25 African Countries Whose Currency Is Stronger Than Nigerian Naira - Nairaland / General - Nairaland
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| 25 African Countries Whose Currency Is Stronger Than Nigerian Naira by curvyqueen(f): 8:22pm On Mar 28, 2020 |
The reason why the value of naira falls is because it is mostly used only in Nigerian economy, therefore, it will never have value in other countries like the USD does. The USD is used all around the world and because there is more demand in the forex market, it means the USD will always increase in value. One way Nigerian can increase the value of the Naira is to increase tourism and culture by attracting more tourist into the country, when this is done, the demand for naira in the forex market will increase and the Naira will then increase in value. Here is a list of 25 African countries whose currencies are currently stronger than the Nigerian Naira, they include: First 6 countries will shock you. Details at: 6 African stronger currencies 7. Zambia: 1 kwacha = 18 Naira. 8. Botswana: 1 Pula = 18 Naira 9. Lesotho: 1 Loti = 14 Naira 10. Swaziland: 1 Lilangeri = 13 Naira 11. South Africa: Rand 1 = 13 Naira 12. Eritrea: 1 Nakata = 13 Naira 13. Namibia: 1 Dollar = 12 Naira 14. Seychelles: 1 Rupee = 12 Naira 15. Malawi: 1 kwacha = 11 Naira 16. Ethiopia: 1 Birr = 9 Naira 17. Mauritius: 1 Rupee = 6 Naira 18. Gambia 1 Dalasi = 5 Naira 19. Liberia: 1 Dinar = 4 Naira 20. Madagascar: 1 Ariary = 4 Naira 21. Mozambique: 1 Metical = 4 Naira 22. Kenya: 1 shilling = 3 Naira 23. Angola: 1 kwanza = 2 Naira 24. Cape Verde: 1 Escudo = 2 Naira 25. Algeria: 1 Dinar = 2 Naira 1 Like |
| Re: 25 African Countries Whose Currency Is Stronger Than Nigerian Naira by dawnomike(m): 8:24pm On Mar 28, 2020 |
Our currency is not encouraging at all!!! 1 Like |
| Re: 25 African Countries Whose Currency Is Stronger Than Nigerian Naira by psucc(m): 8:40pm On Mar 28, 2020 |
Where then lies our "Giant of Africa"? Looking at the word "Giant, keep away the first 2 letters and you know what Nigeria truly is. |
| Re: 25 African Countries Whose Currency Is Stronger Than Nigerian Naira by psucc(m): 8:48pm On Mar 28, 2020 |
"One way Nigerian can increase the value of the Naira is to increase tourism and culture by attracting more tourist into the country, when this is done, the demand for naira in the forex market will increase and the Naira will then increase in value" Op this paragraph leaves me wondering. Which do you think will bring in the Forex more faster? Boko Haram? Kidnappers? Herdsmen? Bandits? Ritualists? "Grasscutters"? "Lai Mohammed"? Blame? |
| Re: 25 African Countries Whose Currency Is Stronger Than Nigerian Naira by Kwamecron(m): 8:52pm On Mar 28, 2020 |
I see |
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