Quarterly cost of sending 200 USD worth of remittances U.S. to Colombia 2011-2023
Remitting 200 USD from the United States to Colombia saw a cost increase of 0.7 percentage points between Q3 2022 and Q3 2023. This is according to an estimate that purely focuses on the remittances on this specific corridor. The cost of sending money to the Latin American country was at its highest in 2012, and generally declined since then. The United States ranked as the most likely country of origin of remittances towards Colombia, even though most sources calculate such figures based on migration figures.