Which GBP Remittance Service Gives You the Most Cedis? Tracking the Shifts and Spotting the Outliers

In just under two weeks, the GBP-to-GHS remittance rates across leading money transfer services have shifted and in some cases, dramatically. While most services hovered within a narrow band near ₵13.78 per pound, a few players stood out as outliers offering significantly more value for your pound.

Tracking GBP Movements of Remittance Services in Ghana

🔍 What’s the Data Telling Us?

The chart below compares GBP-to-GHS rates from 11 services as of May 29 and June 11, 2025. While 9 out of 11 providers fall within a tight range of ₵13.65 to ₵13.82, two clear outliers emerged:

• SendApp surged from ₵14.23 to a whopping ₵15.70 – a 10.3% increase.

• AfriEx jumped from ₵14.06 to ₵15.14 – a 7.7% increase.

  
  

These are not minor shifts. For someone remitting £1,000, using SendApp today would deliver ₵1,570, compared to ₵1,365 with Wise, a difference of ₵205, or more than 15% in relative value.

🟩 Consistent Players vs Movers

Service	May 29 (₵)	June 11 (₵)	% Change	Category
SendApp	14.23	15.70	+10.3%	Outlier ↑↑
AfriEx	14.06	15.14	+7.7%	Outlier ↑↑
LemFi	13.65	13.82	+1.2%	Slight Increase
Remitly	13.76	13.79	+0.2%	Stable
Sendwave	13.69	13.81	-0.9%	Stable
Taptap Send	13.60	13.78	+1.3%	Stable
Western Union	13.77	13.82	-0.4%	Stable
UnityLink	13.77	13.78	+0.1%	Stable
WorldRem	13.69	13.82	-0.9%	Stable
PayAngel	13.77	13.78	+0.1%	Stable
Wise	13.59	13.65	+0.4%	Slight Increase

🧠 Why Are SendApp and AfriEx Outliers?

These rates may reflect aggressive customer acquisition strategies or currency hedging advantages. Both SendApp and AfriEx operate in the growing fintech remittance space, where they can afford to offer better margins than traditional players by optimizing digital infrastructure and leveraging real-time FX trading.

In contrast, services like Western Union and UnityLink remain stable but unremarkable, hovering just below ₵13.82, perhaps indicating slower rate adjustment or margin protection strategies.

💡 What Should You Watch?

1. Volatility can work for or against you – especially if you remit large sums.

2. Don’t assume loyalty pays – switching to SendApp this week could net ₵100+ more per £1,000.

3. Outliers may not last – promotional rates could drop, so always verify on the day you send.

   
   

✅ Final Take

Most remittance services remain bunched tightly around ₵13.78 but outliers like SendApp and AfriEx could mean big gains if you're paying attention. As rates shift week by week, making data-driven choices could be the difference between sending school fees and adding a little extra.