Weekly recaps·3 min read

Weekly rate recap #27: Jun 26 – Jul 2, 2026

Weekly mid-market recap for USD → KES, GBP → NGN, EUR → GHS, USD → NGN, USD → UGX. GBP → NGN was the mover of the week, climbing +0.9% against last week's average, and Monday was the best day to send. Sending $500 on the USD → KES corridor, the gap between the best and lowest provider was 550 KES (about $4) this week.

R
RemitBeat Research
July 4, 2026
📈

The week in one paragraph: GBP → NGN was the mover of the week, climbing +0.9% against last week's average, and Monday was the best day to send. Sending $500 on the USD → KES corridor, the gap between the best and lowest provider was 550 KES (about $4) this week. All figures below are weekly averages of the mid-market rate, sampled every 30 minutes; what you receive varies by provider, payout method and promotions.

This week's corridors at a glance

CorridorWeekly avg (mid-market)vs last weekBest value
USD → KES129.5— 0.0%WorldRemit
GBP → NGN1,805▲ 0.9%NALA
EUR → GHS12.87— 0.1%NALA
USD → NGN1,375▲ 0.7%NALA
USD → UGX3,657▲ 0.3%NALA
Averages of daily mid-market closes, Jun 26 – Jul 2, 2026. Best value = highest average amount received on a $500 transfer after fees, on each destination's default payout rail.

Live comparisons for each corridor: USD → KES, GBP → NGN, EUR → GHS, USD → NGN, USD → UGX.

$500 spotlight: USD → KES (Kenya)

Best value this week was WorldRemit: $500 arrived as 64,200 KES (effective rate 128.4, fees included, no fee). The lowest of the ranked providers, Wise, delivered 63,650 KES (effective rate 127.3, $8.31 fee). The difference: 550 KES, about $4 lost to the wrong pick. The week's best mid-market day was Friday, Jun 26; the intra-week swing was 0.2% (low 129.3, high 129.5).

Live USDKES comparison · sending $500 · ranked by how much actually arrives

Mobile money payouts

Most used in Kenya

Pay out to mobile wallets in Kenya, usually within minutes.

7 providers
Provider
Rate
Fee
True cost
You receive
WorldRemitBest value
Mobile money · Within 5 minutes
128.39
Free
$3.34 (0.67%)
64,195.50 KES
WorldRemitBest valueMobile money · Within 5 minutes
Recipient gets
64,195.50KES
Rate128.39
FeeFree
True cost$3.34 (0.67%)
NALA
M-Pesa · In minutes
128.27
Free
$3.81 (0.76%)
64,134.54 KES
NALAM-Pesa · In minutes
Recipient gets
64,134.54KES
Rate128.27
FeeFree
True cost$3.81 (0.76%)
Sendwave
M-Pesa · In minutes
128.35
$0.49
$3.97 (0.79%)
64,113.23 KES
SendwaveM-Pesa · In minutes
Recipient gets
64,113.23KES
Rate128.35
Fee$0.49
True cost$3.97 (0.79%)
Boss Money
M-Pesa · In minutes
127.47
Free
$6.90 (1.38%)
63,734.10 KES
Boss MoneyM-Pesa · In minutes
Recipient gets
63,734.10KES
Rate127.47
FeeFree
True cost$6.90 (1.38%)
Remitly
M-Pesa · In minutes
127.39
Free
$7.21 (1.44%)
63,695.00 KES
RemitlyM-Pesa · In minutes
Recipient gets
63,695.00KES
Rate127.39
FeeFree
True cost$7.21 (1.44%)
Western Union
M-Pesa · In minutes
127.45
$0.99
$7.96 (1.59%)
63,598.97 KES
Western UnionM-Pesa · In minutes
Recipient gets
63,598.97KES
Rate127.45
Fee$0.99
True cost$7.96 (1.59%)
Wise
Bank deposit · by Monday
129.30
$8.31
$8.31 (1.63%)
63,575.52 KES
WiseBank deposit · by Monday
Recipient gets
63,575.52KES
Rate129.30
Fee$8.31
True cost$8.31 (1.63%)

First-transfer bonuses

New customers

Promotional first-transfer rates, for new customers only.

4 providers
Provider
Rate
Fee
True cost
You receive
Boss MoneyTop bonus
M-Pesa · In minutes
131.67
Free
Beats mid
65,832.70 KES
Boss MoneyTop bonusM-Pesa · In minutes
Recipient gets
65,832.70KES
Rate131.67
FeeFree
True costBeats mid
Remitly
M-Pesa · In minutes
131.53
Free
Beats mid
65,765.00 KES
RemitlyM-Pesa · In minutes
Recipient gets
65,765.00KES
Rate131.53
FeeFree
True costBeats mid
WorldRemit
Mobile money · Within 5 minutes
130.97
Free
Beats mid
65,486.90 KES
WorldRemitMobile money · Within 5 minutes
Recipient gets
65,486.90KES
Rate130.97
FeeFree
True costBeats mid
Sendwave
M-Pesa · In minutes
129.00
$0.49
$1.48 (0.30%)
64,435.77 KES
SendwaveM-Pesa · In minutes
Recipient gets
64,435.77KES
Rate129.00
Fee$0.49
True cost$1.48 (0.30%)

Bank payouts

Direct deposit to a bank account in Kenya.

2 providers
Provider
Rate
Fee
True cost
You receive
InstaremBest rate
M-Pesa · Varies
128.30
Free
$3.70 (0.74%)
64,147.80 KES
InstaremBest rateM-Pesa · Varies
Recipient gets
64,147.80KES
Rate128.30
FeeFree
True cost$3.70 (0.74%)
Xoom
M-Pesa · Varies
124.25
$2.99
$22.33 (4.47%)
61,755.33 KES
XoomM-Pesa · Varies
Recipient gets
61,755.33KES
Rate124.25
Fee$2.99
True cost$22.33 (4.47%)
Mid-market rate 129.2531 KES per USD. Live rates, updated Jul 4, 2026, 8:00 AM UTC — refreshed automatically. Live comparison, refreshed every 30 minutes. Numbers above are this week's averages and will differ from the live quotes. Open the full comparison →

Provider leaderboard: USD → KES

ProviderRateFeeYou get ($500)vs best
WorldRemit (best value)128.6$064,281
NALA128.4$064,217−64
Sendwave128.5$0.4964,193−89
Remitly127.6$063,785−496
BossMoney127.5$063,734−547
W. Union127.6$0.9963,680−601
Wise (best rate)129.4$8.3163,625−657
Quotes from Wednesday, Jul 1, ranked on weekly value. M-Pesa payout.

How we measure

Rates are sampled every 30 minutes from live provider quotes and benchmarked against the mid-market rate. Providers are ranked by the amount that actually arrives after fees, not the headline rate. Full details on our methodology page. This recap is informational only, not financial advice; compare live before you send.

• • •
R

RemitBeat Research

Our research team analyzes remittance market data, provider behavior, and rate movements across the African corridors. We publish weekly insights to help the diaspora send more money home. Got a topic you'd like us to dig into? Send us a note.

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Frequently asked questions

What was the best way to send $500 to Kenya this week?+
WorldRemit delivered the most on average: 64,200 KES on a $500 transfer (effective rate 128.4 with fees included, no fee), based on quotes sampled every 30 minutes across the week.
Which corridor moved the most this week?+
GBP → NGN: +0.9% versus the prior week's average. Monday was the strongest day to send on that corridor.