Corridor Strength Report โ 9 Routes Compared
USD/NGN has gained 1.04% over the past 30 days โ the strongest result among 9 monitored corridors. On a USD 500 transfer, recipients currently receive approximately NGN 7,097 more than the prior period. USD/GHS is down 2.55% over the same period.
| Corridor | 7-Day Trend | 30-Day Trend | Outlook |
|---|---|---|---|
| USD/NGN | +0.04% | +1.04% | ๐ Strengthening |
| USD/ZAR | -0.15% | +0.91% | โก Stable |
| GBP/NGN | -0.54% | +0.23% | โก Stable |
| EUR/XOF | -0.01% | +0.03% | โก Stable |
| EUR/NGN | -0.29% | -0.04% | โก Stable |
| USD/KES | -0.02% | -0.13% | โก Stable |
| USD/EGP | +0.55% | -0.44% | โก Stable |
| GBP/KES | -0.59% | -0.94% | โก Stable |
| USD/GHS | -0.62% | -2.55% | ๐ Weakening |
Neither the 7-day nor 30-day moves are large enough to signal a strong directional trend โ the corridors are broadly range-bound. The 3.6-percentage-point gap between the strongest and weakest corridor indicates divergent macro conditions โ not a uniform market move. Senders should evaluate their specific corridor independently.
Does timing matter? Mostly no โ except for a -2.55% 30-day move in usd/ghs, but overall moves across monitored corridors are modest and broadly range-bound. Provider fees represent a larger cost variable than rate timing on most of these corridors.
๐ Generation summary โ 9 corridors analysed | data: 7-day and 30-day mid-market rate history | note: mid-market rates only โ provider fees not included