A 30-day view of FX movement
EUR/NGN led the 30-day FX moves across the covered corridors at -3.08%. At the observed mid-market rates, EUR 500 equates to approximately NGN 23,726 less than at the comparison point, before provider pricing and fees.
| Corridor | 30-Day Change | 30-Day High | 30-Day Low | Average Rate | Volatility (CV) |
|---|---|---|---|---|---|
| USD/NGN | +0.38% | 1,333.77 | 1,325.08 | 1,328.84 | 0.15% |
| GBP/NGN | -1.69% | 1,795.40 | 1,753.76 | 1,766.91 | 0.76% |
| EUR/NGN | -3.08% | 1,539.57 | 1,487.40 | 1,510.21 | 1.20% |
| USD/KES | +0.23% | 129.79 | 129.06 | 129.53 | 0.13% |
| USD/GHS | +3.05% | 11.84 | 11.42 | 11.61 | 0.98% |
| EUR/XOF | +0.04% | 656.12 | 655.72 | 655.97 | 0.02% |
| USD/ZAR | +2.04% | 16.67 | 16.13 | 16.44 | 1.11% |
| USD/EGP | +1.99% | 52.54 | 51.35 | 52.13 | 0.73% |
Dispersion
EUR/NGN showed the widest rate variation at 1.20%; EUR/XOF was the most stable at 0.02%. These historical measures describe the covered period and do not predict future volatility.
Interpretation limits
This review uses stored AfriConvert mid-market rate observations. It does not establish causes, forecast future rates, or measure provider-specific executable pricing.
Data scope — 8 corridors | 20563 observations | minimum coverage: 25 days | snapshot: 11 Oct 2026 13:48 UTC