The naira weakened again. If you set your monthly amount in January, adjust it.

Nigeria's annual inflation eased to 15.06% in February, the lowest since 2020. That was the good news. Bloomberg reported the easing this week but noted it came before the Iran war's full impact hit household costs.

Since the US-Israel strikes on Iran began on February 28, the naira has started weakening again. Foreign portfolio investors have been exiting emerging market positions as global risk appetite drops. The naira, which had been approaching N1,300 to the dollar in recent weeks after months of relative stability, is under renewed pressure.

What that means practically: if you set your monthly transfer amount based on January's exchange rate and haven't looked at it since, your family is receiving less in real terms than you planned. On the naira end, domestic prices for food, transport, and fuel have all risen since the war began. On your end, the rate you're getting per pound or dollar has shifted.

It's a two-sided squeeze. Worth checking both sides before your next transfer goes out.

The platforms haven't changed. LemFi, Wise, Sendwave. But the numbers have.