Market Reports

Monthly Exchange Rate Report: September 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

7

Rates Weakened

16

Data Points

7,208

Executive Summary

In September 2026, we tracked exchange rates across 25 remittance corridors using 7,208 data points. It was a challenging month for senders, with 16 corridors seeing rate declines.

The biggest mover was USD to MXN, gaining 7.15% over the month. On the other end, EUR to NGN dropped 5.10%.

remitly was the top-performing provider, offering the best rates in 16 out of 25 corridors. sendwave came in second with 3 corridors.

5 corridors experienced high volatility this month: AED-PKR, EUR-NGN, GBP-NGN, 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/MXN17.17
+7.15%
High
unplex
USD/GHS11.34
+2.40%
High
worldremit
GBP/GHS15.37
+1.53%
Medium
paysend
EUR/MAD10.78
+0.93%
Medium
remitly
AED/INR25.73
+0.73%
Medium
remitly
EUR/GHS13.17
+0.62%
Medium
paysend
AED/BDT33.28
+0.52%
Medium
remitly
USD/INR95.02
stable
Medium
unplex
USD/PKR275.23
stable
Medium
sendwave
AED/PKR74.27
-0.51%
High
remitly
USD/BDT121.97
-0.51%
Low
sendwave
USD/PHP62.11
-1.27%
Medium
remitly
GBP/INR127.60
-1.30%
Medium
remitly
USD/KES128.43
-1.42%
Medium
remitly
USD/NGN1351.67
-1.55%
Medium
remitly
GBP/BDT164.22
-1.76%
Medium
remitly
AUD/INR67.44
-1.87%
Medium
remitly
CAD/INR67.95
-2.02%
Medium
remitly
EUR/TRY55.48
-2.05%
Medium
remitly
GBP/NGN1811.28
-2.28%
High
remitly
GBP/PKR370.43
-2.46%
Medium
sendwave
CAD/PHP44.44
-3.40%
Medium
remitly
EUR/KES147.24
-3.66%
Medium
remitly
GBP/KES171.90
-3.73%
Medium
wise
EUR/NGN1560.74
-5.10%
High
remitly

Provider Rankings: September 2026

Which providers showed the strongest estimates most often this month?

1
remitly16 corridors
2
sendwave3 corridors
3
paysend2 corridors
4
unplex2 corridors
5
wise1 corridor
6
worldremit1 corridor

Regional Breakdown

Bangladesh

-0.58%

Pakistan

-1.08%

Philippines

-2.33%

Morocco

+0.93%

Turkey

-2.05%

Mexico

+7.15%

Key Takeaways for Senders

  • remitly dominated this month with the best rates in 16 of 25 corridors. If you haven't compared providers recently, it's worth checking.
  • The USD/MXN corridor saw a significant +7.15% improvement. Senders on this route got noticeably more for their money.
  • The EUR/NGN corridor dropped 5.10%. Consider setting a rate alert to catch the rebound.
  • Our analysis is based on 7,208 real rate data points collected throughout September. 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.