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Nairaland Forum / Nairaland / General / Business / Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. (58248 Views)
Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg / See Why The Nigeria Naira Is Rapidly Depreciating Against The Dollar / Matches: I Am Shocked After Seeing This In Nigeria (photo) (2) (3) (4)
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Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by lucianohase(m): 8:49pm On Oct 15, 2017 |
Freetech:I wasn't happy after seeing the post but thank God u v explained it better as an economist. Honestly, Nigeria has to sit up! 1 Like |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Nobody: 8:50pm On Oct 15, 2017 |
Zenithpeak:ur thinking is that monetary value is amount u get in comparison with other currencies. its wrong. monetary value is the value of what u can buy with a little amount of money. |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by madgoat(m): 8:50pm On Oct 15, 2017 |
Even Sudan's currency is stronger than ours. Negodu Buhari |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Capital247: 8:50pm On Oct 15, 2017 |
This is a refection of the rate of naira to US dollar, there is no direct quote of these currencies listed against naira. And moreover as commented by some NL the true value of currencies is showed in it purchasing power..... You can not make any conclusion about the strength of naira against all this currencies without evaluating the purchasing power, the interest rate, inflation rate etc Zenithpeak: 1 Like |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Kog45(m): 8:52pm On Oct 15, 2017 |
Just30:1 cedi is for Pepsi but coke my guy 350 naira 1 Like |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Zenithpeak(m): 8:53pm On Oct 15, 2017 |
shervydman: I guess you are a science student. 1 Like |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by CocoaOla: 8:54pm On Oct 15, 2017 |
naira as lost it's value inflation killed it |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Pavore9: 8:58pm On Oct 15, 2017 |
ENDTIMEgist: Bread is cheaper in Kenya as wheat and milk costs less. I buy a litre of fresh pasteurized milk for N240 and a kilo of wheat to take along with soups for N205. 1 Like |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by mofedamijo(m): 9:00pm On Oct 15, 2017 |
Dee60:Thanks alot boss......am ashamed Graduates cant phantom this,but will blame everyone for thier predicament....u fo well 1 Like |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Just30: 9:01pm On Oct 15, 2017 |
Kog45:a bottle of coke cost 1 cedi and retailers retail it at 1.99 cedis |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by CocoaOla: 9:02pm On Oct 15, 2017 |
some Nigerian are too lousy I travel to most of this African countries I noticed our naira is losing values and purchasing power inflations everywhere 1 million naira hardly do good thing now adays compare to two years ago Nigerians are dumb 2 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Zenithpeak(m): 9:04pm On Oct 15, 2017 |
shervydman: You are not seeing it from the perspective that Naira is in a rollercoaster, it won't stop until the end. The purchasing power is weak and its a bearish trend. Let's break it down; Minimum wage in Nigeria is #18,000 kindly spread over the course of 30days for a family of five. What is strength of our Naira? |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Nobody: 9:06pm On Oct 15, 2017 |
Pavore9: Waoh that's really cheap |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Diso60090(m): 9:07pm On Oct 15, 2017 |
Zenithpeak:bros sorry ooh you forget put Zimbabwe own |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by giles14(m): 9:08pm On Oct 15, 2017 |
Zenithpeak:Japan the world 3rd largest economy but weak against other G7 currencies |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by CocoaOla: 9:09pm On Oct 15, 2017 |
why are you guys complaining that 18,000 naira minimum wages is too small because it's is valueless Nigerian are dumb the purchasing power is close to zero Mumu Nigerians 3 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Teeboi56: 9:09pm On Oct 15, 2017 |
Na wao our naira is d most worst currencie I ever seen Even Cape Verde way be say their population is 150,000 their currencie still pass us Same on Nigeria |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by AngelicBeing: 9:10pm On Oct 15, 2017 |
NwaAmaikpe:Hian, you have started again with your jugunu analysis 2 Likes
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Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by yhemster(m): 9:11pm On Oct 15, 2017 |
The OP doesn't understand economics to say the least. ***Misinformation at it's best. 2 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by CocoaOla: 9:23pm On Oct 15, 2017 |
ny brother is a cleaner in libya when he converts is little monthly pay to naira it amounts NGN600000 naira Nigerian are mumu your naira is shits 2 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by onunwa21(m): 9:26pm On Oct 15, 2017 |
They told us to patronize made in Nigeria products while our president travel abroad for treatment. Lie Muhammad told us despite receiving treatment abroad, PMB still takes made in Nigeria drugs hence with this way, we can enhance our naira. |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Zenithpeak(m): 9:30pm On Oct 15, 2017 |
CocoaOla: Don't mind them, instead of facing the reality they are shouting misinformation up and down. 4 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Trendishine: 9:32pm On Oct 15, 2017 |
even sudan, dat had been at war?.....n many of u ediots are talking about 2019 election and zoning...ediots...una never know una problem yet....tear-up the gaddam contraption, tear up d evil business scam of heartless and visionless nigerian politicians and makaranta politicians from right, left ,CENTER , who are Under the possession of a very demonic Persian evil .. n take power by the people/masses/numbers, give all protectorate/region its on sense of belonging and responsibility as it has been of the old, and let all region have it own government and parliament as the very British dat colonised this crazy contraption practise, but are not pushing on this government the truth because of the vampires, selfish and barbaric goons u have as politicians in bad government....let all region be a stirrer of their own fate.. no region wld refuse, not even the north, its the demonic politicians who dont want dat, n dnt wanna forfeit their criminal exploitating positions in government, fanning groups and claiming to speak for the very people they oppress,....if not. why do they have boko-haram? y is it winning the interest of most of its fighters? DISCONTENTMENT NIGGERS..!!, Anger , hatred for their political elites of the north..that has reduced them to ash dusty destitutes/ almajiris...dsame thing virtually all this dickheads(from d north) , who occupy a huge number of positions in dis country are wanting to turn nigeria into..a dusty northern cesspit...as they gallivant in looting spree....n u think this rubbish this ediots have been promising to fix since dodan barracks, the asssholes would fix by 2019?, wether apc or pdp?...if you all jokers dont start talking of a dismemberment, heavy entirely overhauled fragmentation/restructure to regional government, or entire harmless break-out,... you all, especially d south, are on a veeeerrrrrryyyy loooooong thing, trust me...una wan carry power give back to dis ediot politicians,...una dey craze,all of una.....una mumu neva do.....scatter the center of shambolic government /highway robbers in offices and bring the power close to the people in their region. let us fight our politicians at home,write our own constitution and chose, in vote, our desired style of governance and experience real citizenry...all this are in d hands of we, you ,the people...the kingdom suffereth violence for too long, and only the violent taketh it by force..if una dey wait for these rouge mouth politicians, wey we dey see today,don dey see since, una mumu neva do....things has fallen apart,.. n now, no part of the center can ever hold..i tot of buhar b4 , but now am very clear that everything is beyond dat old lurk, n his helplessly a bigot ..there is no peace for the wicked , and nigerian government has been for years wicked enough..una dey plan 2019 again untop dis demonic constitution?..all of una dey mumu.........set you priorities right, blackheads......dnt let any of them deceive you, none of dem can revamp this country under any means or dia present practice and system of convoy and sirens.....THE EDIOT POLITICIANS ARE PRACTICAL POLITICAL JObBERS....IF NA LIE,LOOK AT UR COUNTRY TODAY, WETIN YOU DEY SEE?..LOOK AT YOUR GOVERNMENT, DIA RECORDS FROM STATE , MINISTRY, GOVERNORS, LOCALITY , THEIR MOUTH , UR POLICE , YOUR CURRENCY, YOUR SOCIETY , THEIR PROMISES , WAT U READ ON THE NEWSPAPER DAILY'S AND ALL....WAT DO U SEE?......NA ME GO TELL U TO WASH UNA EYES?.....SORRY NIGERIANS... 2 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Efomeh2020(m): 9:37pm On Oct 15, 2017 |
The naira is still strong inspite of the rate. Imagine buying one bag of sachet water in Ghana for #600. |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by GavelSlam: 9:41pm On Oct 15, 2017 |
Afam4eva: Your explanation means the Naira strengthened. 2 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Nobody: 9:43pm On Oct 15, 2017 |
Giant of Africa |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Nobody: 9:43pm On Oct 15, 2017 |
CocoaOla: when are you going to Libya to make 600,000# abi Naija never tire you? 1 Like |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Zenithpeak(m): 9:49pm On Oct 15, 2017 |
Trendishine: Guy,..... You too dey vex! ....... take chill � pill 2 Likes |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Ncsamuel(m): 9:51pm On Oct 15, 2017 |
Sometimes i wonder why God dont even bless us with good leaders |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by badmotherfucker: 9:52pm On Oct 15, 2017 |
Not a good way to talk about your country bro, what will you say about your child if he graduates with third class. Public disagrace? Be cool. I'm proud to be Nigerian NwaAmaikpe: 1 Like 1 Share |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by CocoaOla: 9:53pm On Oct 15, 2017 |
ENDTIMEgist:I'm not in Nigeria for your information Sir |
Re: Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. by Ncsamuel(m): 9:54pm On Oct 15, 2017 |
Teeboi56:cape verde's population is 546,000 |
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