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Nairaland Forum / Entertainment / Events / Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? (347 Views)
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Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Kelvin3476: 11:30pm On Jan 15, 2023 |
I heard an arguement with my friends where they said that the foreigner must know what the value of goods is in naira before knowing what to price in dollar. i thought they only have to know the price in dollar , then compare to their own currency and not compared to naira. Are the 9ja goods listed in naira or dollar ? are the buyers caring about what the price could worth in naira before concluding on the dollar price ? do they care less about what it may cost in naira ? LALASTICLALA MYND44 |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Moh247: 11:34pm On Jan 15, 2023 |
A Nigerian exporter would definitely prefer to earn dollars if he has a dorm account |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Kelvin3476: 11:36pm On Jan 15, 2023 |
Moh247:I MEANT THAT " ARE THE NIGERIAN GOODS PRICE LISTED IN DOLLAR NAIRA "? |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Moh247: 11:39pm On Jan 15, 2023 |
Kelvin3476: Ok now I get you... Depending on the goods and commodity, Cocoa, Rubber , Cashew , Gum, even crude oil, are priced in Dollars especially on International Business to Business sites Dollar is more stable and international currency for trade 1 Like |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Kelvin3476: 11:45pm On Jan 15, 2023 |
Moh247:MY FRIENDS KEPT SAYING THEY MUST KNW THE NIGERIAN WORTH OF THE GOODS THE WANT TO BUY IN DOLLAR. I SEE THAT AS A DUMB ARGUEMENT SINCE THEY DNT HAVE ANYTHNG TO DO WITH THE NAIRA. E.G BUYING A NAIJA PLAYER TO ABROAD HAVE TO BE PRICED IN DOLLAR ,BT THEY SAID THAT THE BUYERS MUST KNW THE NAIJA VALUE OF THE MONEY IN DOLLAR. THATS JUST SICKENING AND THATS WHY I WANT TO KNW PEOPLES VIEW ON THIS |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Kelvin3476: 11:47pm On Jan 15, 2023 |
Ednut1
1stgenamerica
obedence
sweetvie |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by ednut1(m): 11:52pm On Jan 15, 2023 |
Kelvin3476:depends on the website. If its a foreign website it’s listed in dollars. They don’t know the value of things in naira too ( the chicken and chips you get 2k in lagos, is equivalent to 6k in canada). Their cards too may not work on a Nigerian website |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Sweetvie: 10:08am On Jan 16, 2023 |
Kelvin3476:That's not true. It depends on the website and if the goods are priced in dollar. 1 Like |
Re: Do Americans Or Internation Firms Buy Nigerian Goods Priced In Naira Or Dollar? by Akuruoulo(m): 4:10pm On Jan 16, 2023 |
Sweetvie: Like the USA buying crude from Nigeria. Is the crudes price listed in dollar or naira ? |
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