NAIRA EXCHANGE RATE vs AFRICAN COUNTRIES

Dear Nigerians, I don't want to make you sad but just take a look. If you have seen it before, take a 2nd look:

South Africa: Rand 1= 79 Naira 

Angola: 1 kwanza = 12 Naira

Botswana: 1 Pula = 28 Naira
Cape Verde: 1 Escudo = 8 Naira
Algeria: 1 Dinar = 12 Naira
Egypt: 1 Pound = 35 Naira
Eritrea: 1 Nakata = 18 Naira
Ethiopia: 1 Birr = 19 Naira
Ghana: 1 Cedi = 56 Naira
Gambia 1 Dalasi = 9 Naira
Kenya: 1 shilling = 6 Naira
Liberia: 1 Dinar = 8 Naira
Lesotho: 1 Loti = 19 Naira
Libya: 1 Dinar = 156 Naira
Morocco: 1 Dirham = 176 Naira
Madagascar: 1 Ariary = 14 Naira
Mauritius: 1 Rupee = 16 Naira
Malawi: 1 kwacha = 21 Naira
Mozambique: 1 Metical = 24 Naira
Namibia: 1 Dollar = 32 Naira
Seychelles: 1 Rupee = 22 Naira
Sudan: 1 pound = 42 Naira
Swaziland: 1 Lilangeri = 19 Naira
Tunisia: 1 Dinar = 150 Naira
Zambia: 1 kwacha = 28 Naira.

Even the worst economies of Africa now have more valuable Exchange rate than us in a reports gathered by VoiceAirMedia.
As at today $1 = N370
€1 = N450
£1 =N540
N1,000,000 is less than $4000.
https://www.voiceairmedia.com/2019/01/naira-exchange-rate-vs-african-countries.html

Okay

2

Nigeria

That's why if you earning a "meager $500" per months, you can easier afford to travel to a country like Nigeria and have first class services. But if you are earning a "whooping N60,000" per month, you may not be able to travel to some of the poorest countries in the world.