USD → NGN softens 0.15% — Flutterwave leads at 1,369.98
Flutterwave leads USD → NGN this morning at an effective rate of 1,369.98 on a 1,000 USD transfer. The best available rate softened 0.15% versus yesterday. Choosing the best provider over the weakest listed on this corridor is worth about 3.82% more to your recipient. Figures reflect BestAfricanFX observed provider quotes, refreshed daily at midnight GMT, and are not an official market rate.
Market data refreshes once daily at midnight GMT. Rates on corridor pages refresh every six hours.
Morning market by country
Your home corridor is free. Unlock every country’s morning briefing with Plus.
Free · your home corridorUSD → NGN
Nigeria
USD → NGN softens 0.15% — Flutterwave leads at 1,369.98
Flutterwave leads USD → NGN this morning at an effective rate of 1,369.98 on a 1,000 USD transfer. The best available rate softened 0.15% versus yesterday. Choosing the best provider over the weakest listed on this corridor is worth about 3.82% more to your recipient. Figures reflect BestAfricanFX observed provider quotes, refreshed daily at midnight GMT, and are not an official market rate.
Best provider, day-over-day movement and payout spread for this corridor.
Egypt morning briefing
Morning briefings for corridors beyond your home country are part of Plus.
Your free morning market covers your default corridor (USD → NGN). 4 more countries are available on Plus.
Market regimes
Trailing 45 days · official rates
Each currency's macro state against the US dollar, from the central-bank rates we capture. This is a framework that sharpens as history accrues — classifications tighten and confidence rises as more readings bank up.
Market-regime detection is a Pro feature.
GHS Depreciation
The local currency is weakening steadily against the dollar.
Change (39d)
-5.05%
Volatility
0.14%
27 readings · BoGHigh confidence
ZAR Stable
Trading in a narrow band with low day-to-day movement.
Change (40d)
-1.84%
Volatility
0.46%
28 readings · SARBHigh confidence
EGP Stable
Trading in a narrow band with low day-to-day movement.
Change (40d)
-2.44%
Volatility
0.43%
28 readings · CBEHigh confidence
NGN Stable
Trading in a narrow band with low day-to-day movement.
Change (39d)
+1.21%
Volatility
0.27%
27 readings · CBNHigh confidence
MAD Stable
Trading in a narrow band with low day-to-day movement.
Change (6d)
-0.83%
Volatility
0.26%
5 readings · BAMLow confidence
ETB Stable
Trading in a narrow band with low day-to-day movement.
Change (11d)
-0.01%
Volatility
0.04%
8 readings · NBEMedium confidence
KES Stable
Trading in a narrow band with low day-to-day movement.
Provider-behaviour-by-regime analysis (which providers hold the tightest spreads through volatile or crisis periods) activates automatically once each currency has been observed across more than one regime.
Market Direction
Pick a corridor to see how its rate has moved over the past week and where the trend points next — built from genuine six-hourly readings and official central-bank rates.
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Official-rate distortion
Corridors ranked by the gap between the market mid-rate and the official central-bank rate. A larger gap means the market rate diverges more from the government benchmark.
Positive means the market gives more local currency than the official rate. Negative means less. Based on live official rates from central banks we monitor.
Every effort has been made to ensure accurate rates for each provider. However, rates and individual company policies are subject to change multiple times a day. Always confirm the final rate, fees and delivery time on the provider’s own website before sending money. BestAfricanFX does not hold, transfer or convert funds. We compare a finite sample of providers, so we cannot guarantee these are the best rates available anywhere. Use of this service implies acceptance of our Terms & Conditions.