Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,160,414 members, 7,843,230 topics. Date: Tuesday, 28 May 2024 at 09:11 PM

Is It Advisable To Buy Dollar At Todays Rate Of 1200 - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Is It Advisable To Buy Dollar At Todays Rate Of 1200 (2017 Views)

Is It Advisable To Save Money With These Recent Events / Urgent: Can I Just Go To A Bank And Buy Dollar At N433 Instead Of N737 Black Mkt / Naira Appreciates, Sells At N361.5 Per Dollar At Parallel Market (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 6:14pm On Oct 23, 2023
Please I need advice on this is there a chance that dollar rate will still go up?
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 6:17pm On Oct 23, 2023
Will be at 1240-1250 by friday/next week Monday
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by advanceDNA: 6:49pm On Oct 23, 2023
Matix222:
Please I need advice on this is there a chance that dollar rate will still go up?

Buy dollar oooooo

Buy dollar ..... U can never go wrong buying...
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 6:53pm On Oct 23, 2023
advanceDNA:


Buy dollar oooooo

Buy dollar ..... U can never go wrong buying...

I hope so I’m buying now
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 6:59pm On Oct 23, 2023
Wujio:
Will be at 1240-1250 by friday/next week Monday


Is 1230 as at now
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by shuttox: 7:28pm On Oct 23, 2023
Wujio:
Will be at 1240-1250 by friday/next week Monday
Now 1240
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by advanceDNA: 7:32pm On Oct 23, 2023
Matix222:


I hope so I’m buying now

No need to hope....

It's a certainty with a clueless and wicked government in power.....

It will even enter 2000naira before end of first quarter 2024
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 8:07pm On Oct 23, 2023
shuttox:

Now 1240

Na wa o.
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by BannedUser: 9:30pm On Oct 23, 2023
Matix222:
Please I need advice on this is there a chance that dollar rate will still go up?

Wait till January. The scenario that happened around this time last year is going to play out again.
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by imoh4king(m): 10:22pm On Oct 23, 2023
BannedUser:


Wait till January. The scenario that happened around this time last year is going to play out again.


Exactly!

The naira is being getting weaker or nose - diving due to market participants taking advantage of the parameters and factors influencing the stronger dollar.

I expect the naira to retrace based on certain policies enacted by the new Governor laising with Tinubu on dollar liquidity crisis.

I will wait till it retraces back to about N800 / N1000.
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:49am On Oct 24, 2023
Naira is going to regain strgenght anywhere from its current levels. Do not buy around $1240 to hold for long
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by emmanuelbrown26: 8:17am On Oct 24, 2023
With d crumbs of appointment Tinubu has now as ministers and Co, I don't see dollars coming back..
Then, Tinubu is ready to borrow more money and from speculations, he planned borrowing over 20 trillion naira, it means naira has to be crashed a bit.
Also, since Tinubu is not focusing on local production, naira will keep going higher
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 6:57am On Oct 27, 2023
emmanuelbrown26:
With d crumbs of appointment Tinubu has now as ministers and Co, I don't see dollars coming back..
Then, Tinubu is ready to borrow more money and from speculations, he planned borrowing over 20 trillion naira, it means naira has to be crashed a bit.
Also, since Tinubu is not focusing on local production, naira will keep going higher

Dollar has fallen oo😢😢😢
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:02am On Oct 27, 2023
Matix222:


Omo I bought around 1240 now dollar is 1960 any hope?


Who told you dollar is 1960?
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:19am On Oct 27, 2023
Wujio:



Who told you dollar is 1960?

He meant 1196
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:20am On Oct 27, 2023
Miravik900:


He meant 1196


Dollar may plummet. It is in uncertain region now. Go and trade back.to.Naira. Bankers are even scared now where it's going next. I checked and dollar is still around 1,240-1,300 so no loss. You can't hold dollar at 1240 rate. No. It is wrong go and exchange back to Naira. You lost the rally.already
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:35am On Oct 27, 2023
Wujio:



Dollar may plummet. It is in uncertain region now. Go and trade back.to.Naira. Bankers are even scared now where it's going next. I checked and dollar is still around 1,240-1,300 so no loss. You can't hold dollar at 1240 rate. No. It is wrong go and exchange back to Naira. You lost the rally.already
There is a slight loss oo so there is no hope it will skyrocket again a dollar is trading for 185 naira now
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:36am On Oct 27, 2023
Miravik900:

There is a slight loss oo


Dollar isnt 1196. Dollar is still hovering around 1,250-1,300. Go and confirm
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:39am On Oct 27, 2023
Dollar will begin a crash towards 750-850 anytime it begins to pick up oace into next year. Whether the crash will begin later this year i dont know. But a crash is definitely coming

1 Like

Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by emmanuelbrown26: 7:40am On Oct 27, 2023
Matix222:


Dollar has fallen oo😢😢😢

To how much sir
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:42am On Oct 27, 2023
Wujio:



Dollar isnt 1196. Dollar is still hovering around 1,250-1,300. Go and confirm

See

Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:44am On Oct 27, 2023
Miravik900:


See


Is the dollar in an online platform or in your domicilary account ?
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:45am On Oct 27, 2023
emmanuelbrown26:

To how much sir

Now is 180 but before today runs out it will fall to 150 or below
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:45am On Oct 27, 2023
Wujio:



Is the dollar in an online platform or in your domicilary account ?

Crypto wallet is the same as black market rate
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by emmanuelbrown26: 7:46am On Oct 27, 2023
Miravik900:


Now is 180 but before today runs out it will fall to 150 or below
180 or 1,800?
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:46am On Oct 27, 2023
Miravik900:


Crypto wallet is the same as black market rate


Go and ask the exchange guys on the street please



https://www.ngnrates.com/market/exchange-rates/us-dollar-to-naira/black-market
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:48am On Oct 27, 2023
emmanuelbrown26:

180 or 1,800?

Sorry 1800
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:52am On Oct 27, 2023
Wujio:



Go and ask the exchange guys on the street please



https://www.ngnrates.com/market/exchange-rates/us-dollar-to-naira/black-market
Is the same thing bro my dollar is in my wallet so any changes that affect the market reflects on the wallet immediately the dollar is going down to 1170 it might reach 1000 today sef
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 7:54am On Oct 27, 2023
Miravik900:

Is the same thing bro my dollar is in my wallet so any changes that affect the market reflects on the wallet immediately the dollar is going down to 1170 it might reach 1000 today sef


I dont know about any dollar holding reserves outside the regular dollar. Sorry i cant give counsel so i dont mislead you. Check your heart and take the best decisions you come out with in your heart
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 7:57am On Oct 27, 2023
Wujio:



I dont know about any dollar holding reserves outside the regular dollar. Sorry i cant give counsel so i dont mislead you. Check your heart and take the best decisions you come out with in your heart

Have traded my dollar at a of 11800 I had a minor los tho

(1) (2) (3) (Reply)

Nepa/phcn Website / I Need Lead Ore Suppliers Urgently Prefferably Direct Miners Only Please. / Become A Baba Bets Agent In Your Area

(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. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.