A 30-day view of FX movement
EUR/NGN led the 30-day FX moves across the covered corridors at -2.53%. At the observed mid-market rates, EUR 500 equates to approximately NGN 19,380 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 | +0.20% | 1,333.77 | 1,325.08 | 1,329.46 | 0.13% |
| GBP/NGN | -1.26% | 1,790.63 | 1,753.76 | 1,762.08 | 0.45% |
| EUR/NGN | -2.53% | 1,532.82 | 1,485.90 | 1,500.39 | 0.95% |
| USD/KES | +0.13% | 129.79 | 129.06 | 129.61 | 0.13% |
| GBP/KES | -0.54% | 173.47 | 170.76 | 171.84 | 0.50% |
| USD/GHS | +1.73% | 11.84 | 11.45 | 11.67 | 0.71% |
| EUR/XOF | -0.04% | 656.13 | 655.77 | 655.99 | 0.01% |
| USD/ZAR | +0.89% | 16.67 | 16.20 | 16.49 | 0.82% |
| USD/EGP | +2.52% | 53.45 | 51.75 | 52.47 | 0.64% |
Dispersion
EUR/NGN showed the widest rate variation at 0.95%; EUR/XOF was the most stable at 0.01%. 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 — 9 corridors | 24503 observations | minimum coverage: 25 days | snapshot: 16 Oct 2026 11:13 UTC