Market Reports

Monthly Exchange Rate Report: February 2026

A comprehensive summary of exchange rate trends, provider performance, and market insights across 25 remittance corridors.

CompareRemittanceRates
8 min read

Corridors Tracked

25

Rates Strengthened

2

Rates Weakened

22

Data Points

4,693

Executive Summary

In February 2026, we tracked exchange rates across 25 remittance corridors using 4,693 data points. It was a challenging month for senders, with 22 corridors seeing rate declines.

The biggest mover was EUR to TRY, gaining 1.36% over the month. On the other end, GBP to NGN dropped 8.34%.

remitly was the top-performing provider, offering the best rates in 12 out of 25 corridors. worldremit came in second with 6 corridors.

7 corridors experienced high volatility this month: AED-BDT, AED-INR, AED-PKR, EUR-NGN, GBP-NGN, USD-GHS, USD-NGN. If you send money on these routes, setting up a rate alert can help you lock in the best rate.

All Corridors at a Glance

CorridorAvg RateChangeVolatilityBest Provider
EUR/TRY51.30
+1.36%
Medium
remitly
AUD/INR63.48
+1.20%
Medium
worldremit
USD/KES128.13
stable
Medium
remitly
AED/PKR99.21
-0.74%
High
paysend
USD/BDT121.30
-0.79%
Low
wise
USD/PKR277.88
-0.95%
Medium
sendwave
AED/BDT45.48
-0.98%
High
paysend
GBP/PKR376.89
-1.01%
Medium
sendwave
USD/MXN17.06
-1.04%
Medium
remitly
CAD/INR66.04
-1.09%
Medium
remitly
EUR/KES149.82
-1.17%
Medium
remitly
AED/INR31.94
-1.20%
High
paysend
EUR/MAD10.68
-1.85%
Medium
remitly
CAD/PHP42.16
-1.92%
Medium
remitly
GBP/KES173.25
-2.11%
Medium
sendwave
GBP/BDT164.32
-2.12%
Medium
remitly
GBP/INR122.45
-2.13%
Medium
remitly
USD/GHS10.78
-3.21%
High
worldremit
USD/INR90.17
-3.31%
Medium
worldremit
USD/PHP57.46
-3.42%
Medium
worldremit
GBP/GHS14.71
-3.65%
Medium
worldremit
EUR/GHS12.82
-5.03%
Medium
worldremit
USD/NGN1368.47
-5.12%
High
remitly
EUR/NGN1621.21
-5.68%
High
remitly
GBP/NGN1851.05
-8.34%
High
remitly

Provider Rankings: February 2026

Which providers showed the strongest loaded estimates most often this month?

1
remitly12 corridors
2
worldremit6 corridors
3
paysend3 corridors
4
sendwave3 corridors
5
wise1 corridor

Regional Breakdown

Bangladesh

-1.30%

Pakistan

-0.90%

Philippines

-2.67%

Morocco

-1.85%

Turkey

+1.36%

Mexico

-1.04%

Key Takeaways for Senders

  • remitly dominated this month with the best rates in 12 of 25 corridors. If you haven't compared providers recently, it's worth checking.
  • The EUR/TRY corridor saw a significant +1.36% improvement. Senders on this route got noticeably more for their money.
  • The GBP/NGN corridor dropped 8.34%. Consider setting a rate alert to catch the rebound.
  • Our analysis is based on 4,693 real rate data points collected throughout February. Compare current estimates on any corridor above to find today's best deal.

Find Today's Best Rate

Rates change daily. Compare current provider options right now and send when the route looks strongest.