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Which Currency Is Preferable? Naira Or Cedi - Politics - Nairaland

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Which Currency Is Preferable? Naira Or Cedi by Biodun556(m): 2:47am On Oct 30, 2022
grin

Re: Which Currency Is Preferable? Naira Or Cedi by Biodun556(m): 2:47am On Oct 30, 2022
Tinubu for president

2 Likes

Re: Which Currency Is Preferable? Naira Or Cedi by Nobody: 3:33am On Oct 30, 2022
For real?
Re: Which Currency Is Preferable? Naira Or Cedi by tsdarkside(m): 4:03am On Oct 30, 2022
abegi....it was a silly idea....
you dont even have the economy of america to try such thing....
Re: Which Currency Is Preferable? Naira Or Cedi by tsdarkside(m): 4:04am On Oct 30, 2022
i dont think many nations in the world tried this strategie....
not even zimbabwe....

1 Like

Re: Which Currency Is Preferable? Naira Or Cedi by tsdarkside(m): 4:10am On Oct 30, 2022
the person that adviced them to cancel zeros is a moroon....

1 Like

Re: Which Currency Is Preferable? Naira Or Cedi by tsdarkside(m): 4:11am On Oct 30, 2022
nawa....
Re: Which Currency Is Preferable? Naira Or Cedi by FromZeroToHero(m): 5:44am On Oct 30, 2022
Cedi all the way. I received 4000 Cedis from a client in Ghana last week. Money full everywhere.

4000 x 51= N204,000.

Naira is useless now.

2 Likes

Re: Which Currency Is Preferable? Naira Or Cedi by Biodun556(m): 6:46am On Oct 30, 2022
FromZeroToHero:
Cedi all the way. I received 4000 Cedis from a client in Ghana last week. Money full everywhere.

4000 x 51= N204,000.

Naira is useless now.

Cedi is a scam

That 4000 is actually 400000

8 Likes

Re: Which Currency Is Preferable? Naira Or Cedi by FromZeroToHero(m): 6:52am On Oct 30, 2022
Biodun556:


Cedi is a scam

That 4000 is actually 400000

I don't understand.
Re: Which Currency Is Preferable? Naira Or Cedi by Biodun556(m): 6:58am On Oct 30, 2022
FromZeroToHero:


I don't understand.

They removed 00 from their currency to make people believe it is stronger

5 Likes

Re: Which Currency Is Preferable? Naira Or Cedi by jenniferjude613: 7:43am On Oct 30, 2022
Make a better decision now.
Re: Which Currency Is Preferable? Naira Or Cedi by okeysoninv: 7:47am On Oct 30, 2022
FromZeroToHero:
Cedi all the way. I received 4000 Cedis from a client in Ghana last week. Money full everywhere.

4000 x 51= N204,000.

Naira is useless now.
where did you exchange your cedi to naira
Re: Which Currency Is Preferable? Naira Or Cedi by FromZeroToHero(m): 8:40am On Oct 30, 2022
okeysoninv:
where did you exchange your cedi to naira

I have someone in Ghana that changed it for me.
Re: Which Currency Is Preferable? Naira Or Cedi by Okoroawusa: 9:21am On Oct 30, 2022
Biodun556:


Cedi is a scam

That 4000 is actually 400000
You are wrong. Add 4 zeros to the 4000 to get the real value

2 Likes

Re: Which Currency Is Preferable? Naira Or Cedi by Okoroawusa: 9:27am On Oct 30, 2022
FromZeroToHero:
Cedi all the way. I received 4000 Cedis from a client in Ghana last week. Money full everywhere.

4000 x 51= N204,000.

Naira is useless now.
What #204,000 can get you in Ghana, 4000 Cedis can't.
The real value of 1 dollar is about 138000 Cedis . Before it used to be 10000 Cedis to 1 dollar

2 Likes

Re: Which Currency Is Preferable? Naira Or Cedi by EmekaA125(m): 9:32am On Oct 30, 2022
FromZeroToHero:
Cedi all the way. I received 4000 Cedis from a client in Ghana last week. Money full everywhere.

4000 x 51= N204,000.

Naira is useless now.
Where did you get the 51 from??
Re: Which Currency Is Preferable? Naira Or Cedi by FromZeroToHero(m): 9:47am On Oct 30, 2022
EmekaA125:

Where did you get the 51 from??

1 Cedi = 51 naira.
Re: Which Currency Is Preferable? Naira Or Cedi by FromZeroToHero(m): 9:54am On Oct 30, 2022
Okoroawusa:

What #204,000 can get you in Ghana, 4000 Cedis can't.
The real value of 1 dollar is about 138000 Cedis . Before it used to be 10000 Cedis to 1 dollar

I don't understand you.

14 Cedis is equivalent to 1 dollar.

Re: Which Currency Is Preferable? Naira Or Cedi by inoki247: 10:06am On Oct 30, 2022
FromZeroToHero:
Cedi all the way. I received 4000 Cedis from a client in Ghana last week. Money full everywhere.

4000 x 51= N204,000.

Naira is useless now.


Lol you people sabi du calculations of what u don't know....


A single self contain in Accra a month starts from 1k Ghs...


And taking a bike starts from 15cedis in Accra...

Carry ur sef enta the nearest bus relocate to Ghana nobody go tell u before u run bak herr...

4 Likes 1 Share

Re: Which Currency Is Preferable? Naira Or Cedi by inoki247: 10:11am On Oct 30, 2022
FromZeroToHero:


I don't understand you.

14 Cedis is equivalent to 1 dollar.


That 14 you're seeing is like 850 in Naira....

Cause no bank will sell you cedis with Naira at hand you've to buy from black market rate...


all those Google exchange rate are not realistic...



Dere dollar is at 14 presently but if you wan use Naira buy the quantity of that Cedis you will be spending up to 850...
Re: Which Currency Is Preferable? Naira Or Cedi by Okoroawusa: 10:11am On Oct 30, 2022
FromZeroToHero:


I don't understand you.

14 Cedis is equivalent to 1 dollar.
That 14 Cedis is not the real value. Add 4 zeros to get the real value.
Before it was 10000 Cedis to 1 dollar then they removed 4 zeros to make it 1 dollar to 1 Cedis. Now it has climbed to 14 Cedis. So to get the real value you have to add back the 4 zeros.
It's just like without naira improving in value we decide to remove 2 zeros and make it #8 to 1 dollar. For you to get back the real value you must add back the 2 zeros we removed.

2 Likes

Re: Which Currency Is Preferable? Naira Or Cedi by Okoroawusa: 10:16am On Oct 30, 2022
inoki247:



That 14 you're seeing is like 850 in Naira....

Cause no bank will sell you cedis with Naira at hand you've to buy from black market rate...


all those Google exchange rate are not realistic...



Dere dollar is at 14 presently but if you wan use Naira buy the quantity of that Cedis you will be spending up to 850...
And 14 Cedis is virtually useless. It can barely buy you anything meaningful but 850 naira can get you alot. That's how you measure the worth of a currency.

3 Likes 1 Share

Re: Which Currency Is Preferable? Naira Or Cedi by inoki247: 10:58am On Oct 30, 2022
Okoroawusa:

And 14 Cedis is virtually useless. It can barely buy you anything meaningful but 850 naira can get you alot. That's how you measure the worth of a currency.


Lol wetin 14cedis wan buy for a distance of Ketu to Ojota it will cost you 15 cedis by bike in Accra while Bus start from 5cedis for that distance...

Petrol sells from 17 cedis upward....

1 Like

Re: Which Currency Is Preferable? Naira Or Cedi by Mfetenang: 11:01am On Oct 30, 2022
Biafran Mkpuru is preferable.

1 Like

Re: Which Currency Is Preferable? Naira Or Cedi by EmekaA125(m): 6:25pm On Oct 30, 2022
FromZeroToHero:


1 Cedi = 51 naira.
Okay.

(1) (Reply)

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