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How Powerful Is 2 Thousand Naira In This Current Economy? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessHow Powerful Is 2 Thousand Naira In This Current Economy? (770 Views)

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How Powerful Is 2 Thousand Naira In This Current Economy? by pauladonis(op):
With how badly Naira is holding up against the dollar, here's a quick list of things you can get with 2k today and how long you can enjoy them:

1. A stack of Bigi cola - Probably gonna last a week or two before you finish it.

2. Some nice Chicken Suya - A few hours if you're taking your time.

3. 4~5 bottles of beer - You know how long it would take to finish that.

4. ~12 litres of fuel - based on my generator's fuel consumption, I'd say about 15-18 hrs of power.

5. One medium size pizza box - maybe an hour or two.

6. Chicken and chips - Not the biggest servings so I'll say 30 minutes.

7. 2 movie tickets without any snacks - You'll probably be in the movie theater for about 2 hours...

PS: Feel free to add what you think 2k can buy in Nigeria today.
Re: How Powerful Is 2 Thousand Naira In This Current Economy? by meobizy(m): 4:05am On Jun 02, 2021
Hmm. So it’s the equivalent of £10 in the UK. Nice.
Re: How Powerful Is 2 Thousand Naira In This Current Economy? by zolajpower: 5:02am On Jun 02, 2021
Wow! So it's the equilibrium of 20rupee in Indian . Very nice grin
Re: How Powerful Is 2 Thousand Naira In This Current Economy? by pauladonis(op): 8:23am On Jun 02, 2021
meobizy:
Hmm. So it’s the equivalent of £10 in the UK. Nice.
Is it in terms of purchasing power?

Because I'm sure it can't be true based on current exchange rates...
Re: How Powerful Is 2 Thousand Naira In This Current Economy? by SavageResponse(m): 10:16am On Jun 02, 2021
meobizy:
Hmm. So it’s the equivalent of £10 in the UK. Nice.
N2K is less than 10 Pounds Sterling based on exchange rate
Re: How Powerful Is 2 Thousand Naira In This Current Economy? by pauladonis(op): 8:38pm On Jun 02, 2021
SavageResponse:
N2K is less than 10 Pounds Sterling based on exchange rate
Me sef dey try make sense of that post o, I no just fit...
1 Reply

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