Corridor Strength Report — 9 Routes Compared
USD/NGN has gained 3.32% over the past 30 days, the strongest result among the 9 monitored corridors. On a USD 500 transfer, recipients currently receive approximately NGN 22,235 more than in the prior period. In contrast, USD/EGP is down 2.23% over the same timeframe.
| Corridor | 7-Day Trend | 30-Day Trend | Outlook |
|---|---|---|---|
| USD/NGN | +1.24% | +3.32% | 📈 Strengthening |
| USD/GHS | -1.29% | +3.10% | 📈 Strengthening |
| GBP/NGN | +1.31% | +2.94% | 📈 Strengthening |
| EUR/NGN | +1.09% | +2.68% | 📈 Strengthening |
| USD/ZAR | -0.17% | +1.06% | 📈 Strengthening |
| EUR/XOF | +0.00% | -0.02% | ➡ Stable |
| USD/KES | +0.03% | -0.04% | ➡ Stable |
| GBP/KES | -0.17% | -0.18% | ➡ Stable |
| USD/EGP | +0.05% | -2.23% | 📉 Weakening |
The 7-day and 30-day trends are aligned, suggesting that the current direction has momentum rather than being a short-term fluctuation. The 5.6-percentage-point gap between the strongest and weakest corridor indicates divergent macro conditions, highlighting the need for senders to evaluate their specific corridor independently.
Does timing matter? Yes, for USD/NGN — the trend has been in place for 30 days, and the 7-day direction confirms it is still active. Compare providers before your next transfer.
📊 Generation summary — 9 corridors analysed | data: 7-day and 30-day mid-market rate history | note: mid-market rates only — provider fees not included