Week in Review — 29 July 2026
GBP/NGN gained 1.7% this week — a developing trend. On a GBP 500 transfer, recipients currently receive approximately NGN 15,361 more than the prior period. EUR/NGN followed with a 1.2% gain. 2 corridors recorded moves above 1%.
| Corridor | 7-Day Change | Weekly High | Weekly Low | Weekly Range |
|---|---|---|---|---|
| USD/NGN | +1.00% | 1,378.2268 | 1,363.7054 | 1.06% |
| GBP/NGN | +1.67% | 1,844.8112 | 1,814.5934 | 1.67% |
| EUR/NGN | +1.16% | 1,571.8123 | 1,551.2925 | 1.32% |
| USD/KES | +0.01% | 129.5183 | 129.4994 | 0.01% |
| GBP/KES | +0.54% | 173.1191 | 172.1973 | 0.54% |
| USD/GHS | -0.37% | 11.6624 | 11.6155 | 0.40% |
| EUR/XOF | +0.00% | 656.095 | 655.8282 | 0.04% |
| USD/EGP | +0.98% | 51.3449 | 50.5184 | 1.64% |
Broad gains across multiple corridors typically reflect USD weakness or improving liquidity conditions — not a corridor-specific event. Weekly moves above 1% are worth tracking — if the direction repeats in the next 7-day window, it may develop into a trend.
Does timing matter on GBP/NGN? More than in a quiet week. The 1.7% move is a a developing trend — not large enough to call a sustained trend, but meaningful enough to make now a reasonable time to compare providers.
📊 Generation summary — 8 corridors | ~6789 rate records | reporting period: 7 days | data: 7-day historical rates