Market Reports

Monthly Exchange Rate Report: July 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

12

Rates Weakened

6

Data Points

6,919

Executive Summary

In July 2026, we tracked exchange rates across 25 remittance corridors using 6,919 data points. It was broadly a positive month for senders, with 12 corridors showing improved rates.

The biggest mover was USD to MXN, gaining 18.52% over the month. On the other end, USD to NGN dropped 2.56%.

remitly was the top-performing provider, offering the best rates in 17 out of 25 corridors. paysend came in second with 4 corridors.

5 corridors experienced high volatility this month: AED-BDT, AED-INR, AED-PKR, USD-GHS, USD-MXN. 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
USD/MXN17.67
+18.52%
High
unplex
GBP/GHS15.34
+4.75%
Medium
paysend
EUR/GHS13.10
+4.61%
Medium
paysend
USD/GHS11.40
+3.31%
High
paysend
EUR/TRY53.24
+2.41%
Medium
remitly
CAD/INR67.47
+2.33%
Medium
remitly
USD/INR95.26
+2.08%
Medium
unplex
GBP/INR127.50
+1.69%
Medium
remitly
AUD/INR66.24
+1.40%
Medium
remitly
GBP/BDT163.82
+1.32%
Medium
remitly
GBP/KES170.97
+0.82%
Low
wise
AED/BDT30.26
+0.56%
High
remitly
AED/INR24.15
stable
High
remitly
USD/PKR276.53
stable
Low
sendwave
AED/PKR67.10
stable
High
remitly
GBP/PKR369.83
stable
Medium
remitly
GBP/NGN1836.36
stable
Medium
remitly
EUR/NGN1572.67
stable
Medium
remitly
CAD/PHP43.20
stable
Medium
remitly
USD/BDT122.47
-0.59%
Low
paysend
USD/KES128.48
-0.71%
Medium
remitly
EUR/MAD10.54
-0.93%
Medium
remitly
EUR/KES145.62
-1.28%
Medium
remitly
USD/PHP61.19
-2.30%
Medium
remitly
USD/NGN1375.66
-2.56%
Medium
remitly

Provider Rankings: July 2026

Which providers showed the strongest estimates most often this month?

1
remitly17 corridors
2
paysend4 corridors
3
unplex2 corridors
4
wise1 corridor
5
sendwave1 corridor

Regional Breakdown

Bangladesh

+0.43%

Pakistan

-0.04%

Philippines

-1.33%

Morocco

-0.93%

Turkey

+2.41%

Mexico

+18.52%

Key Takeaways for Senders

  • remitly dominated this month with the best rates in 17 of 25 corridors. If you haven't compared providers recently, it's worth checking.
  • The USD/MXN corridor saw a significant +18.52% improvement. Senders on this route got noticeably more for their money.
  • The USD/NGN corridor dropped 2.56%. Consider setting a rate alert to catch the rebound.
  • Our analysis is based on 6,919 real rate data points collected throughout July. 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.