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The Sorry State Of Nigeria's Currency; These Findings Will Shock You - Business - Nairaland

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The Sorry State Of Nigeria's Currency; These Findings Will Shock You by ijaw1stson: 11:07am On Feb 23, 2016
I received this last night and was humbled. ...we have been deeply concerned about dollar exchange rate mainly because of the stock market but how many of you have actually thought of the value of our naira in relation to other African countries?

EXCHANGE RATE... AFRICA.
South Africa: Rand 1 = 13 Naira
.
Angola: 1 kwanza = 2 Naira
.
Botswana: 1 Pula = 18 Naira .
Cape Verde: 1 Escudo = 2 Naira
.
Algeria: 1 Dinar = 2 Naira
.
Egypt: 1 Pound = 25 Naira .
Eritrea: 1 Nakata = 13 Naira
.
Ethiopia: 1 Birr = 9 Naira
.
Ghana: 1 Cedi = 50 Naira .
Gambia 1 Dalasi = 5 Naira
.
Kenya: 1 shilling = 3 Naira
.
Liberia: 1 Dinar = 4 Naira .
Lesotho: 1 Loti = 14 Naira
.
Libya: 1 Dinar = 146 Naira
.
Morrocco: 1 Dirham = 146 Naira .
Madagascar: 1 Ariary = 4 Naira
.
Mauritius: 1 Rupee = 6 Naira
.
Malawi: 1 kwacha = 11 Naira .
Mozambique: 1 Metical = 4 Naira
.
Namibia: 1 Dollar = 12 Naira
.
Seychelles: 1 Rupee = 12 Naira .
Sudan: 1 pound = 32 Naira
.
Swaziland: 1 Lilangeri = 13 Naira
.
Tunisia: 1 Dinar = 100 Naira .
Zambia: 1 kwacha = 18 Naira


I weep
Re: The Sorry State Of Nigeria's Currency; These Findings Will Shock You by ayourbamie: 11:48am On Feb 23, 2016
dear economists... what does this mean to the Nigerian economy? how will it affect the citizens. God bless Nigeria.
Re: The Sorry State Of Nigeria's Currency; These Findings Will Shock You by 9jatriot(m): 6:23pm On Feb 23, 2016
this ur list is suspicious. during d time of ghadaffi, Libya exchanged with us at 46 how come it is now 146 as a war torn country

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