Important product and methodology disclosures

1. Nature of the Product

Naira Traffic is a route-comparison and corridor-intelligence product. It helps users compare supported transfer paths across referenced providers. It is not a remittance provider, exchange desk, payment processor, bank, money services business, or custodian of user funds.

2. How Route Outputs Are Generated

Displayed outputs are generated from provider-facing rate reads, cached data, route logic, and product-side calculations. Depending on corridor support and product state, the engine may compare direct routes, triangular routes, and cross-provider paths involving intermediate currencies.

• Live rates are fetched from provider APIs running on Google Cloud Run.
• Results may depend on recently cached provider data. The server-side cache has a 10-minute time-to-live (TTL). Cached responses are labeled as such in the progress stream.
• Some corridor logic uses inferred or reverse-calculated values where direct provider availability is limited. Inverse rates are computed with a configurable spread factor to approximate the cost of the reverse direction.

3. No Guaranteed Execution Price

A displayed route is not a binding quote. Providers may show different rates, fees, limits, identity checks, settlement times, payout methods, or eligibility screens by the time a user attempts to execute a transfer. Users must verify provider-side details themselves before acting.

4. Provider References and Data Sources

Naira Traffic currently collects live rate data by reading publicly accessible rate pages from the following providers:

• Pesa (PesaPeer): Rates are scraped from pesa.co/currency-converter. Pesa is a remittance and multi-currency wallet platform.
• LemFi: Rates are scraped from lemfi.com/en-us/international-money-transfer. LemFi is a remittance and multi-currency account platform primarily serving African diaspora users.

These are the two primary data sources as of the effective date. Provider references in route explanations are informational. Unless expressly stated elsewhere, Chim Wopara Enterprises does not claim sponsorship, endorsement, or formal partnership with a referenced provider.

5. Mid-Market Rate Source

Naira Traffic compares provider rates against mid-market exchange rates to compute spread scores and market insight metrics. Mid-market rates are obtained from the fawazahmed0 open-source currency API, served via the jsDelivr CDN. This data is refreshed hourly.

6. Market Insight and Volatility Score

The volatility score is a composite indicator (0–100) computed from five weighted components:

• Spread vs mid-market (30%): How far the best provider rate is from the mid-market exchange rate, relative to typical corridor spreads.
• Inter-app divergence (20%): How much Pesa and LemFi disagree on the rate for the same pair.
• Directional asymmetry (20%): Difference between forward and reverse rates, indicating directional bias.
• Inflation differential (15%): Gap between source and target country annual inflation rates.
• PPP divergence (15%): Purchasing-power parity divergence from unity between source and target countries.

These scores are model-driven explanations intended to help users interpret a corridor. They do not predict future market movements or guarantee transaction outcomes.

7. Inflation Data

Inflation rates used in volatility scoring, economics indicators, and policy outlook are sourced from the International Monetary Fund (IMF) World Economic Outlook and World Bank Open Data. These values are hardcoded and updated periodically (last updated March 2026). Current values used:

• Nigeria (NGN): 28.0%
• Ghana (GHS): 22.0%
• Kenya (KES): 5.5%
• United Kingdom (GBP): 3.0%
• United States (USD): 2.8%
• Canada (CAD): 2.5%
• Eurozone (EUR): 2.4%
• UAE (AED): 2.0%

8. Purchasing Power Parity (PPP) Data

PPP indicators compare the approximate cost of a standardized basket of goods in USD across countries. These values are derived from the Economist's Big Mac Index and World Bank International Comparison Program (ICP) PPP data. They are hardcoded and updated periodically. Current values used (cost of basket in USD equivalent):

• United Kingdom (GBP): $6.20
• United States (USD): $5.80
• Eurozone (EUR): $5.60
• Canada (CAD): $5.40
• UAE (AED): $4.50
• Kenya (KES): $2.80
• Ghana (GHS): $2.40
• Nigeria (NGN): $2.10

9. Typical Spread Calibration

The product classifies corridors into spread categories to determine whether a current spread is "normal" or "elevated." These thresholds are internal estimates based on observed corridor behavior over time:

• High-inflation corridors (NGN, GHS): ~8% spread considered typical
• Medium-inflation corridors (KES): ~3% spread considered typical
• Low-inflation corridors (USD, CAD, GBP, EUR, AED): ~1.5% spread considered typical

These calibration values are internal estimates and are not derived from a formal published benchmark.

10. Game Theory Model

The Game Theory tab models provider pricing competition as a Bertrand duopoly, where two firms (Pesa and LemFi) compete on price for a functionally identical service (currency conversion on the same corridor). The model computes each provider's markup over the mid-market rate and evaluates whether pricing has converged to a Nash equilibrium.

This is a simplified economic model for educational and interpretive purposes. Real-world provider pricing is influenced by factors not captured by the model, including liquidity constraints, compliance costs, settlement delays, and internal hedging.

11. Policy Outlook

The Policy Outlook tab references monetary authorities by their official names for each supported currency:

• NGN: Central Bank of Nigeria
• USD: Federal Reserve
• CAD: Bank of Canada
• GBP: Bank of England
• EUR: European Central Bank
• AED: Central Bank of the UAE
• GHS: Bank of Ghana
• KES: Central Bank of Kenya

Policy outlook content is generated from corridor context and general economic reasoning. It does not reflect real-time policy announcements or official forward guidance. Users should consult official central bank publications for current monetary policy positions.

12. No Fiduciary Relationship

Use of Naira Traffic does not create an advisory, agency, brokerage, fiduciary, or professional-client relationship between the user and Chim Wopara Enterprises.

13. Fees, Taxes, and Compliance Costs

Displayed route comparisons may not capture every cost relevant to a real transfer. Unmodeled items can include provider fees, local taxes, intermediary bank charges, withdrawal charges, card fees, spread adjustments, compliance holds, or transfer failures caused by verification or jurisdictional restrictions.

14. Jurisdiction and Regulatory Considerations

Some corridors, providers, or wallet functions may not be available in every country or to every user segment. Users are responsible for determining whether a route is lawful and permitted in their jurisdiction and under each provider's terms.

15. Commercial Relationship and Referral Disclosure

Naira Traffic currently participates in referral programs operated by Pesa (PesaPeer) and LemFi. When route steps are displayed, signup links may appear labeled "My Pesa Referral link" and "My LemFi Referral link." These are referral links and are labeled as such in the product. If a user signs up through one of these links, the operator may receive a referral benefit.

• Pesa referral: Distributed via AppsFlyer OneLink, tracking parameter richardwopara.
• LemFi referral: Distributed via LemFi's referral portal at referral.lemfi.com.

This arrangement does not affect which provider or route is ranked highest. Rankings are determined solely by the calculated return, not by commercial relationships.

16. Subscription and Pricing

Naira Traffic offers 10 free uses to new users. After free uses are exhausted, continued use requires a paid subscription. Monthly plan: $49.99/month for 10 uses, renewing monthly. Annual plan: $420/year ($35/month) for 10 uses per month that roll over. Top-up: subscribers who exhaust their monthly uses early may purchase 4 additional uses for $19.99. Auto-renewal is enabled by default. Users may disable auto-renewal or cancel at any time within the product.

The average savings estimate of $2,405 across 10 searches cited in the product is derived from the average international student transaction amount of $38,854 (Global Affairs Canada, 2022) and an observed 6.19% savings rate on the NGN–CAD corridor. This is a general estimate and not a guarantee of individual savings.

Subscription billing is processed through Stripe. Cancellation and refund terms are governed by the Terms of Use and the Stripe billing agreement presented at checkout.

17. Authentication and User Data Infrastructure

User authentication is handled via Google Sign-In (GSI). User profiles, usage tracking, alert configurations, and corridor snapshots are stored in Google Sheets via Google Apps Script. No user passwords are stored by Naira Traffic; authentication is delegated entirely to Google's identity platform.

18. Rate Data Collection Method

Rate data is collected in near-real-time at the time of each user search. All provider rates are fetched via direct API calls to each provider's public rate endpoints. Requests run in parallel on Google Cloud Run.

Rates may be delayed, cached, incomplete, or unavailable for certain corridors depending on provider availability. Some pairs that are not directly available are inferred via inverse calculation with an estimated spread adjustment. Naira Traffic does not claim to reproduce provider databases in full and does not guarantee that fetched values match what a provider would show to an end user at the moment of transfer.

19. Ad Email Feature

While results are loading, Naira Traffic may display an advertisement for products or services related to Chim Wopara Enterprises. Users who are signed in may optionally tap an "Email Me" button to receive a one-time promotional email at their signed-in address. This email describes the advertised product and is sent a single time per request; it is not a subscription or marketing series. The ad shown during loading is for a product operated by Chim Wopara Enterprises, the same entity that operates Naira Traffic. This relationship is disclosed here in accordance with Naira Traffic's general affiliate and commercial relationship disclosure policy.

20. Contributors

Naira Traffic is built by Chim Wopara Enterprises, with contributions from the following individuals:

• Timi Alamu

21. Contact

Questions about ownership, methodology, or commercial disclosure can be directed to support@wopara.com. This is the only official email address used by Naira Traffic to contact users. You can also reach Chim Wopara Enterprises through chimwopara.com.