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How Much Did You Exchange The Dollar For Today? - Business (60) - Nairaland

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Re: How Much Did You Exchange The Dollar For Today? by BOMANY: 5:53pm On Aug 14, 2011
Bisbelcall:

wwww.xe.com 1.00 USD = 153.550 NGN
US Dollar Nigerian Naira
1 USD = 153.550 NGN 1 NGN = 0.0065125

Fhemmmy:

That is not what is sold o the public

This is the INTERBANK price, which is little bit higher than the CBN price but much lower than the black market price. Most websites show it as it is easier to know than the black market.

When you use a credit card abroad or online purchase hard currency, your bank sells you depending on the Interbank price on a competitive ground. Some banks are greedy like Zenith that sells you 160N = 1$, but some are ok like GTB as selling 155N = 1$.

the only way to get $ on base of the CBN price is to buy it through your bank from the CBN, which happens only, as much as I know, through two ways (1) to open LC for importation, which goes thru long way of procedures (2) as a travler with visa and confirmed ticket, actually both can be forged, but it gives you only 2000$ for a personal account and 4000$ for a corporate account

I do nt think that the situation will be better in the nearest future, my experience tells me so, I lost hope. In fact I hope that it wont deteriorate more, at least till I bring my next deal, Please God cry cry
Re: How Much Did You Exchange The Dollar For Today? by liujenny(f): 6:34pm On Aug 14, 2011
i know its still not ok, my customer made me almost suicide!!!
and chinese currency its still increasing ! 6.8yuan=1usd last year

last month 6.45yuan=1 usd

and now 6.39yuan=1 usd

IF a nigerian bring 100 usd to china, last year he can make 680yuan
last month 645yuan

and now 639yuan

he also lose again!
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 7:24pm On Aug 15, 2011
Rate for today, please
Re: How Much Did You Exchange The Dollar For Today? by liujenny(f): 7:30pm On Aug 15, 2011
168
Re: How Much Did You Exchange The Dollar For Today? by liujenny(f): 7:59pm On Aug 15, 2011
L/C its not easy.if i accept this, maybe my boss ll kick me away.
Re: How Much Did You Exchange The Dollar For Today? by hoppysnd: 8:28pm On Aug 15, 2011
dollar is now 127 per naira
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 8:56pm On Aug 15, 2011
@BOMANY . . . the 4000$$, is that all i can buy in a week or in a day?
Re: How Much Did You Exchange The Dollar For Today? by TeskyMan(m): 3:38pm On Aug 16, 2011
hoppysnd:

dollar is now 127 per naira

I guess for your mind
Re: How Much Did You Exchange The Dollar For Today? by BOMANY: 5:19pm On Aug 16, 2011
[size=14pt]Sorry guys, every time I tried to post, there was that message that I am auto- banned by such anti-spam bot, I don’t know why. That is why u see my post is repeated [/size]

Fhemmmy:

@BOMANY . . .  the 4000$$, is that all i can buy in a week or in a day?


[size=14pt]4000$ for every visa, the bank shall stamp your passport for collecting the money, but if you have connection in the bank, they wont stamp urs. Some bankers told me that there must be a 3 months gap between each collection but I don’t think so. If u have a visa & passport, then u are eligible for the hard currency.[/size]
Re: How Much Did You Exchange The Dollar For Today? by BOMANY: 5:28pm On Aug 16, 2011
[size=14pt]


Ok, about the 3 months gap, I confirmed now that it is for those who have residential visa. Let’s say u are in US so u got a visa that covers like 2 years, then u can collect 4000$ for a corporate account every three months if u have a confirmed ticket[/size]
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 6:11pm On Aug 16, 2011
BOMANY:

[size=14pt]4000$ for every visa, the bank shall stamp your passport for collecting the money, but if you have connection in the bank, they wont stamp urs. Some bankers told me that there must be a 3 months gap between each collection but I don’t think so. If u have a visa & passport, then u are eligible for the hard currency.[/size]

Thanks for the info . . . . How i just wish the govt will allow people to just walk into a bank to buy their $$
Re: How Much Did You Exchange The Dollar For Today? by naylove(m): 6:28pm On Aug 16, 2011
i bought it at N164. a sad reminder of how useless the naira gets on a daily basis
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 7:38pm On Aug 16, 2011
naylove:

i bought it at N164. a sad reminder of how useless the naira gets on a daily basis

Where please, i need some
Re: How Much Did You Exchange The Dollar For Today? by support4u(m): 9:03pm On Aug 16, 2011
For abt 4 weeks now I have been crying about dollar to Naira, but by friday naira to dollar in the gtb rate, no shaking
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 12:10am On Aug 17, 2011
support4u:

For abt 4 weeks now I have been crying about dollar to Naira, but by friday naira to dollar in the gtb rate, no shaking

Only you understand all that you just said
Re: How Much Did You Exchange The Dollar For Today? by hoppysnd: 11:36am On Aug 17, 2011
is now 127 per dollar
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 3:25pm On Aug 17, 2011
^^^ Na wa oh
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 3:42pm On Aug 17, 2011
Na wa indeed

@hoppysnd

What world you live in?
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 7:10pm On Aug 17, 2011
payless:

Na wa indeed

@hoppysnd

What world you live in?

I tire too oh
Re: How Much Did You Exchange The Dollar For Today? by jumi07601: 8:58pm On Aug 17, 2011
Bought USD today for 165 in Lagos.
Re: How Much Did You Exchange The Dollar For Today? by TeskyMan(m): 12:18pm On Aug 18, 2011
Sold Dollar @ Adeola Odeku, V/I, Lagos for =N=164.5 to $1

Cheers
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 2:49pm On Aug 18, 2011
@TeskyMan

Please, let me have the info of where you bought it for 164.50 to $1. I got it for 167 naira to $1 at Abule Egba today. Can I get you contact number pls?
Re: How Much Did You Exchange The Dollar For Today? by wealth123: 4:17pm On Aug 18, 2011
i have $400 dollar. if u can buy @ 165 call me and let us meet at GTB tommorrow.
call: 08130946933 or 08090665435
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 5:15pm On Aug 18, 2011
This is really serious, i thought the damn thing was coming down . . . . seems like it is not oh
Re: How Much Did You Exchange The Dollar For Today? by danlagos: 6:39pm On Aug 18, 2011
$1 = =N=166 @Gbagada today.
Re: How Much Did You Exchange The Dollar For Today? by wealth123: 10:16pm On Aug 18, 2011
i will sell for 165 hurry call me let us meet at GTB tommorrow i have $400
Re: How Much Did You Exchange The Dollar For Today? by Fhemmmy: 12:56pm On Aug 19, 2011
My partner bought it yesterday for 166.5 . . . .sucks
Re: How Much Did You Exchange The Dollar For Today? by wealth123: 5:24pm On Aug 19, 2011
Mine is now 166/$ call me: 08130946933,. I have only $400. we meet at GTB and conclude sharp sharp.
Re: How Much Did You Exchange The Dollar For Today? by liujenny(f): 6:10pm On Aug 19, 2011
still waiting for good news.

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