A Decade Of The Exchange Rate Between Naira And Dollar - Business - Nairaland
Nairaland Forum › Nairaland General › Business › A Decade Of The Exchange Rate Between Naira And Dollar (498 Views)
| A Decade Of The Exchange Rate Between Naira And Dollar by Jokerman(op): 5:43pm On Dec 29, 2024*. Modified: 6:35am On Dec 30, 2024 |
ONE DECADE OF NIGERIAN NAIRA 27 Dec 2024 — $1 = ₦1,539.87 27 Dec 2023 — $1 = ₦896.61 28 Dec 2022 — $1 = ₦448.08 27 Dec 2021 — $1 = ₦412.00 29 Dec 2020 — $1 = ₦380.00 27 Dec 2019 — $1 = ₦307.00 27 Dec 2018 — $1 = ₦307.00 27 Dec 2017 — $1 = ₦306.10 28 Dec 2016 — $1 = ₦305.25 29 Dec 2015 — $1 = ₦197.00 29 Dec 2014 — $1 = ₦168.00 10yrs ago, $1 exchanged for ₦168.00, it is now going to about 1,000% increase. #StatiSense (CBN) 2004 to 2014 & 2014 to 2024 27 Dec 2024 — $1 = ₦1,539.87 |||||||||||||||||||||||||||||||||||||||||| 29 Dec 2014 — $1 = ₦168.00 |||||||||||||||||||||||||||||||||||||||||| 27 Dec 2004 — $1 = ₦132.85 #StatiSense (CBN) https://x.com/StatiSense/status/1873403676527645178?t=dfeUXUfao0Z-m13342-ZxA&s=19 1 Like 1 Share |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by Donald7610: 6:02pm On Dec 29, 2024 |
What did you produce for export? Import and Import Generation Everything na BAT 🦇 |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by Dreal1247: 6:06pm On Dec 29, 2024 |
APC reducing the value of everything it comes into contact with. Even Tinubu was assumed to be be a genius, but APC has proven it wrong. Nigeria will surely survive and overcome APC in the most dramatic way. 2 Likes |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by malali: 6:19pm On Dec 29, 2024 |
Real money is Gold, even the US dollars is deflationary since the bretton woods accord. 1 oz of gold was 35 US dollars. Today 1 oz of gold is 2700 US dollars. 1 Like 1 Share
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| Re: A Decade Of The Exchange Rate Between Naira And Dollar by CodeTemplarr: 6:58pm On Dec 29, 2024 |
A decade of Naira subsidy actually. Imagine buying petrol for as high as N700 a dar back as 2014. Thats what what would have happened if there was no forex subsidy or Naira support as we like to call it 1 Like |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by CodeTemplarr: 7:00pm On Dec 29, 2024 |
malali:Stop sounding terribly stupid because you want to drag others down as a way of levelling up with the catastrophic performance of your ogas. |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by CodeTemplarr: 7:02pm On Dec 29, 2024 |
Dreal1247:Those in charge are nothing but cataclysmic clowns. They have abandoned production and are depending on taxation + money printing. |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by CodeTemplarr: 7:05pm On Dec 29, 2024 |
Donald7610:what can be produced locally and compete internationally when you have to pay rent seekers on the streets and civil services? They say suubsidy is the cause of corruption but adamantly maintain all the subsidy that fabours them and their political ambitions. Hajj, Luxury, etc are they not forms of subsidies to the elites? |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by malali: 7:06pm On Dec 29, 2024 |
CodeTemplarr: |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by Godfullsam(m): 7:07pm On Dec 29, 2024 |
This APC party has really dealt with Nigeria and her currency in particular. 3 Likes |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by malali: 7:08pm On Dec 29, 2024 |
CodeTemplarr: |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by malali: 7:09pm On Dec 29, 2024 |
CodeTemplarr: |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by ivandragon: 7:10pm On Dec 29, 2024 |
What apc and bat supporters are yet to explain in thier present justification of the high exchange rates and fuel prices are; 1. Why did BAT condemn exchange rate of N217:$1 in 2014 as too high and a result of government incompetence? 2. Why did BAT campaign to reduce exchange rate to N300:$1 in 2023 if he and his supporters knew that a higher exchange rate would be more beneficial to Nigeria as they are trying to justify today? 3. Why did BAT campaign against subsidy removal in 2012 and say the price of fuel at N140 was too high if he knew that subsidy had to go and fuel prices increase to stop Nigerians enjoying 'free things'? 4. Why do apc and bat supporters justify inflation rate at over 35% today but condemned inflation rate of 8.5% in 2014 as too high? 5. Why do apc and bat supporters attack people who criticise bat when they were even worse critics in 2014 and nobody insulted thier tribes or called them derogatory names, but when they are critiqued today, they insult tribes and see everything as an attack? 1 Like 1 Share |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by ogolemati: 7:12pm On Dec 29, 2024 |
Jokerman: 2 Likes |
| Re: A Decade Of The Exchange Rate Between Naira And Dollar by Jokerman(op): 6:34am On Dec 30, 2024 |
ogolemati:APC is a demonic party... From 2004 to 2014, the change margin was just little... Take a look below 👇 2004 to 2014 & 2014 to 2024 27 Dec 2024 — $1 = ₦1,539.87 |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 29 Dec 2014 — $1 = ₦168.00 |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 27 Dec 2004 — $1 = ₦132.85 #StatiSense (CBN) |
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