Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,159,203 members, 7,839,100 topics. Date: Friday, 24 May 2024 at 01:46 PM

Our Naira Is Bigger Than South South Korea Won - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Our Naira Is Bigger Than South South Korea Won (224 Views)

The Fast Depreciating Power Of Our Naira, Which Way Nigeria? - Prof Ezeilo / Are We Going To Keep Watching As Bdc Operators Devalue Our Naira Further? / Why The Naira Is Now Gaining Against The Dollar (2) (3) (4)

(1) (Reply)

Our Naira Is Bigger Than South South Korea Won by spyroet(m): 3:56pm On Jul 19, 2023
I was realy surprised to know that our naira is bigger than south Korean money, today i was reading bbc news when i saw one usd is 1,222 in south Korean won, that realy surprised me when one usd is about 791 naira, so our economy is still better than south Korean or is there other ways to say it atually.
Re: Our Naira Is Bigger Than South South Korea Won by ucheheart(m): 4:38pm On Jul 19, 2023
It doesn't work like that. Naira might have more value than won, but if they are self sufficient, then their economy will be a lot better than Nigerian economy which depends on imports for econonic survival.

You also need to consider their rate of employment and cost and standard of living in their country before you can conclude that Nigeria is better off which I doubt.

(1) (Reply)

Can I Use Suya Business To Feed A Family Of 4? / What Is Affiliate Marketing / Seun Could Have Provided A Better Response.

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 5
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.