Receiving country · World Bank RPW · NI
Send money to Nicaragua
Nicaragua receives from 2 tracked corridors at an average inbound cost of 5.5% on World Bank RPW $200 sends.
- 5.5%
- Avg inbound cost
- 1.9%
- Cheapest · from United States
- 2
- Source corridors
Inbound-cost tercile vs fleet
Nicaragua posts a mid-tercile 5.5% average inbound cost (~5.3-7.8% fleet band) across 2 source corridors. Cheapest tracked floor: 1.9% from United States.
- #44 of 110
- cost corpus rank (cheapest=#1)
- 5.5%
- average inbound cost
- 1.9%
- cheapest source: United States
- 2
- source corridors tracked
Inbound cost bands to Nicaragua
2 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 2.
HIGH High-fee 5–8% lane · country average 5.5%
Cheapest Ways to Send Money to Nicaragua
All Corridors to Nicaragua
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | United States | 4.1% | 1.9% | Ria |
| 2 | Costa Rica | 6.9% | 2.8% | MoneyGram |
Mid-band inbound cost into Nicaragua
The World Bank Remittance Prices Worldwide database tracks 2 inbound corridors into Nicaragua, with an average transfer cost of 5.50% across the full panel.
The three cheapest inbound corridors to Nicaragua right now are from United States at 1.95% via Ria, Costa Rica at 2.75% via MoneyGram. These are floor prices on a $200 transfer into Nicaragua, fee plus FX margin.
For senders pointing money toward Nicaragua, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Nicaragua inbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 5.50%; 2 source corridors tracked to Nicaragua; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Nicaragua each year?
Nicaragua has no positive WDI total_inflow in this build; RPW still quotes 2 inbound corridors at 5.50% average cost.
What is the cheapest way to receive money in Nicaragua?
On World Bank RPW $200 sends, the cheapest inbound floors into Nicaragua are from United States, Costa Rica, as low as 1.95%. Country average inbound cost is 5.50%.
How have remittance costs to Nicaragua changed over time?
RPW has tracked transfer costs to Nicaragua since 2011. The current average inbound cost is 5.50% versus a ~6.4% global RPW average; UN SDG 10.c targets ≤3% by 2030.
Where does Nicaragua sit among remittance-receiving countries?
Among 110 tracked receiving countries on PlainRemit with World Bank RPW cost data, Nicaragua ranks #44 of 110 by average inbound transfer cost (cheapest = #1). /send-to browses alphabetically; this cost ordinal is the analytical placement basis.