August 2026 in Review: USD/EGP Sees Steepest Decline
USD/EGP fell 4.0% over the past 30 days — a meaningful monthly trend and the largest move among 9 monitored corridors in August 2026. On a USD 500 transfer, recipients currently receive approximately EGP 980 less than the prior period. USD/GHS recorded the second-largest move at 2.6%.
| Corridor | 30-Day Change | Monthly High | Monthly Low | Average Rate | Volatility (CV) |
|---|---|---|---|---|---|
| USD/NGN | +0.86% | 1,382.12 | 1,361.07 | 1,372.82 | 0.46% |
| GBP/NGN | -0.61% | 1,864.10 | 1,814.59 | 1,836.49 | 0.79% |
| EUR/NGN | -0.37% | 1,581.14 | 1,551.29 | 1,567.76 | 0.56% |
| USD/KES | +0.07% | 129.52 | 129.20 | 129.41 | 0.07% |
| GBP/KES | -1.32% | 174.98 | 171.73 | 172.88 | 0.30% |
| USD/GHS | -2.65% | 11.68 | 11.36 | 11.60 | 0.80% |
| EUR/XOF | -0.13% | 656.14 | 655.02 | 655.92 | 0.03% |
| USD/ZAR | -0.95% | 16.54 | 16.23 | 16.37 | 0.40% |
| USD/EGP | -3.99% | 51.34 | 48.81 | 50.75 | 1.40% |
Volatility remained contained across all corridors this month — the most variable, USD/EGP, stayed at 1.40% CV. Stable volatility conditions generally favour senders, as provider spreads tend to narrow when markets are calm.
A 30-day move of 4.0% on USD/EGP is a sustained structural shift — not intraday or weekly noise. If this direction persists into next month, it will have a compounding effect on transfer value for regular senders.
EUR/XOF was the most stable corridor this month at 0.03% CV — a reliable benchmark. Use this month's average rates to evaluate provider pricing: a provider consistently quoting below the 30-day average is offering genuine value; one consistently above it is absorbing an additional margin.
📊 Generation summary — 9 corridors | ~19909 rate records | reporting period: 30 days | data: 30-day historical rates | metrics: change, high, low, average, coefficient of variation