GBP/NGN has gained 2.61% over the past 30 days โ the strongest result among 9 monitored corridors. On a GBP 500 transfer, recipients currently receive approximately NGN 23,314 more than the prior period. USD/EGP is down 2.23% over the same period.
| Corridor | 7-Day Trend | 30-Day Trend | Outlook |
|---|---|---|---|
| GBP/NGN | -0.17% | +2.61% | ๐ Strengthening |
| USD/NGN | -0.16% | +2.59% | ๐ Strengthening |
| USD/GHS | -0.78% | +2.47% | ๐ Strengthening |
| EUR/NGN | -0.06% | +2.01% | ๐ Strengthening |
| EUR/XOF | -0.01% | +0.04% | โก Stable |
| GBP/KES | +0.03% | +0.02% | โก Stable |
| USD/ZAR | -1.48% | -0.07% | โก Stable |
| USD/KES | -0.05% | -0.09% | โก Stable |
| USD/EGP | -0.78% | -2.23% | ๐ Weakening |
The 7-day and 30-day movements are not significant enough to indicate a strong directional trend; the corridors are generally range-bound. The 4.8-percentage-point gap between the strongest and weakest corridor reflects divergent macro conditions rather than a uniform market trend. Senders should evaluate their specific corridor independently.
Does timing matter? Yes, for GBP/NGN โ the trend has been consistent for 30 days, and the 7-day direction suggests it may be pausing. Compare providers before your next transfer.
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