Corridor Strength Report โ 9 Routes Compared
GBP/NGN has gained 2.95% over the past 30 days, making it the strongest corridor among the 9 monitored. On a GBP 500 transfer, recipients currently receive approximately NGN 26,500 more than in the previous period. In contrast, USD/GHS has declined by 4.04% during the same timeframe.
| Corridor | 7-Day Trend | 30-Day Trend | Outlook |
|---|---|---|---|
| GBP/NGN | +0.81% | +2.95% | ๐ Strengthening |
| EUR/NGN | +0.71% | +2.95% | ๐ Strengthening |
| GBP/KES | +1.23% | +1.58% | ๐ Strengthening |
| USD/NGN | -0.30% | +1.32% | ๐ Strengthening |
| EUR/XOF | -0.01% | +0.01% | โก Stable |
| USD/KES | -0.05% | -0.03% | โก Stable |
| USD/ZAR | -0.76% | -0.93% | โก Stable |
| USD/EGP | -1.56% | -2.89% | ๐ Weakening |
| USD/GHS | -0.86% | -4.04% | ๐ Weakening |
The 7-day and 30-day trends are aligned, indicating that the current direction has momentum rather than being a short-term fluctuation. The 7.0-percentage-point gap between the strongest and weakest corridor reflects divergent macro conditions, rather than a uniform market move. 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 confirms it remains active. 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