30-Day Review: USD/GHS Sees Steepest Decline
USD/GHS fell 2.6% over the past 30 days — a meaningful monthly trend and the largest move among 9 monitored corridors in the trailing 30-day period. On a USD 500 transfer, recipients currently receive approximately GHS 146 less than the prior period. USD/NGN recorded the second-largest move at +1.0%.
| Corridor | 30-Day Change | 30-Day High | 30-Day Low | Average Rate | Volatility (CV) |
|---|---|---|---|---|---|
| USD/NGN | +1.04% | 1,382.12 | 1,361.07 | 1,370.02 | 0.54% |
| GBP/NGN | +0.23% | 1,864.10 | 1,814.59 | 1,837.59 | 0.74% |
| EUR/NGN | -0.04% | 1,581.14 | 1,551.29 | 1,569.47 | 0.56% |
| USD/KES | -0.13% | 129.52 | 129.16 | 129.35 | 0.07% |
| GBP/KES | -0.94% | 174.98 | 172.20 | 173.04 | 0.39% |
| USD/GHS | -2.55% | 11.77 | 11.47 | 11.68 | 0.47% |
| EUR/XOF | +0.03% | 656.14 | 655.77 | 655.91 | 0.01% |
| USD/ZAR | +0.91% | 16.52 | 16.15 | 16.22 | 0.67% |
| USD/EGP | -0.44% | 51.34 | 49.70 | 50.61 | 1.19% |
Volatility remained contained across all corridors over the past 30 days — the most variable, USD/EGP, stayed at 1.19% CV. Stable volatility conditions generally favour senders, as provider spreads tend to narrow when markets are calm.
A 30-day move of 2.6% on USD/GHS is meaningful but modest — it reflects a directional drift rather than a structural break. Whether it continues or reverts depends on the underlying macro conditions.
EUR/XOF was the most stable corridor over this period at 0.01% CV — a useful reference point. When comparing providers, look for rates closer to the 30-day average exchange rate shown above: a provider passing through more of the mid-market rate puts more of the target currency in the recipient's hands. A provider quoting significantly below the average is retaining additional margin on the transaction.
📊 Generation summary — 9 corridors | ~24584 rate records | reporting period: 30 days | data: 30-day historical rates | metrics: change, high, low, average, coefficient of variation