₦airaland Forum

12. Ethiopian Birr (1 USD = Br 29.376)

The Ethiopian Birr is the legal tender for Ethiopia. It had a volatility of about 0.4% in September, which is low compared to other legal tenders in the continent. Positive economic growth, conservative monetary policies, and considerable foreign exchange reserves are the factors that have made the Birr among the highest in Africa.

11. Sao Tomean Dobra (1 USD = Db 22.23)
The Dobra is among the highest currencies in Africa because of the influx of economic activities in Sao Tome. Traditionally, the country depended on cocoa as a medium of exchange. Today, there have been significant investments in developing the oil industry.

10. Egyptian Pound (1 USD = E£ 16.30)
The Egyptian Pound has been gaining value over the years because of its unofficial use in Sudan and the Gaza Strip. Also, the EGP has gained in value after the government reduced interest rates to attract domestic and foreign investments. Like other African currency symbols, the Egyptian pound has several, including E£ and LE.

9. Eritrean Nakfa (1 USD = Nfk 15.00)
The Eritrean Nakfa is the legal tender for Eritrea. It has enjoyed stability over the years because the country’s government does not float the currency. Instead, it prefers the stability of having a fixed exchange rate.

8. South African Rand (1 USD = R 14.87)


For many years, the price of gold determined the value of the ZAR because it was the country’s main export. But developments throughout the world over the years have determined the price trajectory of the Rand.

Although it is valuable, and one of the few African currencies used in Kenya, the ZAR experiences some volatility as it is linked to the rest of the world. Also, South Africa’s political landscape is not as stable and that subjects the legal tender to price fluctuations.
Note that several countries in South Africa have pegged their currencies to the rand at a rate of 1. The Namibian Dollar, the Lesotho Loti, and the Swazi Lilangeni are all pegged to the rand at the same rate. This means that their value depends on the value of the ZAR, which is 14.87 units per USD.

7. Seychellois Rupee (1 USD =SR 13.64)
The Seychellois Rupee is the legal tender for Seychelles. It is among the highest currencies in the continent because of the country’s strict monetary policy. Also, SCR is more valuable due to the country’s market-based economy. Foreign investments have also helped to refurbish the economy and expanded small-scale manufacturing, farming, and fishing. That has diversified Seychelles’ GDP, hence its valuable currency.

6. Zambian Kwacha (1 USD = ZK 13.14)
The Zambian Kwacha has an attractive value because the country is the largest producer of copper in Africa. Copper is a commodity. That means the currency can experience volatility depending on the shifts in the commodity prices on the global copper market. So, when the prices are stable, the country enjoys a valuable currency. But if prices are volatile, that affects it negatively.

5. Botswana Pula (1 USD = P 10.90)
The Botswana Pula is valuable because of the country’s strong economy and relatively stable democracy. Furthermore, it is an attractive currency because traders trade it on the Johannesburg Stock Exchange, which is the largest stock exchange in Africa. Before 1976, the Pula’s exchange rate and valuation were on the same basis with the Rand.

4. Moroccan Dirham (1 USD = MAD 9.89)


The Moroccan Dirham is the de-facto medium of exchange in the Western Sahara region. Its de-facto state makes it one of the highest currencies in Africa. The currency exchange rate against the US dollar was around 1 MAD = 0.103182 USD. Although the MAD remains uncontrolled, the law prohibits its exportation.

3. Ghanaian Cedi (1 USD = GH₵ 5.49)
For many years, Ghana’s currency experienced lots of volatility until the Bank of Ghana replaced the Cedi in 2007. Today, the government’s spending programmes and jobs growth have enabled the currency to remain strong in Africa. Furthermore, the Cedi is more valuable because of the country’s GDP per capita, which is the largest in West Africa.

2. Tunisian Dinar (1 USD = DT 2.87)
Tunisia was under the French colony and used the French franc as its currency. But in 1960, the country replaced the franc with the dinar abbreviated as DT.

The country’s monetary policy where it is illegal to export or import dinars or convert them to other currencies has enabled the dinar to be among the highest in Africa. Furthermore, the country is an export-oriented economy with its agricultural and petroleum exports making up a high portion of if its GDP

1. Libyan Dinar (1 USD = LD 1.41)


The Libyan Dinar has always been the strongest currency in Africa. It has been gaining its strength in recent times because of the strict monetary policy introduced by the country’s central bank.

In Libya, the CBL has a programme that only sells a limited number of dollars to its citizens. Also, its strength has been increasing steadily after the reopening of the previously blockaded oil ports and fields. That raised the country’s dollar earnings for oil sales.

Georgetown University has announced a new program that will allow some Maryland prison inmates to earn bachelor's degrees.

The Georgetown Prisons and Justice Initiative (PJI) will lead the five-year program. It will choose its first 25 students in the fall 2021 semester. By the program's end, at least 125 inmates within the Maryland prison system will have earned bachelor's degrees from the private university in Washington.

"We believe that incarcerated people have value and potential, and we expect that our program will help them grow and thrive, thereby setting an example for their communities and our society overall."

Georgetown and the Maryland Department of Public Safety and Correctional Services (DPSCS) signed a memorandum of understanding on March 17, the first step to making the program a reality, PJI said in a news release.

The opportunity to earn a higher education will pave the way for incarcerated people to return to the outside world with resources they need to find "financial stability and socioeconomic mobility," PJI said.

The program expands PJI's existing Prison Scholars Program at the District of Columbia Jail, which allows inmates to earn college credits for coursework completed while incarcerated, but does not grant degrees.

"We welcome the opportunity to offer higher education from a prestigious university within our corrections system," DSPCS Secretary Robert Green told CNN. "The Prison Scholars Program opens doors from incarceration to employment and will help its students contribute positively to their communities post-release."

The expanded program is funded by a $1 million three-year grant from the Andrew W. Mellon Foundation.


Inmates selected from prisons across Maryland will be transferred to Patuxent Institution in Jessup, where they will commence studies.

"Just like the typical admissions process at Georgetown, it will be very competitive," Howard said. "We'll be looking for applicants with a high school diploma or GED who are highly motivated to complete their degree and show potential for academic excellence."
By the end of the program, inmates will have earned a bachelor of liberal arts with a focus in one of three majors: cultural humanities, interdisciplinary social science or global intellectual history.

The program requires 120 credit hours and will take about five years to complete, according to PJI.

"We expect that this program will have a powerful and positive impact on the lives of our students and their families," Howard said. "We hope that a degree from Georgetown will open doors for our Scholars when they return to their communities, thereby helping them overcome the obstacles and the stigma that returning citizens face."

https://amp-cnn-com.cdn.ampproject.org/c/s/amp.cnn.com/cnn/2021/04/10/us/georgetown-university-maryland-inmates-bachelors-degrees-trnd/index.html

Las Las Na ₦8k, ₦8,5 jale jale

Do what should I want to do. Sey u get

-

tolguy:
epain u well well

What is this one saying?

AllenSpencer:
You can only wail online

The Northerners will always be ahead of you, your tribe and religion

Take that to the bank!

If you can mention one or half of one thing that the northerners ahead of before other tribe or religion. I will personally delete my first comment. I give you my words for it

Schrodinger1:
Obviously, you must be foolish as you have no iota of sense.

What is this one even saying?.

You even spelt your words correctly today. You have to work on constructing good sentence with what you've learnt..

curlarpy:
I don't know who senior who btw you two in stupidity....
But Ur own foolishness is second to none

What is this one saying?

I've never witnessed it.
How true is this?

Buhari to immediately convoke a Sovereign National Conference

Wo all this Grammer is becoming unbecoming.

Don't confuse us into slavery..
Make it simple. Independence, at the end arenas are happy with nigeria, Yorubas are happy with oduduwa's Republic, Igbos are happy with IPOB and everybody is happy.

Lobatan!!! Which one is sovereign national conference, what do they even do there?

I hope with this few points of mine, I have been able to convince you and not to confuse you that independence is better than sovereign

It's a lie. _NgArmy

We just equiped the military with weapon from Mali and Burkina Faso. _ Lia Mohammed.

They will always deny it, any one joining the Nigeria military has brought his or her death to that day _ Citizens

Normal way of life now.

The underlying cause for stool in the vagina is an abnormal connection between the rectum (lower part of the large intestine) and the vagina. This abnormal connection is called a rectovaginal fistula.

The specific causes of rectovaginal fistula and why it forms can be separated into congenital causes (at birth) and acquired causes that are due to a secondary process occurring later in life.

The primary treatment for rectovaginal fistula or congenital fistula is surgery. However, depending on the cause and extent of your symptoms there may be alternatives.

she really need to see her doctor.

cayorday89:
Nice idea, after everything, you go still meet yourself for Bauchi Abi no be 9ja again, unless your connection strong gan..

which evry way. if Na ₦1m to bribe no P. at least for there make them give us $2,500 per month as allowee

kokaneprodigy:
You are telling a process engineering manager with career in brewery, Tobacco industry to name a few to go watch how it is made.


I already told you it’s inefficiency on the part of the government and the excuses you are making ain’t tenable and you just buttressed that with your post. If you want me to join you in making excuses for inefficiency and mediocrity I won’t do that.

You know the precision and centerline you need to produce those items u mentioned?

What’s so special about paper booklets.

You really know a lot.

The Tobacco Industry
Around 6.5 trillion cigarettes are sold around the world each year, which translates to roughly 18 billion cigarettes per day. It is a lucrative industry and one that makes its fortunes largely off the backs of the poorest people in the world, both in terms of supply and demand.

Of the estimated one billion smokers in the world

https://www.verywellmind.com/global-smoking-statistics-2824393


your matter hard, can you produce 6.5 trillion passport booklets per year in the world?

kokaneprodigy:
How many people apply for passports daily? This is something you do every 5 years on average and not everyone even renew theirs that often. How many people smoke a day how many people drink beer daily divide that by the producers we have.

We have just one major producer of cigarette in Nigeria operating a single factory that supplies not just Nigerians but other west African countries as well, yet you don’t hear of scarcity of cigarettes.

Keep basking in mediocrity.

there are then of cigarettes brands out there. there are tens of different brands of beer. there is 50 sticks of cigarettes and 25 bottles of beer per day for persons who smoke or drinks that these factories can produce.

if 1000 persons apply daily only in Lagos, you get 310k person per month X 12 months.
result of that X 36 states X 12 months. so the Math. even when some don't need it to travels. they just still need it to do one or two things.

kokaneprodigy:
What percentage of Nigerians travel, or apply for passport that you are quoting population of 100million.
Even people in remote areas drink and smoke.

The US with a higher population and greater percentage of travelers suffers passport scarcity too?

You really know a lot.

1. you really need to go watch "How's made" on YouTube. a factory can make over 500k cigarette and beer per day X other numbers of producers. it easier producing this than passport booklets.


2. How will you be comparing US to Nigeria. that's a big comparison.. A) in US they vote from home, here can you vote from your home?.
B) US produce their own passport booklets, here it's outsourced to a firm based in Malaysia..


you really don't know anything

kokaneprodigy:
Is simple supply chain, u supply more to where there’s high demand. It’s just gross irresponsibility and inefficiency on the part of the government as usual.

People pay for these passports not like it is free. People smoke and drink beer more than they apply for passports, have u ever heard of scarcity of beer or cigarettes?

Your excuses don’t follow please

there are tens of companies producing cigarette and beer. there are over 50 different producers of cigarettes and beer with one producer making more than 10 different brands

so compare that with only one organisation printing the booklet for a population of over 100m..

so what are you saying about scarcity of beer or cigarette?. you no Sabi anything

The big brother Naija Geng.

booklet as always been scarces_ NgFG.
plus Many people applied this time for the next big brother show

this is what you get when thousands are applying, 12k+ only in Lagos. what do you expect... and some person have applied since late last year cus of this upcoming show


you guys should try Appling in the northern states, there are relatively few person who need passport overthere.

easy. CBN prints the money, government come out to say they didn't pay any Ransom. everyone is happy.