Market Insights

USD/NGN Hits 90-day low

📅 ⏱ 2 min read

USD/NGN at 90-day low

USD/NGN is trading at 1,363.1046, its lowest level in 90 days. Recipients are currently receiving less per unit sent than at any point in the past 90 days. On a USD 500 transfer, recipients currently receive approximately NGN 5,161 less than the prior period.

CorridorCurrent RateMilestone
USD/NGN1,363.1046📉 90-day Low, ⬇ 30-day Low
GBP/NGN1,817.5004⬇ 30-day Low
EUR/NGN1,558.7278📉 90-day Low, ⬇ 30-day Low
USD/KES129.4393🏆 90-day High, 📉 90-day Low, ⬆ 30-day High, ⬇ 30-day Low
USD/GHS11.6651⬆ 30-day High
EUR/XOF655.7864🏆 90-day High, 📉 90-day Low, ⬆ 30-day High, ⬇ 30-day Low
USD/ZAR16.677⬆ 30-day High

7 corridors are simultaneously near multi-week records — a signal of broader market movement, not isolated corridor behaviour.

At a 90-day low, senders receive less per unit transferred than at any point in the past 90 days. If the corridor stabilises or recovers, waiting could improve outcomes — but that carries its own risk. Locking in a known rate with the best available provider is the lower-risk approach.

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📊 Generation summary — 9 corridors monitored | 7 near-record corridors | data: 30-day and 90-day historical rates

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