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Monitoring Dollar Rate Ourselves (CLOSELY) - Technology Market - Nairaland

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Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 7:59pm On Feb 28, 2015
It's not news that the naira is no longer as strong as it was say 6 months ago, if at all we could call that strong. Anyways the purpose of this thread is for us to monitor closely, the actual exchange rate of the dollar and pounds. This is to help most of us that do alot of buying online know where the rate is at or at least have an idea before paying for anything online. Personally, the last time i bought something online (Dec 2014), i was charged $200 on the dot and what i had in mind was somewhere around 185 ish. These goods were already paid for so I couldn't actually go back to the clients and ask for a raise. Lol. (That was a joke incase u missed it). Anyways I ended up losing alot of money but on the bright side, I was Father Christmas to my clients as i bought those things and supplied them out of my own pocket. :p

So here is how this thread would run. (If the idea is ever met with warmth).
When you make a purchase online, of course you divide the amount in the alert you got from ur bank by the amount in dollars or pounds. This is common knowledge, but still. Then u post in the format below

Date: 28th February (or just write today if it is)
BANK: Ecobank
CARD TYPE: MasterCard
Currency: $
Rate: 217.5

Well, there it is. Cheers! smiley

12 Likes

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Dieumerci(m): 8:06pm On Feb 28, 2015
Alright. This would be helpful.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 8:11pm On Feb 28, 2015
Dieumerci:
Alright. This would be helpful.

I thought it would too, as it will help everyone. Even me.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by ibnquasale(m): 4:46am On Mar 01, 2015
Date: 28th February
BANK: Access Bank
CARD TYPE: VisaCard
Currency: $
Rate: 211

1 Like 1 Share

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by ibnquasale(m): 6:41am On Mar 01, 2015
Date: March 1
BANK: GTBANK
CARD TYPE: MasterCard
Currency: $
Rate: 208.52

1 Like

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Humblega(m): 9:55am On Mar 01, 2015
Interesting
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by kandrus: 10:02am On Mar 01, 2015
Interesting.. All purchases online suspended till dollar drops below 200

2 Likes

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 11:31am On Mar 01, 2015
kandrus:
Interesting.. All purchases online suspended till dollar drops below 200

Lol. You might have to wait for a while. Hopefully it ever happens.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by nymphomaniac(m): 12:48pm On Mar 01, 2015
good thread...bad state of our currency. the rate to the pound is even worse of
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 1:09pm On Mar 01, 2015
nymphomaniac:
good thread...bad state of our currency. the rate to the pound is even worse of

Lol. I used to shop on asos every month. But the last time i checked, pounds was 316. Sometime last week. Asos will chill for now. lol.

1 Like

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Thespecialone(m): 10:28am On Mar 02, 2015
March 2nd
Gtb master card
N208.51661 grin
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 11:14am On Mar 02, 2015
Bought an app from Apple App Store this morning. $8.99

Date: Today
BANK: Ecobank
CARD TYPE: MasterCard
Currency: $
Rate: 212.5 (before commission), 217.5 (After commission).

So bottomline, i got 2 alerts as Ecobank normally does.
First one - 1910.82
Second one - 47.77. (commission)
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by tonjeola(m): 12:39pm On Mar 02, 2015
ibnquasale:

Date: 28th February
BANK: Access Bank
CARD TYPE: VisaCard
Currency: $
Rate: 211
ibnquasale:
Date: March 1
BANK: GTBANK
CARD TYPE: MasterCard
Currency: $
Rate: 208.52
so GTbank better now, but before Access always buy my interest

1 Like

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 4:04pm On Mar 02, 2015
tonjeola:
so GTbank better now, but before Access always buy my interest

This thread will help me in knowing the next place I'll bank. For now, i use Ecobank only.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by ibnquasale(m): 5:00pm On Mar 03, 2015
tonjeola:
so GTbank better now, but before Access always buy my interest

My authentic boss, na so i see am ooo
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by tonjeola(m): 10:10pm On Mar 03, 2015
ibnquasale:


My authentic boss, na so i see am ooo
access charged me 207.4 this evening

1 Like

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 12:26am On Mar 04, 2015
tonjeola:
access charged me 207.4 this evening

Dats relatively lower..
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by tonjeola(m): 1:01pm On Mar 04, 2015
Stanley08:


Dats relatively lower..
i think so
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 1:04pm On Mar 04, 2015
tonjeola:
i think so

My friend said GTB charged him 218 just yesterday. Are u sure there aren't hidden charges or commisions you don't know about? I'm taking it's Access Bank Visa card yes?
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by tonjeola(m): 1:12pm On Mar 04, 2015
Stanley08:


My friend said GTB charged him 218 just yesterday. Are u sure there aren't hidden charges or commisions you don't know about? I'm taking it's Access Bank Visa card yes?
let me check my balance now and get back to you
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by tonjeola(m): 1:17pm On Mar 04, 2015
Stanley08:


My friend said GTB charged him 218 just yesterday. Are u sure there aren't hidden charges or commisions you don't know about? I'm taking it's Access Bank Visa card yes?
no hidden charges. that was what i was charged
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 2:58pm On Mar 04, 2015
tonjeola:
no hidden charges. that was what i was charged

Already decided to open an Access Bank account tomorrow. Lol.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by tonjeola(m): 3:43pm On Mar 04, 2015
Stanley08:


Already decided to open an Access Bank account tomorrow. Lol.
good idea
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by ozor1: 4:40pm On Mar 04, 2015
Stanley08:


Already decided to open an Access Bank account tomorrow. Lol.
what if they decide to go mad too,just like first bank??as at Jan,they were almost $10 cheaper than other banks.just get gtbank, they are more stable
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 5:50pm On Mar 04, 2015
ozor1:
what if they decide to go mad too,just like first bank??as at Jan,they were almost $10 cheaper than other banks.just get gtbank, they are more stable

Actually i have Access Bank account from Ghana and a visa card even and they always got good rates even there. And it's not ths first time someone recommended them. Also, i have plans to get a GT too. One at a time. Plus it's not possible for one bank to always always have the best rates. The idea is having as many options as possible.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by ibnquasale(m): 10:55pm On Mar 04, 2015
tonjeola:
access charged me 207.4 this evening
there head dom dey correect again be that....
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by mavinc4u(f): 8:36am On Mar 05, 2015
Stanley08:


Already decided to open an Access Bank account tomorrow. Lol.

Hmmm, Access bank? Your money is not safe there. Wait till you hear my gist besides they all have double charges, there is always what they call settlement at the end of any transaction. That settlement junction is only noticed by people with eagle eyes except that one will claim no hidden charges.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 8:58am On Mar 05, 2015
mavinc4u:


Hmmm, Access bank? Your money is not safe there. Wait till you hear my gist besides they all have double charges, there is always what they call settlement at the end of any transaction. That settlement junction is only noticed by people with eagle eyes except that one will claim no hidden charges.

Lol mate, if you have something to share, Please do. Dats the point of the thread. I'm gonna get an Access Bank account along with a couple others.

1 Like

Re: Monitoring Dollar Rate Ourselves (CLOSELY) by kandrus: 10:12am On Mar 05, 2015
I was also thinking of opening an access bank account.pls if you have any info.. Kindly share with us.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Nobody: 10:44am On Mar 05, 2015
I've been using access bank for almost 4yrs now, & I've got no regrets whatsoever.
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by Stanley08(m): 2:15pm On Mar 05, 2015
I called one of their branches around my area and the requirements are

1. Idenfication (Any of National ID, Voters Card, Diver's License, International Passport).
2. Proof of Address (Nepa bill or water bill not older than 3 months)
3. 2 recent passport photographs
4. Minimum of 2,000 naira, as 1,000 is operating fee of the account and the other 1K is for ur ATM card. But i asked for both Visa and Verve cards and Internet banking, so the guy said it was 3,100 for everything. I'll just use 4 or 5K.

Dats about it wink
Re: Monitoring Dollar Rate Ourselves (CLOSELY) by mavinc4u(f): 5:33pm On Mar 05, 2015
Stanley08:


Lol mate, if you have something to share, Please do. Dats the point of the thread. I'm gonna get an Access Bank account along with a couple others.

I will share but is a front page material which would need another thread. I will post the link here when am done with that.

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