THIS IS UNBELIEVABLE!
NAIRA EXCHANGE RATE vs AFRICAN
COUNTRIES:
South Africa: Rand 1= 79 Naira
Angola: 1 kwanza = 12 Naira
Botswana: 1 Pula = 28 Naira
Cape Verde: 1 Escudo = 8 Naira
Algeria: 1 Dinar = 12 Naira
Egypt: 1 Pound = 35 Naira
Eritrea: 1 Nakata = 18 Naira
Ethiopia: 1 Birr = 19 Naira
Ghana: 1 Cedi = 56 Naira
Gambia 1 Dalasi = 9 Naira Kenya: 1
shilling = 6 Naira
Liberia: 1 Dinar = 8 Naira
Lesotho: 1 Loti = 19 Naira
Libya: 1 Dinar = 156 Naira
Morocco: 1 Dirham = 176 Naira
Madagascar: 1 Ariary = 14 Naira
Mauritius: 1 Rupee = 16 Naira
Malawi: 1 kwacha = 21 Naira
Mozambique: 1 Metical = 24 Naira
Namibia: 1 Dollar = 32 Naira
Seychelles: 1 Rupee = 22 Naira
Sudan: 1 pound = 42 Naira Swaziland:
1 Lilangeri = 19 Naira
Tunisia: 1 Dinar = 150 Naira
Zambia: 1 kwacha = 28 Naira
Even the worst economies of Africa
now have more
valuable Exchange rate than us.
As at today $1 = N504 €1 = N550
£1 =N650
N1,000,000 is less than $2,300.
...and some think that we have not
reached the break
point?

Lol

Which way Nigeria, which way nigeria, which way to go, which way to, I love my father land, I want to know, which way Nigeria is heading to.

How Cedis take high than naira?

I pity the fools that still hope the country will ever get. Anybody with a working should be converting and saving their money in dollars, Euros and pounds.

Thawarplay:
How Cedis take high than naira?

Am confused as well. Common Ghana (Ghana must go)

God help us.

You people gave this country to mallams, they are killers of anything they touch

hmmmm.... are you serious..... meanwhile


Pls if your name is Benita John 22years and you did pregnant test in Eleme junction,I just bought roasted plantain(Bole)with your result and its positive.......

This is the reason we lack food stuff, or food stuff are scarce:

Other west African countries buy our food stuff because they are cheap.
Nigeria farmers like to sell to other countries because their currency are higher than ours, thus high interest on sales.

Nigeria will rise again, I am sure of it we are at the bottom already,from here there is only one place to go n dats up. Higher n Higher

bro,
You are just knowing Nigeria is doomed?

Okay o... Kwantinue!

There is a time in life you stepback only to move forward,i belief Nigeria will rise again.

Jesus.. Meanwhile..

Ignorant post. What is driving the exchange rate?. Nigerians have a lot of money to spend on foreign goods . They are going through other African currencies to get to their destination currency which is DOLLARS.
It is too much wealth that is the cause. The Naira is overvalued.

The gambia dat we were using to claim jasbon sef pas us

Adminisher:
Ignorant post. What is driving the exchange rate?. Nigerians have a lot of money to spend on foreign goods . They are going through other African currencies to get to their destination currency which is DOLLARS.
It is too much wealth that is the cause. The Naira is overvalued.

ZONE B

i would go control myself if what the op brought up is true..

ipob full everywere on the internet playing shenanigans with peoples mind..

darknetcom:
i would go control myself if what the op brought up is true..

ipob full everywere on the internet playing shenanigans with peoples mind..

Google can help you.
http://coinmill.com/LSL_NGN.html#LSL=1

Ghana re-indeximalize Cedis...

menwongo:


Am confused as well. Common Ghana (Ghana must go)

Thawarplay:
How Cedis take high than naira?

since when... Almost two years running... It was almost 120 last year.

it could be a good thing though for nigerians that are into export not import..

Adminisher:
Ignorant post. What is driving the exchange rate?. Nigerians have a lot of money to spend on foreign goods . They are going through other African currencies to get to their destination currency which is DOLLARS.
It is too much wealth that is the cause. The Naira is overvalued.

And the best way to go through is by suffering poor masses.

http://themoneyconverter.com/KWD/NGN.aspx

Na Ghana my eyes first find believing we still try only to use shame comot eye

we should use it to export more...this is what china does..

china regulaly devalue their money to export more...

this could realy become a good thing if we export more than import...

hamzakito:
Jesus.. Meanwhile..

Plz lets wait for May28 2017

this could be our opportunity to get out of recession..

export more!!!....

darknetcom:
this could be our opportunity to get out of recession..

export more!!!....

What do you want to export to those African countries?


To manufacture goods here ypu need Greenback to pay for Plants and Machineries and also to obtain some materials that are not available



Nigeria is doomed like Buhari

BlackSeptember:
What do you want to export to those African countries?


To manufacture goods here ypu need Greenback to pay for Plants and Machineries and also to obtain some materials that are not available



Nigeria is doomed like Buhari

food..aba is good in bags and shoes..

come on......

you dont need modern maschines to produce things..

una always want to become like europeans to start doing something..

but una are forgeting that the europeans started like you today doing stuff with their bare hands...

just admit you love to be in a office and aircondition blowing ya yansh...

Adminisher:
Ignorant post. What is driving the exchange rate?. Nigerians have a lot of money to spend on foreign goods . They are going through other African currencies to get to their destination currency which is DOLLARS.
It is too much wealth that is the cause. The Naira is overvalued.

I can cure you
Just hang in there
You just might use your brains again
Thank me in advance

1 Zimbabwean Dollar = 5 Naira

You are still a millonaire compared to citizens of some of those countries you mentioned


Their currency is equivalent of your kobo.