ive noticed nigerians think high currency = good economy

and want a developing country with little industrial production like nigeria to have high currency. stupid.

in fact, as a nigerian your probably reading this without a clue of c\uhat im talking about.
anyways, in public, dont talk about currency, you'll hurt yourself.

typical nigerian in America, dude you swear you know everything about everything.

when in reality - you know NOTHING about nothing.

you are a WhiteNigerian. A Sellout. A brouha ha ha.

You are worthless to your people - because you do nothing to uplift them.

*******************************************

http://www.xe.com/ucc/convert.cgi?Amount=1&From=USD&To=NGN&image.x=52&image.y=14&image=Submit


1.00 USD = 150.650 NGN

Translation

$100 American dollars is Equal to $15,065.00 Nigerian Nairas

MandingoII:

typical nigerian in America, dude you swear you know everything about everything.

when in reality - you know NOTHING about nothing.

you are a WhiteNigerian. A Sellout. A brouha ha ha.

You are worthless to your people - because you do nothing to uplift them.

*******************************************

http://www.xe.com/ucc/convert.cgi?Amount=1&From=USD&To=NGN&image.x=52&image.y=14&image=Submit


1.00 USD = 150.650 NGN

Translation

$100 American dollars is Equal to $15,065.00 Nigerian Nairas

hahahahahah . . . Lol

in

fact, as a nigerian your probably reading this without a clue of c\uhat im talking about.
anyways, in public, dont talk about currency, you'll hurt yourself.

as a nigerian i dont think you actually have an idea what you are actually blabbing about. mr.currency.

This dude is a slowpoke

Dr Know:

This dude is a slowpoke

Na fight?

anyways as i was saying before these ppl came here and began behaving like they were breast fed by a penis, nigerians should talk about currency, other countries, and politics.

its always a mess when they speak on these things.

Oh my! with people like Ike around one no longer needs to pore through pages of dusty Dictionaries and Thesauruses.

Ikengawo:

ive noticed nigerians think high currency = good economy

and want a developing country with little industrial production like nigeria to have high currency. silly.

in fact, as a nigerian your probably reading this without a clue of c\uhat im talking about.
anyways, in public, dont talk about currency, you'll hurt yourself.

I get the point you are trying to make (strong currency does not mean strong economy - e.g. Japanese Yen), but I think you might have things mixed up. Nigeria imports almost everything except crude oil, so I believe a stronger Naira at this point in time would be in our favour. It is when you export much more than you import (e.g. Japan), that a weaker currency would favour you. What you also export and import (basic raw materials or higher value finished products) makes the difference. It isn't always as clear cut.

nigerians only option is to start producing and keep a weak currency, because if they remain unproductive AND start increase reserves excessively giving them a 'strong currency' they will forever remain unproductive cause industry will spill to the lower currency countries and skip nigeria.

Ikengawo:

nigerians only option is to start producing and keep a weak currency, because if they remain unproductive AND start increase reserves excessively giving them a 'strong currency' they will forever remain unproductive cause industry will spill to the lower currency countries and skip nigeria.

The strength of a currency isn't directly dictated by reserves, a lot of factors come into play but it all boils down to confidence.

well we can't deny that reserves boost confidence.
also, idk, does nigeria use the gold standard? you seem to know what you're talking about