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Naira Exchange Rate Vs Other African Countries Currencies - Business - Nairaland

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Compare Nigeria's Naira To Other African currencie and Be Shocked At The Result. / Naira Exchange Rate Against Dollar, Pound And Euro / Today's Naira Exchange Rate (2) (3) (4)

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Naira Exchange Rate Vs Other African Countries Currencies by crestedaguiyi: 5:28pm On Sep 13, 2016
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

Even the worst economies of Africa now have more valuable currencies than us.

As at today $1 = N450.
8 months ago it was N200.

N1,000,000 is less than $2,300

1 Like

Re: Naira Exchange Rate Vs Other African Countries Currencies by izuch(m): 5:35pm On Sep 13, 2016
Abeg which African country's currency naira get value pass? undecided
Re: Naira Exchange Rate Vs Other African Countries Currencies by Emmaoga: 5:41pm On Sep 13, 2016
am speechless...
even KENYA?.

this administrations economic team are busy plotting demand and supply graph on a Velocity time graph.

2 Likes

Re: Naira Exchange Rate Vs Other African Countries Currencies by Hbuyosh(m): 5:44pm On Sep 13, 2016
Emmaoga:
am speechless...
even KENYA?.

this administrations economic team are busy plotting demand and supply graph on a Velocity time graph.

Kenya's currency has always been stronger than Nija's, since Babanginda's era. Is this news to u?
Re: Naira Exchange Rate Vs Other African Countries Currencies by Emmaoga: 5:50pm On Sep 13, 2016
Hbuyosh:
Kenya's currency has always been stronger than Nija's, since Babanginda's era. Is this news to u?

talking as if you were Babangida's economic adviser/coordinator
Re: Naira Exchange Rate Vs Other African Countries Currencies by GoggleB(m): 5:51pm On Sep 13, 2016
Even Eritrea

Zambia

Seychelles

and Madagascar currency is better than naira
Re: Naira Exchange Rate Vs Other African Countries Currencies by LMFashions: 5:52pm On Sep 13, 2016
izuch:
Abeg which African country's currency naira get value pass? undecided

Maybe Swaziland, Niger, Chad etc

Modified:

1 Swazi Lilangeni equals 21.79 Nigerian Naira

1 Like

Re: Naira Exchange Rate Vs Other African Countries Currencies by GoggleB(m): 5:54pm On Sep 13, 2016
LMFashions:

Maybe Swaziland, Niger, Chad etc
Swaziland currency get value pass Naira
Re: Naira Exchange Rate Vs Other African Countries Currencies by GoggleB(m): 5:54pm On Sep 13, 2016
As at 2015 1 naira was equal to 26 Zambia kwacha..
Even naira was better than Malawi's currency as at 2015.

Naija currency has finally crumbled so called giant of Africa...


cc lalasticlala
mynd44
Fynestboi

move this to FP Abeg Nigerians shud see..

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Re: Naira Exchange Rate Vs Other African Countries Currencies by Hbuyosh(m): 5:58pm On Sep 13, 2016
Emmaoga:


talking as if you were Babangida's economic adviser/coordinator
It is the truth. That is the period when Nigeria's currency turmoil begun, it had to be devalued.
Re: Naira Exchange Rate Vs Other African Countries Currencies by LMFashions: 6:08pm On Sep 13, 2016
GoggleB:

Swaziland currency get value pass Naira

Then maybe Sao Tome and Principe
Re: Naira Exchange Rate Vs Other African Countries Currencies by borntosuccess(m): 6:11pm On Sep 13, 2016
now dis is scary
Re: Naira Exchange Rate Vs Other African Countries Currencies by GoggleB(m): 6:34pm On Sep 13, 2016
LMFashions:

Then maybe Sao Tome and Principe
Exactly
Re: Naira Exchange Rate Vs Other African Countries Currencies by uboma(m): 6:38pm On Sep 13, 2016
Hbuyosh:
Kenya's currency has always been stronger than Nija's, since Babanginda's era. Is this news to u?


You are right.

Just last year August, it was 1 Kenyan Shilling to 2NGN

Now it is 3NGN to 1 Kenyan Shilling.
Re: Naira Exchange Rate Vs Other African Countries Currencies by crestedaguiyi: 7:28pm On Sep 13, 2016
Someone should plan invite passingshot and his co defenders of the DD.

I need his input on this.

How can families go on vacation this Christmas with the possibility of 1usd equalling 1000 naira.
Re: Naira Exchange Rate Vs Other African Countries Currencies by oyinkinola: 8:28pm On Sep 13, 2016
[s]
crestedaguiyi:


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

Even the worst economies of Africa now have more valuable currencies than us.

As at today $1 = N450.
8 months ago it was N200.

N1,000,000 is less than $2,300
[/s]
...you people were so funny, compare anything Nigeria against any African nation's is ridiculous!
SA is the pretend African most economics powerful today, if Nigeria torch one of her business in Nigeria,it will be down economically!
If Nigeria rectify her cooperation with many African states, they will pull down....electricity and trade!
if the Nigeria millions looted $ withdraw from SA central bank, nothing will be left for her to talk of economics power!
etc!

1 Like

Re: Naira Exchange Rate Vs Other African Countries Currencies by crestedaguiyi: 9:03pm On Sep 13, 2016
oyinkinola:
[s][/s]
...you people were so funny, compare anything Nigeria against any African nation's is ridiculous!
SA is the pretend African most economics powerful today, if Nigeria torch one of her business in Nigeria,it will be down economically!
If Nigeria rectify her cooperation with many African states, they will pull down....electricity and trade!
if the Nigeria millions looted $ withdraw from SA central bank, nothing will be left for her to talk of economics power!
etc!

You must be ademusiwa blood brother because I can't make sense out if your rambling.

Tell us were those CURRENCIES stood against the naira by this time last year 2015

1 Like

Re: Naira Exchange Rate Vs Other African Countries Currencies by oyinkinola: 9:30pm On Sep 13, 2016
crestedaguiyi:


You must be ademusiwa blood brother because I can't make sense out if your rambling.

Tell us were those CURRENCIES stood against the naira by this time last year 2015
...it's economics ignorant to use the currency to rate the economics power of any nation against other nation!
give-out the yuan china to Naira! whereas, China is an economics super power!
2015 you are talking about it's all delusion, because it's the value of oil in the market you reading as the real value of the Naira! and when the oil value is down, Naira is down as well! that's the logic.
Also, today hardship upon the $ is a price of cooperation and tradition Nigerian pay today, if not where not forced to use to $, we can easily changed to do with other developed least powerful currencies to Naira as the main money for transaction ...China, japan, Indian etc!
Re: Naira Exchange Rate Vs Other African Countries Currencies by crestedaguiyi: 10:02pm On Sep 13, 2016
oyinkinola:

...it's economics ignorant to use the currency to rate the economics power of any nation against other nation!
give-out the yuan china to Naira! whereas, China is an economics super power!
2015 you are talking about it's all delusion, because it's the value of oil in the market you reading as the real value of the Naira! and when the oil value is down, Naira is down as well! that's the logic.
Also, today hardship upon the $ is a price of cooperation and tradition Nigerian pay today, if not where not forced to use to $, we can easily changed to do with other developed least powerful currencies to Naira as the main money for transaction ...China, japan, Indian etc!

So Nigeria is the only country that exports oil in Africa that other African currencies had to gain more value over her currency due to the fall in oil price. Some of you are without shame and honour.

The Japanese yen and Chinese yuan are regularly devalued by the govt for obvious reasons.

Is it the fall in oil price that closed aero airline and other foreign companies that have left Nigeria in the last one year .

1 Like

Re: Naira Exchange Rate Vs Other African Countries Currencies by oyinkinola: 10:23pm On Sep 13, 2016
crestedaguiyi:


So Nigeria is the only country that exports oil in Africa that other African currencies had to gain more value over her currency due to the fall in oil price. Some of you are without some and honour.

The Japanese yen and Chinese yuan are regularly devalued by the govt for obvious reasons.

Is it the fall in oil price that closed aero airline and other foreign companies that have left Nigeria in the last one year .


...If Nigeria as it's Naira is not all that valuable to world why swiss, USA, SA sit on our looted assets and refused to return $800million! + back to us?(810,000,000*450)=₦?
if you said some one is poor, you return the money you owe her first!
Re: Naira Exchange Rate Vs Other African Countries Currencies by ThunderingHooves: 8:52am On Sep 14, 2016
Emmaoga:
am speechless...
even KENYA?.

this administrations economic team are busy plotting demand and supply graph on a Velocity time graph.

Kenyan shilling has always been stronger than the naira since the 80s and the end of the oil boom. A friend once told me the easiest way to tell if a currency has value is if they still use coins in circulation.
check this out :

Re: Naira Exchange Rate Vs Other African Countries Currencies by Nobody: 10:01am On Sep 14, 2016
The one wey dae pain me pass na say nothing dae pain me...

Blessed is the man that expects nothing, for he shall never be disappointed..
Abeg who know how i fit enter Brazil
Re: Naira Exchange Rate Vs Other African Countries Currencies by oyinkinola: 10:13am On Sep 14, 2016
ThunderingHooves:

Kenyan shilling has always been stronger than the naira since the 80s and the end of the oil boom. A friend once told me the easiest way to tell if a currency has value is if they still use coins in circulation.
check this out :
but why Nigerian didn't use coins?
Re: Naira Exchange Rate Vs Other African Countries Currencies by Pavore9: 10:35am On Sep 14, 2016
uboma:



You are right.

Just last year August, it was 1 Kenyan Shilling to 2NGN

Now it is 3NGN to 1 Kenyan Shilling.

It is now over N4! As at this morning someone in Nairobi collected 20,000ksh in exchange of N83,000 he had someone pay into a Nigerian bank account!
Re: Naira Exchange Rate Vs Other African Countries Currencies by crestedaguiyi: 10:39am On Sep 14, 2016
Pavore9:


It is now over N4! As at this morning someone in Nairobi collected 20,000ksh in exchange of N83,000 he had someone pay into a Nigerian bank account!


better not be true.
Re: Naira Exchange Rate Vs Other African Countries Currencies by Pavore9: 10:49am On Sep 14, 2016
crestedaguiyi:



better not be true.



The 20,000ksh is about $198, oya multiply the $198 with the present dollar rate in Nigeria!
Re: Naira Exchange Rate Vs Other African Countries Currencies by akeensbussy(m): 11:51am On Sep 14, 2016
Why do I compare a Nation currency to its development....
Have I consider South Korean Won to a dollar.
1 U.S. dollar = 1 124.85939 South Korean won
1 U.S. dollar = 304.65365070875 Nigeria Naira.
Now tell me which of these country is richer or which currency is more valuable?
Re: Naira Exchange Rate Vs Other African Countries Currencies by MAXIMAL123(m): 2:42pm On Sep 14, 2016
All these happens because of this Economy Recession and very soon things will be alright and our great Naira will regain Her great values
Re: Naira Exchange Rate Vs Other African Countries Currencies by uboma(m): 6:03pm On Sep 14, 2016
Pavore9:


It is now over N4! As at this morning someone in Nairobi collected 20,000ksh in exchange of N83,000 he had someone pay into a Nigerian bank account!


Very sad...

Which way Nigeria?

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