USD-NGN
High Volatility
USD to NGN Exchange Rate Report
February 2026 Analysis
Average Rate
1368.4690
Monthly Change
-5.12%
Best Provider
remitly
Data Points
147
Executive Summary
In February 2026, the USD to NGN exchange rate weakened, moving from 1430.3100 to 1357.1269 (-5.12% change).
The average rate across all providers was 1368.4690, with rates ranging from 1225.9400 to 1460.2100. Market volatility was high during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during February.
Rate Range Analysis
Lowest Rate
1225.9400
Average Rate
1368.4690
Highest Rate
1460.2100
Opening: 1430.3100Closing: 1357.1269
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 1408.3622 | 1225.9400 | 1460.2100 | 22 days |
worldremit | 1384.6255 | 1335.0021 | 1429.0804 | |
sendwave | 1381.2470 | 1335.0021 | 1433.1325 | |
paysend | 1380.3069 | 1331.7923 | 1428.4897 | 1 days |
wise | 1379.3439 | 1333.2800 | 1434.2500 | |
westernunion | 1360.3388 | 1295.9950 | 1410.0720 | |
xe | 1294.8929 | 1285.8091 | 1310.9951 |
Best Time to Transfer
Best Day
Sunday
Average rate: 1375.6023
Avoid
Thursday
Average rate: 1360.5684
Based on 147 data points collected throughout February 2026.
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