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Nairaland Forum / Nairaland / General / Politics / Nigerian Naira Fast Becoming The Weakest Currency In Africa (524 Views)
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Nigerian Naira Fast Becoming The Weakest Currency In Africa by Veqtor: 11:33am On Apr 23, 2021 |
NIGERIAN NAIRA FAST BECOMING THE WEAKEST CURRENCY IN AFRICA AND THE WORLD AT LARGE South Africa: Rand 1= ₦79 Angola: 1Kwanza = v₦12 Botswana: 1Pula = ₦28 Cape Verde: 1Escudo = ₦8 Algeria: 1Dinar = ₦12 Egypt: 1Pound = ₦35 Eritrea: 1Nakata = ₦18 Ethiopia: 1Birr = ₦19 Ghana: 1Cedi = ₦56 Gambia 1 Dalasi = ₦9 Kenya: 1Shilling = ₦6 Liberia: 1Dinar = ₦8 Lesotho: 1Loti = ₦19 Libya: 1Dinar = ₦156 Morocco: 1Dirham = ₦176 Madagascar: 1Ariary = ₦14 Mauritius: 1Rupee = ₦16 Malawi: 1Kwacha = ₦21 Mozambique: 1Metical = ₦24 Namibia: 1Dollar = ₦32 Seychelles: 1Rupee = ₦22 Sudan: 1Pound = ₦42 Swaziland: 1Lilangeri = ₦19 Tunisia: 1Dinar = ₦150 Zambia: 1Kwacha = ₦28 Even the worst economies of Africa now have more valuable Exchange rate than us. As at today $1 = ₦492? €1 = ₦560? £1 = ₦660? ₦1,000,000.00 is less than $2,100.00.....and some think that we have not reached the breakpoint?? Putin (Russia): Lawyer Joe Biden (America): Economics degree Merkel (Germany): PhD Physical Chemistry Xi Jinping (China): Chemical Engineering and Doctor of Law Ghanian President: Doctorate holder Buhari (Nigeria): WAEC not found Yet, somebody wants a growing economy under this administration. We are just joking. It is time to say Goodbye. if we must tell ourselves the truth, this country cannot be Giant of Africa again. https://ng.opera.news/ng/en/economy-finance/amp/2d3eb899a6e2192b51e0a131534a2adb 3 Likes |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by Mutemenot(m): 11:36am On Apr 23, 2021 |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by SmartPolician: 11:48am On Apr 23, 2021 |
We are wasting our time in this country. The naira will continue to nosedive if we don't diversify our economy and improve local manufacturing (the real sector). Meanwhile, no serious Nigerian should be saving in naira now because the currency is tanking at the speed of light. 1 Like |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by dvdwed(m): 11:54am On Apr 23, 2021 |
Putin (Russia): Lawyer Joe Biden (America): Economics degree Merkel (Germany): PhD Physical Chemistry Xi Jinping (China): Chemical Engineering and Doctor of Law Ghanian President: Doctorate holder Buhari (Nigeria): WAEC not found Yet, somebody wants a growing economy under this administration. We are just joking. It is time to say Goodbye. if we must tell ourselves the truth, this country cannot be Giant of Africa again. The same WAEC teenagers are clearing every year presido cant pass na wa. Naira will soon become worthless like the Nepa bill he has. No thanks to educated mumus of the SW who danced him in. 4 Likes 1 Share |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by CodeTemplar: 12:02pm On Apr 23, 2021 |
May we not attain the heights biblical accounts told us off when money faileth. Money became so useless people started rejecting it. Imagine the whole money a basket can carry not being able to buy that basket. It is better to carry your basket than attempt carrying money with it. |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by FarahAideed: 12:10pm On Apr 23, 2021 |
While our terrorism is the fastest growing in the region ..This is proof you get what you vote . NIGERIANS voted for Alqeada and the got Alqeada progress ...It' shall never be well with Buharis enablers |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by FarahAideed: 12:12pm On Apr 23, 2021 |
dvdwed: Let's face it the man is a Jihadist and that's why Jihad industry is the only sector with string growth 1 Like |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by nlreserve: 12:13pm On Apr 23, 2021 |
What is Nigeria? Is it a country? |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by Larrydis: 12:15pm On Apr 23, 2021 |
This countrt needs urgent help. |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by nedu666: 12:17pm On Apr 23, 2021 |
Op naira is 492 to a dollar now |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by Masterkernel1: 12:18pm On Apr 23, 2021 |
When we alerted Nigerians about the empty promises of this administration, we were called Wailers, today...the poverty that's rocking Nigeria doesn't know APC/PDP, but rather reality is dawn on hypocrites. |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by saaron(m): 12:18pm On Apr 23, 2021 |
This is what happens when fulani terrorists are in power. Total disintegration of Nigeria is our salvation from economic, social, and islamic terrorists. |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by alfasexy: 12:19pm On Apr 23, 2021 |
I remember when we used to laugh at CFA. |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa by Veqtor: 1:09pm On Apr 23, 2021 |
Jonathan's regime was a thousand times better than this fulani govt. From foodstuffs, household items, to building materials .... the price of everything is just skyrocketing. Something as simple as importation now is so expensive bcoz customs would want to kill Nigerians with import duties. And one fellow without a conscience, will come here and say Buhari is working bcoz of d little peanuts he receives. It will not augur well for any fool that wld tell me that ds country will nuh break. 1 Like |
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