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Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense (35220 Views)

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Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by References1(op): 8:14pm On Mar 18, 2024
15 WORST CURRENCIES AGAINST THE US DOLLAR — 18 MARCH 2024

YoY Loss Against USD:
1 🇱🇧Lebanon: -497%
2 🇸🇾Syria: -418%
3 🇦🇷Argentina: -319%
4 🇳🇬Nigeria: -239%
5 🇸🇸South Sudan: -102%
6 🇹🇷Türkiye: -70%
7 🇦🇴Angola: -68%
8 🇲🇼Malawi: -64%
9 🇪🇬Egypt: -52%
10 🇻🇪Venezuela: -51%
11 🇧🇮Burundi: -38%
12 🇨🇩Congo: -33%
13 🇧🇾Belarus: -30%
14 🇱🇦Laos: -24%
15 🇿🇲Zambia: -23%
StatiSense

Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Namaster: 8:18pm On Mar 18, 2024
Tinubu is in over his heads. He has no idea what he is doing in Nigeria.

Nigeria is not Lagos. Nigeria is a 1000X more TUMULTUOUS with actors whose stock in trade is sabotaging the government.

His questionable history doesn't help. His lopsided appointments make things worse. He hands out appointments like a kid handing out lollipops at his birthday party—overlooking people who deserve it because they are not his "friends".

He has won politics in Nigeria. It's time to resign and go back to Bourdillion.

Ordinary South Sudan that gained independence in 2011 has a currency that is doing better than Naira.

Tinubu has failed!
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by immortalcrown(m): 8:21pm On Mar 18, 2024
APC said ₦216 per Dollar was too much. Therefore, no APC government is good unless Naira goes below 216 per Dollar in the regime.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Feintline:
Remove argetina from that list. The new President has given the country an incredible turnaround in less than 3 months.

The new president is a peter obi like person that leads by personal example.
Argentina is on a massive rebound.
The president has dealt a fatal blow to corruption beginning from himself, his ministers and so on.

In the case of Nigeria.
Tinubu himself is the corruption ceazer.
He grabbed power on a platform of corruption and criminality.

In the words of Daniel bwala, if you like give tinubu 30yrs, there is nothing he will do.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by bouncin04(m): 10:04pm On Mar 18, 2024
Surprisingly North Korea isn't part of the list hmmm.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Angelfrost(m): 10:05pm On Mar 18, 2024
Nothing new...!

Naira is drowning, sorry floating. tongue
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Zico5(m): 10:05pm On Mar 18, 2024
Naira is like gaari Ijebu. It will rise again.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Ofunaofu:
Bayo Onanuga can come forward with his usual comparisons, regaling us with how the Nigerian naira isn't one of the worst currencies against the dollar; in fact,  the naira is performing far better than the currencies of Lebanon and Syria.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by benuejosh: 10:05pm On Mar 18, 2024
BUY NAIJA TO GROW NAIRA!

Buy Original not Aba made. Them say Aba made no the last and the colours the bright pass original.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by 735i(m): 10:06pm On Mar 18, 2024
It is impossible for a currency to depreciate by over 100%. This is shabby reporting.
It's true that the currencies listed have performed very badly, but their computations are wrong.

For a currency to be negative 100, it means that you holding the currency is you owing in USD, which is impossible.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by oluseyiforjesus(m): 10:06pm On Mar 18, 2024
All thanks to APC who all have their investment in dollars
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by KIDfurniture(m): 10:06pm On Mar 18, 2024
grin
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by edogu(m): 10:06pm On Mar 18, 2024
Apart from Nigeria and Angola, there's no other oil exporting countries on that list. At a time when we should be taking advantage of the global rise in price of crude oil, our case seems to be the worse.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by flakkypastries: 10:06pm On Mar 18, 2024
Epatewo fun Tinnnnnnuuuubu
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by NaijaCoverBlog(m): 10:06pm On Mar 18, 2024
Inukwa ooooo
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by mmafhew(m): 10:06pm On Mar 18, 2024

Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Sabadon(m): 10:06pm On Mar 18, 2024
Chai
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Tallesty1(m): 10:06pm On Mar 18, 2024
Let me give you a practical example of how APC, especially Tinubu messed up the Naira.

The price of 3 mudu of rice under Tinubu government; that is approximately 26 cups of rice, would get you a bag of rice during Jonathan's tenure.


Think about it.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by christejames(m): 10:06pm On Mar 18, 2024
Even the worse economics students know this undecided
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by aikfrank(m): 10:07pm On Mar 18, 2024
Even Russia who's currency has been blocked by major world leaders isn't here.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by CannibalTorment: 10:07pm On Mar 18, 2024
hhng
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Adebaba1(m): 10:08pm On Mar 18, 2024
baby steps
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by iichidodo: 10:08pm On Mar 18, 2024
[color=#2986BC] An economic masterstroke would be to abandon the naira and apply to France on the use and propagation of CFA in Nigeria, Why? All our neighbors are using it thus there's seamless economic interconnectivity, it has been stable for the past decade and will remain so for the next because the macroeconomic fundamentals are very strong, We can get the best of french economists to supervise the currency stability. Let's face it, the naira is going to suck much more infact far worse than a donkey's balls, so why not just ask for help from your neighbors who seems to be getting it right?[/color]
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by NFBI: 10:08pm On Mar 18, 2024
Thanks jah i am not in Lebanon
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Yankee101:
If you add buhari’s decline it’s over 1000%
An APC failure
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by onyx1470(m): 10:08pm On Mar 18, 2024
immortalcrown:
APC said ₦216 per Dollar was too much. Therefore, no APC government is good unless Naira goes below 216 per Dollar in the regime.
Baba! This matter tire.. mind go touch ground
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by ZUKKYY(m): 10:08pm On Mar 18, 2024
1k no reach anything this days 🤦🏼‍♂️
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by geoworldedu: 10:08pm On Mar 18, 2024
We are fourth on the EPL table. We have qualified for UCL as it is, but we need to be first to win the trophy of failed state.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by CannibalTorment: 10:08pm On Mar 18, 2024
Feintline:
Remove argetina from that list. The new President has given the country an incredible turnaround in less than 3 months.

The new president is a peter obi like person that leads by personal example.
Argentina is on a massive rebound.
The president has dealt a fatal blow to corruption beginning from himself, his ministers and so on.

In the case of Nigeria.
Ti ubu hinself is corruption
He grabbed power on a platform of corruption.
In the words of Daniel bwala, if you like give tinubu 30yrs, there is nothing he will do.
Peter girigory Obi was disgraceful defeated by eze-chukwu Tinubu of Igbo land

Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Anatolia: 10:09pm On Mar 18, 2024
All those his foolish supporters will be mocking Peter Obi when their leader is a failure. It is only in Nigeria people will cheat their way into power and still be laughing at people who are better than them. The weight of foolishness in this country is dragging the country down.
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by RichIgboBoy: 10:09pm On Mar 18, 2024
Some people will still defend this
Re: Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense by Racoon(m): 10:09pm On Mar 18, 2024
This is despite the silly criminal government still holding biance excos hostage. It is not by might or power, your utter cluelessness and ineptitude is everywhere for all to see.
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