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What Are The Basic Of Valuation Of A Countries Currency - Nairaland / General - Nairaland

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What Are The Basic Of Valuation Of A Countries Currency by jaeyking(m): 4:30pm On Nov 25, 2021
Nairalanders who are experts in economy.
What do you think are the basics in the evaluation of a countries currency.
I discovered the following
1 Chinese yuan is about 64 naira
1 japanese yen is about 3 naira.
1 south Korean won is about 34 KOBO.

All the above mentioned countries have better Human development index than most European countries and better economy.
Yet their exchange rate is low.

Moving further
You would see
1 Ghana cedis about 67 naira

Moderators pls can you move to front page
Cc
Mynd44
Lalasticlala

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