USD/EGP Volatility: 1.2% Over 30 Days
USD/EGP rates have varied by 1.15% around their 30-day average โ marginally above the typical 0.5โ1% range for major remittance corridors. On a USD 500 transfer, recipients currently receive approximately EGP 53 more than the prior period.
| Corridor | 30-Day Average | Volatility (CV) | Level |
|---|---|---|---|
| USD/EGP | 50.54 | 1.15% | ๐ข Above Normal |
| USD/GHS | 11.66 | 0.90% | ๐ข Above Normal |
| GBP/NGN | 1,836.97 | 0.73% | ๐ข Above Normal |
| EUR/NGN | 1,569.34 | 0.55% | ๐ข Above Normal |
| USD/NGN | 1,368.10 | 0.51% | ๐ข Above Normal |
Elevated volatility is present across 5 corridors, suggesting broader market uncertainty rather than corridor-specific factors. Volatility at this level is a 30-day structural assessment, not an intraday signal. It means the corridor has been inconsistent over an extended period โ not just for one session.
Does timing matter? Moderately. The current volatility level means rates are shifting more than in a calm market, but the swings are not extreme. Comparing multiple providers โ which can vary by 2โ4% independently of the rate โ remains the higher-impact decision.
๐ Generation summary โ 9 corridors monitored | 5 elevated-volatility corridors | data: 30-day historical rates | metric: coefficient of variation (CV)