to Brazil were more expensive than the average for the G20 countries, which was estimated at 5.62 percent for sending money worth 200 U.S. dollars.