Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,061 members, 7,828,741 topics. Date: Wednesday, 15 May 2024 at 01:34 PM

Ghana's Currency Slumps To World’s Worst Performer Versus Dollar - Foreign Affairs (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Ghana's Currency Slumps To World’s Worst Performer Versus Dollar (58441 Views)

Euro Slumps To Two-decade Low As Recession Fears Bite / Throwback Of Zelenskyy As A Performer / China's Economic Growth Slumps To Lowest In 27 Years As The Trade War Hits (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply) (Go Down)

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by pargelenis(m): 11:49pm On Oct 17, 2022
Chai, where is that hungry ghana boy that lurks around NairaLand while pretending to be living in KD grin

3 Likes

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by adecz: 11:50pm On Oct 17, 2022
E be like say the currency analysts
don forget say onr currency wey dem
dey call naira still dey exist ...☹️☹️☹️☹️
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by almarthins(m): 11:50pm On Oct 17, 2022
OnlineArchitect:
Naira will be forming boss now grin

See our live thread for our ongoing building construction project of a 3-bedroom bungalow in Oron, Akwa Ibom... Link in my signature

How naira dey form boss?
Nigeria wey get two exchange rates dey claim Dem better
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by zumbigbo(m): 11:51pm On Oct 17, 2022
[quote author=LeoDeKing post=117649652]

Funny enough, those people always constitute nuisance anywhere they go all over the world. Yet when they are about to get the hangman's noose in those countries for crimes, they start insulting same Nigeria for not coming to their rescue.

Talking about a nuisance, google Adesola Adeboya - London....LOL

1 Like

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by MoneyMustBMade(m): 11:51pm On Oct 17, 2022
NgeneUkwenu:
Just few months back, Ipob vandals were all over the place, praising Ghana and cursing their country.

Useless bunch of kanu urine drinkers. sad sad

Oga naira still fucking poor compare to cedis ask for rate abeg

Naira initially was higher than cedis before thier Reformation

1 Like

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by almarthins(m): 11:53pm On Oct 17, 2022
NgeneUkwenu:
Just few months back, Ipob vandals were all over the place, praising Ghana and cursing their country.

Useless bunch of kanu urine drinkers. sad sad

How is Nigerian naira performing today?
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Nobody: 11:55pm On Oct 17, 2022
Racoon:
Meanwhile, Nigeria naira is also of worthless value to the dollar.
pack go Ghana now. Mumu sadist

10 Likes 1 Share

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by MoneyMustBMade(m): 11:55pm On Oct 17, 2022
You rush copy news without getting the proper info come make your self sound like a fool

Yet na you first comment

Cedis is far higher than naira by far
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Guyman01: 11:58pm On Oct 17, 2022
NgeneUkwenu:
Just few months back, Ipob vandals were all over the place, praising Ghana and cursing their country.

Useless bunch of kanu urine drinkers. sad sad

Where you released from prison together with iPhone 6 legbegbegbe, it's been a while you have been away, when you were away Tinubu won APC primary undecided
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Spiker777: 12:00am On Oct 18, 2022
inoki247:
Anytime people say Ghana is better than Nigeria I feel like giving the person a dirty slap.....


As at Today derr petrol is selling at 12.74 almost 900...


And you say Nigeria worst d way dere Dollar dey jump sef I no understand na per minute....

Cefa do do me sheye for here

No be rate wey u buy dollar for morning u go buy am for night which kain Inflation be that.....

Wetin still sell for 11.95 this morning right now is selling at 12.47 which kain Inflation b dat...



I believe Africa is cursed with bad leaders na only to dey speak accent dat Ghana president sabi...


At least Nigeria can still lie say na Over population buh what abt all this small countries...

apart from Cefa wey dey du strong head wey no gri crash buh see Cedis na him worst pass right now..
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by yemmywesey(m): 12:03am On Oct 18, 2022
But how much is the ratio
Of 1cedis to 1 dollar
1 naira to 1 dollar
1cedis to 1naira.
Abeg make una enlighten me.
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Iriruaga100(m): 12:04am On Oct 18, 2022
MoneyMustBMade:
You rush copy news without getting the proper info come make your self sound like a fool

Yet na you first comment

Cedis is far higher than naira by far

Nor dey display your ignorance for public forum. Ghana took off four zeros from their currency in 2007. The true value of the Cedis is 125000 to 1$ right now.
Soludo almost redenominated the Naira when he was CBN governor.
What you see is cosmetic exchange rate.

23 Likes 1 Share

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by eeetuk(m): 12:05am On Oct 18, 2022
Although Ghana currency has weaken vs dollar, the value of Ghana currency (cedi) is Still better than Naira. Look at this picture:
Ghana cedi is now valued at .091 per US dollar.
Nigeria Naira is now valued at .0023 per US dollar.

What the above stats mean is that, if you a Nigerian or Ghanaian and you want to import foreign goods, you get more value using Ghanain currency than Naira.

1 Like

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by MoneyMustBMade(m): 12:07am On Oct 18, 2022
Iriruaga100:


Nor dey display your ignorance for public forum. Ghana took off four zeros from their currency in 2007. The true value of the Cedis is 125000 to 1$ right now.
Soludo almost redenominated the Naira when he was CBN governor.
What you see is cosmetic exchange rate.

As they took it off did they took dollar own off too?

And yet you can't even get naira at bank rate coz bank don't even have the dollar
You have to go to the black market which is 743/$ today

1 Like 2 Shares

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by ArcSEMPECJ(m): 12:07am On Oct 18, 2022
Seriously, this forum is becoming full of stale personalities.......
Someone will push a very interesting thread here and the first few comments will be from bigots....

So many hatred for a tribe that is busy prospering in their various legit works ....

Anyway , if they don't talk about you, the you are a nobody.....

3 Likes

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Nobody: 12:11am On Oct 18, 2022
NgeneUkwenu:
Just few months back, Ipob vandals were all over the place, praising Ghana and cursing their country.

Useless bunch of kanu urine drinkers. sad sad
Gbamm grin grin grin
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Heffalump(m): 12:12am On Oct 18, 2022
Iriruaga100:


You need small education. Naira is actually stronger than Cedis. Naira has stronger purchasing power than the Cedis right now.

Educate yourself first. Charity begins at home.

You don't need to be a professor of economics before you know the simple truth. How much is naira and cedi exchanging for the global currency, Dollar?

Go and check your brain.

1 Like 1 Share

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by onatisi(m): 12:13am On Oct 18, 2022
SmartPolician:
If Nigeria doesn't get someone who understands how economy works to run the country post 2023, Buhari will be a child's play.

It's time for Nigerians in Ghana to relocate to the next country, probably South Africa.
bros,the next 2 to 3 years will be the toughest for Nigeria. THERE IS NO MAGIC ANY INTELLIGENT RESOURCEFUL DYNAMIC PRESIDENT CAN PERFORM ON THE NIGERIA ECONOMY NEXT YEAR TALK LESS OF A SICK DYING ONE OR INEFFECTUAL ONE. THE MESS BUHARI HAS CREATED CANNOT AND WILL NOT GO AWAY IN 4 YEARS

1 Like

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by seunayantokun(m): 12:14am On Oct 18, 2022
dochenaj:
The Cedi is still stronger than Naira, though the degree of devaluation of the Cedi is higher than Naira.

Let me use an analogy. If you are on the 10th floor and you drop to the 6th floor that's 4 floors depreciation. But if you are at 2nd floor and remain there, that is zero depreciation but that doesn't make you better than the person on the 6th floor.
Very good. Some don't reason deeper before saying trash but the way you've said it is so clear.
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by onatisi(m): 12:14am On Oct 18, 2022
naira is very strong in accra now and it is even scarce , curently selling at 16. 70 ghana cedis as against 11.20ghc we bought it earlier this year
Heffalump:


Educate yourself first. Charity begins at home.

You don't need to be a professor of economics before you know the simple truth. How much is naira and cedi exchanging for the global currency, Dollar?

Go and check your brain.

1 Like

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Iriruaga100(m): 12:16am On Oct 18, 2022
eeetuk:
Although Ghana currency has weaken vs dollar, the value of Ghana currency (cedi) is Still better than Naira. Look at this picture:
Ghana cedi is now valued at .091 per US dollar.
Nigeria Naira is now valued at .0023 per US dollar.

What the above stats mean is that, if you a Nigerian or Ghanaian and you want to import foreign goods, you get more value using Ghanain currency than Naira.

This will backfire sir, currently Ghana have got the highest import duty rate in west Africa. Most importers from Ghana import true Togo.
Infact, Importers are on strike in Ghana through their Union GUTA.

3 Likes

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Nobody: 12:16am On Oct 18, 2022
LeoDeKing:

@ the emboldened, the people saying Ghana is better than Nigeria are not Nigerians. They have taken it as a duty upon themselves to insult Nigeria all their lives.

That is why any good news about Nigeria always choke them.

Funny enough, those people always constitute nuisance anywhere they go all over the world. Yet when they are about to get the hangman's noose in those countries for crimes, they start insulting same Nigeria for not coming to their rescue.

Watch how they will start telling you how Ghana is a billion time better than the zoo (as they always call Nigeria).
.. The are everywhere pushing drugs and given Nigeria BAD name 24/7 cool

2 Likes 1 Share

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by benardtotti(m): 12:19am On Oct 18, 2022
Racoon:
Meanwhile, Nigeria naira is also of worthless value to the dollar.

Oga shut the Bleep up ! I don't know how some of you derive joy in always painting your country black,even when the news is about another failed country ,you are not happy, in your heart you wish it was Nigeria.

5 Likes

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Iriruaga100(m): 12:19am On Oct 18, 2022
Heffalump:


Educate yourself first. Charity begins at home.

You don't need to be a professor of economics before you know the simple truth. How much is naira and cedi exchanging for the global currency, Dollar?

Go and check your brain.

What is the purchasing power between Naira and Cedis? Naira is a weak currency but she far better than the Cedis that is currently doing 12.5 to the dollar.

5 Likes

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Samtash(m): 12:20am On Oct 18, 2022
NgeneUkwenu:
Just few months back, Ipob vandals were all over the place, praising Ghana and cursing their country.

Useless bunch of kanu urine drinkers. sad sad


So what are you enjoying in this goverment?
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by MoneyMustBMade(m): 12:25am On Oct 18, 2022
Iriruaga100:


What is the purchasing power between Naira and Cedis? Naira is a weak currency but she far better than the Cedis that is currently doing 12.5 to the dollar.

So how much is naira to dollar today in the market?
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by jrusky(m): 12:25am On Oct 18, 2022
NgeneUkwenu:
Just few months back, Ipob vandals were all over the place, praising Ghana and cursing their country.

Useless bunch of kanu urine drinkers. sad sad

They are evil and are under curse from the beginning of creation.
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by WayoProphet: 12:27am On Oct 18, 2022
Where are those two mumus, Petrodollar and the other one. I told their country Ghana is a glorified shithole and they were here running their smelly mouth.

3 Likes

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by seunayantokun(m): 12:28am On Oct 18, 2022
Iriruaga100:


Nor dey display your ignorance for public forum. Ghana took off four zeros from their currency in 2007. The true value of the Cedis is 125000 to 1$ right now.
Soludo almost redenominated the Naira when he was CBN governor.
What you see is cosmetic exchange rate.

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by Iriruaga100(m): 12:31am On Oct 18, 2022
MoneyMustBMade:


So how much is naira to dollar today in the market?

Since you don’t understand that Ghana’s exchange rate is cosmetics. Who have a better purchasing power between Naira and Cedis?

4 Likes

Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by wiseone28: 12:32am On Oct 18, 2022
[quote author=seunayantokun post=117653335][/quote] You are displaying your ignorance cos you don't want to learn
Re: Ghana's Currency Slumps To World’s Worst Performer Versus Dollar by benardtotti(m): 12:32am On Oct 18, 2022
Whiteshield:


You are not exposed. You don't know the difference between Ikeja and Lekki but you think you can talk about the dollar. You should shut up and be taking notes when others are talking.

Don't mind the fool ,Always yapping nonsense!

2 Likes

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

Check Out These Swaziland Representatives At A Meeting ( Photo) / Prince Philip Worshipped As A God In Younanen, Vanuatu (Photos) / – Man Who Shot South African Lucky Dube Says He Thought He Was A Nigerian.

(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. 46
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.