USD-NGN
Medium Volatility
USD to NGN Exchange Rate Report
July 2026 Analysis
Average Rate
1375.6582
Monthly Change
-2.56%
Best Provider
remitly
Data Points
226
Executive Summary
In July 2026, the USD to NGN exchange rate weakened, moving from 1416.2200 to 1380.0000 (-2.56% change).
The average rate across all providers was 1375.6582, with rates ranging from 1300.7883 to 1417.5200. Market volatility was medium during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during July.
Rate Range Analysis
Lowest Rate
1300.7883
Average Rate
1375.6582
Highest Rate
1417.5200
Opening: 1416.2200Closing: 1380.0000
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 1413.2384 | 1407.1900 | 1417.5200 | 25 days |
paysend | 1387.0329 | 1375.6312 | 1392.5488 | 3 days |
worldremit | 1382.8536 | 1378.1122 | 1389.0969 | |
sendwave | 1381.5776 | 1371.0652 | 1388.0157 | |
taptapsend | 1379.7935 | 1368.0000 | 1388.0000 | |
wise | 1379.4697 | 1369.1200 | 1393.8100 | 3 days |
westernunion | 1372.2359 | 1366.7760 | 1375.6320 | |
xe | 1320.0514 | 1300.7883 | 1351.7728 |
Best Time to Transfer
Best Day
Saturday
Average rate: 1379.6631
Avoid
Monday
Average rate: 1372.7750
Based on 226 data points collected throughout July 2026.
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