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Naira Appreciates To ₦‎1,650/$ At Parallel Market - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Appreciates To ₦‎1,650/$ At Parallel Market (18752 Views)

Naira Appreciates To N1,250/$ At Parallel Market / Naira Appreciates To ₦‎1,280/$ At Parallel Market / Naira Appreciates To N756.61/$ On Investors & Exporters' FX Window (2) (3) (4)

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Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Deogratiasfx: 2:55pm On Feb 27
jmoore:


Novice, wetin you know? 1,600 is making you high. How much was it on July 31st 2023?

Dollar will hit above 2,500 naira before Dec 31st 2024. Save this post.

Leave them.... while we pray Nigeria gets better but this is certainly not going to work. They are just managing it. But for how long, is the issue.
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by nairalanda1(m): 2:55pm On Feb 27
pipnator00:
To be honest, the government have done well to bring the rate down to 1600 from 1900.
Whatever they did to bring it down, they should sustain it and as well do more to bring it further down to at least 800.
I am of the view that Naira/USD$ will close at over NGN2500 by end of this year if nothing is down by the government.
I sincere dont want that to happen because it will mean more suffering to the people.

They used money from our scarce forex to keep things up. It still doesn't change nothing.

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Mayeldah(m): 2:56pm On Feb 27
Until they return it to where it was in 2014 when they took over, they are just wasting time

Foolish people

3 Likes 1 Share

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Geovanni412(m): 2:56pm On Feb 27
siraj1402:
I bet an average crypto/forex trader doesn't want the naira to come down, they only realise there is a problem when they want to buy things.

It's not about what they want

It's about the reality

Things can never change in Nigeria unless they stop the governors from changing their bulk security fund votes to dollars

Stop politicians from moving dollars in Ghana -must- go- bags and arrest bank officials that aid them

Till then, all na story

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by vickydevoka(m): 3:02pm On Feb 27
Paraman:
The people who want it to be more than 2k to a $ will still wail in anger and gnash their teeth
Are u ok?
Something that is suppose to be 700 at most
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Truvelisback(m): 3:04pm On Feb 27
Ethnicity is the problem of Nigeria. Ethnicity will make u see Black, make u call am white. For crying out loud, has it reduced the severe cost of living? Untop something wey go still go up. grin

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Paraman: 3:05pm On Feb 27
vickydevoka:

Are u ok?
Something that is suppose to be 700 at most
Bring out your wand and wave it so it will become 700/$

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Advancedman(m): 3:06pm On Feb 27
postbox:


https://brandspurng.com/2024/02/27/naira-appreciates-to-n1650-at-parallel-market/

Pls don't use appreciate for Naira until dollar becomes 187 Naira.
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by ValarDoharis: 3:07pm On Feb 27
It was this same praise-singing you did for Buhari that gave him the audacity to sell crude into the future. You're practicing the same idolatry with Tinubu
haffaze777:



Wailing is their calling,please allow them to do what they're destiny for
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by ClearFlair: 3:09pm On Feb 27
Paraman:
The people who want it to be more than 2k to a $ will still wail in anger and gnash their teeth


And the people who have never seen dollars should stop making noise
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Bassmetrics: 3:10pm On Feb 27
Whatever happens to exchange rate, Dollar income-earners in Nig will always ball. If you know you know....

There are many "legitimate" ways to earn in dollars. Find one that suits you and start.
Wise up!
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by StOla: 3:12pm On Feb 27
jmoore:


Novice, wetin you know? 1,600 is making you high. How much was it on July 31st 2023?

Dollar will hit above 2,500 naira before Dec 31st 2024. Save this post.

I have saved it.
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by ValarDoharis: 3:13pm On Feb 27
Oturugbeke!

Below this? Yeye dey smell
LegendHero:
Something that is already below #1600.

2 Likes

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by ValarDoharis: 3:13pm On Feb 27
It will get to 2k or 2.5k
spiSeyi:
Those who bought @ 1,800 expecting to sell @ 2k + in the mud grin. Naira is more volatile than crypto and it's not going to 2k anytime soon cool

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by imoh4king(m): 3:22pm On Feb 27
siraj1402:
I bet an average crypto/forex trader doesn't want the naira to come down, they only realise there is a problem when they want to buy things.

Fortunately, the Nigerian inflationary margin wont affect them.
My lips are sealed.
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by 43Ronin: 3:22pm On Feb 27
Appreciate or depreciate. Was it not 1500 before now. Propaganda dey keep shipping out. Since when did you start giving week-on- week reports? Just say na
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by 43Ronin: 3:23pm On Feb 27
jmoore:


Novice, wetin you know? 1,600 is making you high. How much was it on July 31st 2023?

Dollar will hit above 2,500 naira before Dec 31st 2024. Save this post.
Bro it will get to 5k by December they are clueless
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by niyilolawa34798: 3:26pm On Feb 27
I believe in Tinubu's government!Things will definitely ease off and get well in the latter days.I believe in Tinubu's government!Things will definitely ease off and get well in the latter days....

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by ajepako(f): 3:29pm On Feb 27
Imagine dancing for joy because Naira is sold for 1,650?

Something APC went bunker with PDP for being sold at N219 in 2015?

Just imagine how low APC sank Nigeria in 8 years?

ENKR seh!

3 Likes

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Bbbwings: 3:30pm On Feb 27
Thank you o
400 to 700 to 1900
We should have party it is 1650 grin
Clowns everywhere

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by fxexperts: 3:33pm On Feb 27
LadyExcellency:
The government should stop printing cash. This will be the best monetary policy in over a century.

The Argentine president has banned the printing of cash and is advocating stiffer punishment for the Central Bank Governor who prints money as a form of monetary policy without recourse to the laws and the constitution.
You are among one of the few Nigerians who actually have sense. i do not know why most people are just chasing shadows.
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by viodemus: 3:35pm On Feb 27
If na that hausa man, he go say na patchu patchu economics.

E dun cast.
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by femi4: 3:37pm On Feb 27
Paraman:
The people who want it to be more than 2k to a $ will still wail in anger and gnash their teeth
You are living in denial, it will get there and surpass it.

You can't use a quick fix for a faulty foundation
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by IamaNigerianGuy(m): 3:37pm On Feb 27
Paraman:
The people who want it to be more than 2k to a $ will still wail in anger and gnash their teeth

Idiots like you are first to comment. What rate did Jonathan leave it ?
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Maxtipulation(m): 3:44pm On Feb 27
If you hear wallahi tallahi know that is na lie they lied
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by spiSeyi: 3:46pm On Feb 27
ValarDoharis:
It will get to 2k or 2.5k
Bookmark this dollar will trade within 800-1000

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by nawaforyouo: 3:47pm On Feb 27
Mayeldah:
Until they return it to where it was in 2014 when they took over, they are just wasting time

Foolish people

Dont worry, it will soon be 2014 naira to 1 dollar grin
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by spiSeyi: 3:48pm On Feb 27
Dyfynezz12:

Lol😂 I knew som1 who bought at 1400 he still smiled to the bank.
The next time dollar will uppercut naira it will drop it at 2000# to 1$
Watch nd see
If you know some basis of economics and monetary policies you won't be saying this with the recent development by the CBNgrin grin
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by nawaforyouo: 3:49pm On Feb 27
spiSeyi:

If you know some basis of economics and monetary policies you won't be saying this with the recent development by the CBNgrin grin

story grin
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by InvertedHammer: 3:51pm On Feb 27
fineboynl:
It's responding to the recently dollars pump into the market. How many times will naira appreciate against the dollar?

Dollar will still respond back.

/
Someone is even celebrating $ @ N1650 as a big improvement. People sef. grin grin grin grin
Short memory is worse than cancer indeed.

/
Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by spiSeyi: 3:53pm On Feb 27
nawaforyouo:


story grin
Naira will further appreciate I said this 2 weeks back and Naira has started growing , if the mainstream refineries in Nigeria come up before the end of 2nd quarter. Naira will trade within the range of 800-1000. Naira will regain its strength watch and see cool

1 Like

Re: Naira Appreciates To ₦‎1,650/$ At Parallel Market by Creeknigga(m): 4:04pm On Feb 27
Paraman:
The people who want it to be more than 2k to a $ will still wail in anger and gnash their teeth
You people are very funny and myopic.
Most of us knows that if the naira starts appreciating, you people will suddenly find your voice.
Funny people.
We will all be happy for the economy to get better but you all should be aware that even if the exchange rate drops to #600/$, it doesn't erase the fact that APC government has been nothing but a failure.
Until the economy goes back to how it was during the time of GEJ or even better, then we can start singing their praise.

1 Like

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