USD-NGN
High Volatility
USD to NGN Exchange Rate Report
August 2026 Analysis
Average Rate
1373.5818
Monthly Change
-1.98%
Best Provider
remitly
Data Points
226
Executive Summary
In August 2026, the USD to NGN exchange rate weakened, moving from 1387.8200 to 1360.2850 (-1.98% change).
The average rate across all providers was 1373.5818, with rates ranging from 1261.5401 to 1443.7900. Market volatility was high during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during August.
Rate Range Analysis
Lowest Rate
1261.5401
Average Rate
1373.5818
Highest Rate
1443.7900
Opening: 1387.8200Closing: 1360.2850
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 1436.7343 | 1428.6500 | 1443.7900 | 23 days |
wise | 1389.1806 | 1378.6200 | 1395.6000 | 8 days |
worldremit | 1381.3766 | 1378.0832 | 1385.0827 | |
sendwave | 1380.4358 | 1374.0090 | 1385.0827 | |
taptapsend | 1380.1290 | 1370.0000 | 1386.0000 | |
paysend | 1377.6820 | 1372.0901 | 1380.5193 | |
westernunion | 1369.8369 | 1354.9680 | 1374.6480 | |
ria | 1363.2400 | 1360.2850 | 1364.2250 | |
xe | 1295.4368 | 1261.5401 | 1342.8402 |
Best Time to Transfer
Best Day
Saturday
Average rate: 1375.6902
Avoid
Sunday
Average rate: 1371.8407
Based on 226 data points collected throughout August 2026.
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