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Exchange Rate Quotes For ₦1,100 At Parallel Market - Business (7) - Nairaland

Nairaland Forum / Nairaland / General / Business / Exchange Rate Quotes For ₦1,100 At Parallel Market (22528 Views)

Naira Depreciates To N1,540/$ In Parallel Market / Naira Declines To N1,510, N1,466.31 At Parallel, Official Markets / Naira Continues Appreciating Against Dollar, Sell At ₦‎1,100 (2) (3) (4)

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Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Calitoscassius(m): 7:04pm On Oct 18, 2023
I am gonna wait tll it hit 2500 which i am sure it will soon before i exchange my dollar starsh grin grin
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Artscollection: 7:10pm On Oct 18, 2023
Unittyy:
Best time to earn in dollars. Shout out to all forex traders in the house...

No dey deceive yourself! Where you want spend the money
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Geenosko: 7:38pm On Oct 18, 2023
On your mandate we stand 🤣🤣🤣

Make una stand well o
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by simfrost90210: 7:45pm On Oct 18, 2023
braxjay:
Naira to Nigerians:
I am going higher yes I am
I am going higher this year
I am going above the shadows
Into the realm of greatness
I am going higher yes I am
I am going higher this year



You no well ooo🤣🤣🤣🤣

2 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Justhere: 7:47pm On Oct 18, 2023
Let stop the use of naira as medium of exchange and start using dollar instead
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Yinksy09(m): 8:05pm On Oct 18, 2023
For those that earn in dollar that's a juicy rate.

Hopefully when this masterpiece from oraimo is launched the price will be affordable.

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Minjim: 8:08pm On Oct 18, 2023
The japa syndrome is also a factor.

To japa you need to change naira to dollars

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by DrMuzungu(m): 8:19pm On Oct 18, 2023
You voted. Now enjoy the fruits of your labor... I mean, your voting!

Th1efnubu is working!!!
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Ozommadu: 9:30pm On Oct 18, 2023
benuejosh:
much more for your own household. That support terrorists.

Keep supporting evil government, karma is a bitch
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by learnedman(m): 9:53pm On Oct 18, 2023
Ebola the old wizard from hell go show Nigerians shege grin grin grin shocked
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by meditator(m): 11:37pm On Oct 18, 2023
nedekid:

Are you for real? Do you understand we are all getting poorer everyday, or you reside abroad?
Dont you understand the implication of the collapsing naira caused by this clueless APC charlatans? Someone is holding knife to your neck and slaughtering you slowly yet you take it as a play thing calling "hoebi".
Do you realise ₦1m, 8-9 years ago before these criminals too over would give you 4k pounds or almost $7000?
₦1m today cannot get you $1000!
Is it by the time a 2003 (20 year old car) corolla cost ₦20m Nigerians will have sense?
Oga, u can continue to write these charades, it doesn't change the fact that Tinubu would remain your President for at least now to 2027. Its either you support him or you continue to wail. Simple!
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Joniboi(m): 11:55pm On Oct 18, 2023
CodeTemplar:
That's part of the plan to grow(or rather swell) the economy.
Maintain lower forex rates then allow inflation ravage the country until 1USD goes for N2500. After that, calculate the size of the economy by computing Naira value of economy divided by lower I&E rates N770.

Tinubu is a genius indeed. He built Lagos and will do so for Nigeria.
Sarcasm King 😀😀😀

1 Like 1 Share

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by nairanaira12: 4:06am On Oct 19, 2023
CodeTemplar:
That's part of the plan to grow(or rather swell) the economy.
Maintain lower forex rates then allow inflation ravage the country until 1USD goes for N2500. After that, calculate the size of the economy by computing Naira value of economy divided by lower I&E rates N770.

Tinubu is a genius indeed. He built Lagos and will do so for Nigeria.

A fool will always find a way to express foolishness irrespective of circumstances.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Gerrard59(m): 5:51am On Oct 19, 2023
grandstar:


Presently, things are a bit disappointing. Anyways, these are still early days

I also sense Tinubu may be standing in his way.

Note: At the time of my argument in July, I had no clue the foreign reserves were disgraceful low at around $4bn. This is less than a month of imports cover while it is recommeded for a country to have at least 3 months worth in their foreign reserves.

The easiest option now is to approach the IMF.

Why won't it be so when Amaechi and Fashola pressured Jonathan and Okonjo-Iweala to "share the money"? The problem was when Nigerians campaigned and voted for a feudal modafvcker! Buhari was too incompetent to have become president, no ifs or buts!
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Gerrard59(m): 6:00am On Oct 19, 2023
Treadway:
Grandstar, remember this your post below when we had a riveting discussion in July in this thread below? How competent is the CBN so far, and how has inflation been arrested so far 4 months after??
https://www.nairaland.com/7769524/620-per-litre-isnt-what/13#124544003

Gerrar.d59, on one of your points/axioms, I completely yield today 18/10/2023💯. Truly and evidently you can NEVER lose betting against Nigeria true true. I exchanged some of my dollar stash a day before Cardoso lifted the ban on 43items. I still had some sort of optimism that despite the fact that I knew/know the guy is a dud, I thought he would still whip up some market sentiment that would create FUD driving the rate down a bit for like a month. I no know say he go pour petrol inside fire. I exchanged it at 1030, and less than a week later we are at 1070/1075 with 1200 very likely by next week. Smh

Even when oil prices were high and flowing freely (not industrial-scale oil vandalism), the naira still fell against the dollar. APC miscreants say Jonathan benefitted from high oil prices. But the price was also high during Buhari's tenure and even higher now under Tinubu. But how will they get the resources when the oil is stolen by people backed by the government? OK, diversify foreign earner, yet we have Fulani herdsmen slaughtering farmers across Benue, Taraba, Plateau, and Kaduna with wanton abandon. Meanwhile, we have another set of modafvckers who sympathise with Hamas BUT have never condemned the killing of farmers who are supposed to provide an alternative source of foreign revenue.

The current happenings in Nigeria don't surprise me ONE BIT. I already predicted them tey tey. It is a major reason I would never deactivate my account, so I easily retrieve the predictions. Nigeria easily makes one a soothsayer. On my part, I want the naira to hit N2500 to the dollar. I really hope that happens as soon as possible.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Blackdisciple(m): 7:07am On Oct 19, 2023
grin grin grin grin
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by HRHQueenPhil(f): 7:10am On Oct 19, 2023
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by meditator(m): 7:55am On Oct 19, 2023
imbless:

Na you and ur family tribalism go kill stup!d tribal bigot.
IPOB terrorist!
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by meditator(m): 8:00am On Oct 19, 2023
nedekid:

Are you for real? Do you understand we are all getting poorer everyday, or you reside abroad?
Dont you understand the implication of the collapsing naira caused by this clueless APC charlatans? Someone is holding knife to your neck and slaughtering you slowly yet you take it as a play thing calling "hoebi".
Do you realise ₦1m, 8-9 years ago before these criminals too over would give you 4k pounds or almost $7000?
₦1m today cannot get you $1000!
Is it by the time a 2003 (20 year old car) corolla cost ₦20m Nigerians will have sense?
Continue to wail. It won't change the fact that Tinubu would remain your president. I know those that pretend to love the country when I see one. You aren't different. Just because Hoebi, the religious Bigot loss election, that should not mean everyone should become an online bandit.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by meditator(m): 8:02am On Oct 19, 2023
imbless:

Fu*king idiot, tribalism has beclouded your reasoning and judgement, the reality is this is no longer about the elections, it's about the survival of the citizens of this country, including people from ur tribe.
Nigerians would survive, just the way the people of Anambara survived under the failure called Hoebi, the Third Class illiterate.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by meditator(m): 8:02am On Oct 19, 2023
valudong:


Normally e go hard you get sense for this life.
e go hard make terrorist like u repent
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by CodeTemplar: 8:37am On Oct 19, 2023
Joniboi:
Sarcasm King 😀😀😀
Your head dey there. The only one mention who got my message.
The others just insult their presidential candidate PO.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by imbless: 8:41am On Oct 19, 2023
meditator:
IPOB terrorist!
Head slamming terrorist
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Girlsmartij: 10:05am On Oct 19, 2023
This country is finished
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by LucemFerre: 11:25am On Oct 19, 2023
Is there a day we will wake up and not hear bad news in this country?

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by torqque7(m): 12:27pm On Oct 19, 2023
Xcelinteriors:
It is well
God will always come through for us

Lol didn't you see here some days ago when Nigeria was named second most prayerful and religious nation?yet the country is shit..God will not come down and do magic for you,he gave you the opportunity somany times to help yourselves but we let religious and ethnic bigotry land us is a mess,as long as people in Nigeria keep acting based on sentiments of religion and especially ethnicity then there is NO HOPE FOR THIS COUNTRY.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by meditator(m): 12:35pm On Oct 19, 2023
imbless:

Head slamming terrorist
Your bitterness, acrimony, misery and wailing continues for a minimum of four years.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by ttmax09(m): 12:49pm On Oct 19, 2023
braxjay:
Naira to Nigerians:
I am going higher yes I am
I am going higher this year
I am going above the shadows
Into the realm of greatness
I am going higher yes I am
I am going higher this year
grin grin grin thanks for making me laugh this hard this afternoon.

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by ufuosman(m): 12:52pm On Oct 19, 2023
It’s well
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by imbless: 1:39pm On Oct 19, 2023
meditator:
Your bitterness, acrimony, misery and wailing continues for a minimum of four years.
I stooped so low talking to you initially, I won't entertain the idea of replying to dullard like you again.
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by meditator(m): 2:19pm On Oct 19, 2023
imbless:

I stooped so low talking to you initially, I won't entertain the idea of replying to dullard like you again.
OK Bigot
Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by DrMuzungu(m): 9:53pm On Oct 20, 2023
Shege Th1efnubu!

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