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FX live, 150 of 153 currencies refreshed 27 Sept 2026 from open.er-api.com (exchangerate-api.com). The remainder use a seeded reference rate.
Wave · launched 2018
Senegalese mobile money operator that entered the market at a flat 1% and forced incumbents to cut tariffs across Francophone West Africa. Free deposits and withdrawals; the 1% applies to sends.
A scheme- or regulator-set rate, or a widely reported figure. Source: Wave's widely publicised flat 1% send fee.
In force since 1 Jul 2025
1% effective
−10.8% relative · from 1.12%
−19.6% relative · 3 revisions
Online · percentage component
Rates are step functions: each level holds until it is replaced.
Every recorded change, newest first, with the movement from the rate it replaced.
1 Jul 2025 → current
28 Aug 2022 → 1 Jul 2025
1 Jan 2019 → 28 Aug 2022
Online pricing across every country where this method is available, with the cost on a F CFA 100 payment for comparison.
| Market | Listed fee | Cost on 100 | Effective | Since | Basis |
|---|---|---|---|---|---|
| Burkina Faso | 1% | F CFA 1 | 1% | 27 Jan 2025 | Reported rate |
| Gambia | 1% | GMD 1.00 | 1% | 22 Nov 2023 | Reported rate |
| Ivory Coast | 1% | F CFA 1 | 1% | 1 Jul 2025 | Reported rate |
| Mali |
| 1% |
| F CFA 1 |
| 1% |
| 5 May 2023 |
| Reported rate |
| Senegal | 1% | F CFA 1 | 1% | 1 Apr 2021 | Reported rate |
| Uganda | 1% | UGX 1 | 1% | 24 Nov 2024 | Reported rate |