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CBN Confirms N410.25/$ As New Official Exchange Rate - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Confirms N410.25/$ As New Official Exchange Rate (27056 Views)

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Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Revere27: 9:47am On May 26, 2021
1$=#5 crew, how far naa embarassed

We gather dey for this administration cheesy together
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by RexTramadol1: 9:48am On May 26, 2021
Nosediving....... free fall
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by philo04(m): 9:48am On May 26, 2021
Juliusmomoh:
Bye bye to naija... Just got my visa... Canada on mind.
you never reach you done deh say bye....guy is not over until it's over
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by yinchar(m): 9:49am On May 26, 2021
For all of us that have Naira in our bank account, the purchasing value has just depreciated by 20%

grin grin grin grin

4 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Gibz02: 9:49am On May 26, 2021
ChiefSosa:
May Anybody still supporting this government die a very miserable death. The death will be so miserable that people will piss on his/her grave. Generations to come will also piss and spit on the graves.
This prayer is from the bottom heart!
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by 6lackmill: 9:50am On May 26, 2021
Good news

Next pls
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by anidan(m): 9:50am On May 26, 2021
Nigeria will get better one day
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by ACE1010: 9:50am On May 26, 2021
The Nigeria of our dreams is fading away before our very eyes lipsrsealed undecided undecided lipsrsealed
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by EJanni(f): 9:51am On May 26, 2021
You people should not worry, the presidency is working to make it one dollar to one naira soon.

4 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by kukoyi17226: 9:51am On May 26, 2021
For all of us that have Naira in our bank account, the purchasing value has just depreciated by 20%

1 Like

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Digitiminimi: 9:52am On May 26, 2021
iLegendd:
We warned them about Buhari, but they didn't listen.

I'm not supposed to complain because most of my money come in USD and GBP. Converting to Naira will look like money ritual.

Before 2023, it will be 1000/$.

show us d way bro
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Demogorgon(m): 9:53am On May 26, 2021
anidan:
Nigeria will get better one day
Yeah, in your dreams

1 Like

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by iwaeda: 9:53am On May 26, 2021
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by OmoManU: 9:55am On May 26, 2021
Hnnmn heart attack
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by EmmanuelScott1(m): 9:55am On May 26, 2021
From #150 to 410
BubU continue going we haven't reached grin grin
Make I kukuma go buy Usdt before BubuVirus affect am

2 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Nonexisting: 9:55am On May 26, 2021
ChiefSosa:
May Anybody still supporting this government die a very miserable death. The death will be so miserable that people will piss on his/her grave. Generations to come will also piss and spit on the graves.
I say a big amen to your prayer. They all starting from nairaland zombies who sold their souls for 30k will die miserably after long sufferings.

4 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by miqos02(m): 9:55am On May 26, 2021
Coldshisha:
Hahahahaaaa

So in black markets we are looking at 470

One day one bad news from Buhari

Let them Kuku increase petrol to the 350 they are speculating, a kill us once and for all
black market rate has been between 482 and 486 since January.

7 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by mecussey(m): 9:56am On May 26, 2021
hisgrace090:
From one tell of sorrow to another.

The real value is N980 to a dollar. The 410 is artificial sustained wait till 2023 you go see waiting go happen. Amechi and obaseki say they don print money sotey they now have to park it somewhere to avoid over inflation. Find a way keep your money in crypto or hard currency. You 1m today will be less than 50k by 2023.

1 Like

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by EmmanuelScott1(m): 9:57am On May 26, 2021
philo04:
you never reach you done deh say bye....guy is not over until it's over
grin grin grin witches and wizard

1 Like

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by aniblue(m): 9:57am On May 26, 2021
Useless govt frustrating her citizens.
Everyone will now come to agreement that the govt has failed.
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by KaptainAfrika: 9:57am On May 26, 2021
Dollarize ya income O.
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by SenecaTheYonger: 9:58am On May 26, 2021
iLegendd:
We warned them about Buhari, but they didn't listen.

I'm not supposed to complain because most of my money come in USD and GBP. Converting to Naira will look like money ritual.

Before 2023, it will be 1000/$.


if your money comes in dollar adn the bank use official rate, you won't gain anything. The only time you gain is if you're selling to dolalr to blackmarket buyers. People that are getting money from Transferwise and hte rest at official rate are really losing money becasue the price of things are in accordiance with blackmarket standard.

This country is an illuison
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by GeneralPula: 9:58am On May 26, 2021
Juliusmomoh:
Bye bye to naija... Just got my visa... Canada on mind.

You’re going to face another set of problems..

Cuz problems dey everywhere and e no dey finish oo..

Goodluck!
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by DrAkpa(m): 10:00am On May 26, 2021
ChiefSosa:
May Anybody still supporting this government die a very miserable death. The death will be so miserable that people will piss on his/her grave. Generations to come will also piss and spit on the graves.

Cc aka NLPoliceWoman.
I believe this post is 4 u
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Nobody: 10:00am On May 26, 2021
prof2007:


SOURCE: https://punchng.com/cbn-confirms-n410-25-as-new-official-exchange-rate/
you guys should stop ripping the diaspora community off and at least make the exchange rate 450.Its not there fault that Nigeria is messed up

2 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by MOJ584(m): 10:02am On May 26, 2021
Wonderful!!!!

Good news for Yankee guys! Gentlemen and ladies, for una wey get brothers and sister abroad, tell them to start pushing their savings home so as to reap from the imminent rise in black market rate.

It is a massive exchange windfall coming from the stable of the Legendary Zoological Republic!!!

6 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Wolfeye: 10:05am On May 26, 2021
EmmaJnr1:
this country is gone, can u imagine the hardship that this would cause. before 2023 it will get to 500 then black market would charge 700-800

$ has been 490/500 Anywhere.

I no know when una go ever learn about Nigeria.
The “news” is to make everything seem “better” when it’s 10x worse in reality.
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by kepstone: 10:05am On May 26, 2021
Haba what kind if wickedness is this in this country with our so call leaders, are the legislative arm of government seeing this at all. Does it mean that the common Nigeria will not be able to leave, do you want to kill people and they still plan to increase fuel to 380/per liter yet the 30k minimum wage is nothing to write home about. We truly made a mistake in 2015. Nigerians must wake up to this nonsense if not this guyz will use us to catch cruise and see us as real fools and do whatever they feel like doing. The CBN governor is the most useless and daft CBN governor in the history of Nigeria, so brainless and knows nothing about the economy. How can people be suffering and you still increasing dollar rate, soon pump price will increase and all we keep saying is ego better, nothing will change until we initiate it. Oh GEJ we are sorry we are sorry we are sorry we. 2023 is still very far God save this country from this wicked set of leaders we have who dont know anything about governance and leadership. Life is vanity i dont know what they are amassing money for when in the end when they die it will not go with them. Nigeria why did we go to the forest to bring back home an ant infested wood.

2 Likes

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Godwin25king: 10:06am On May 26, 2021
Good bad news tongue
Re: CBN Confirms N410.25/$ As New Official Exchange Rate by Wolfeye: 10:07am On May 26, 2021
If you can get $ below 480 please show me where. LMFAO.
These old cargoes are just predictable.
Forget google, go and buy and show me where you will get it any less than 480.

1 Like

Re: CBN Confirms N410.25/$ As New Official Exchange Rate by gurunlocker: 10:07am On May 26, 2021
Thank you Buhari and his economic teams.... BMC will be exchanging at 215/$ grin grin

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