Market Insights

Weekly Market Recap — Week of 9 August 2026

📅 ⏱ 4 min read

Week in Review — 9 August 2026

USD/EGP was the standout this week with a 2.7% gain. On a USD 500 transfer, recipients currently receive approximately EGP 691 more than the prior period. The remaining monitored routes tracked within a sub-1% range.

Corridor7-Day ChangeWeekly HighWeekly LowWeekly Range
USD/NGN+0.03%1,365.811,361.530.31%
GBP/NGN-0.08%1,841.221,831.790.51%
EUR/NGN-0.26%1,577.621,570.060.48%
USD/KES-0.02%129.44129.210.17%
GBP/KES-0.13%174.47173.770.41%
USD/GHS-0.60%11.7611.680.64%
EUR/XOF-0.02%656.08655.770.05%
USD/ZAR-0.00%16.1616.160.03%
USD/EGP+2.70%51.1549.742.84%

An isolated corridor move like this is informative but not conclusive. A single 7-day move above 1% crosses the threshold for a weekly fluctuation, but needs confirmation over the following week before it can be called a trend.

For USD/EGP: compare providers before your next transfer — the move is large enough to have shifted relative provider value. For all other corridors this week, provider fees are a larger variable than rate timing.
📊 Generation summary — 9 corridors | ~6785 rate records | reporting period: 7 days | data: 7-day historical rates

Share this insight:

Compare Rates Now →

← All Market Insights