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Ghana Currency Achieves Single Digit Value Against The Dollar - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsGhana Currency Achieves Single Digit Value Against The Dollar (3988 Views)

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Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:07am On May 31, 2025
I think this is quite impressive as the Ghanian currency cedis is in hot pursuit of the dollar as 1 dollar is equivalent to 9 Ghana cedis.
I also heard Yahoo boys are now flooding Ghana to bomb 💣 too.

Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Didijiji:
And the cone headed man will be there speaking English with over confidence whilst the our own is heated at triple value.

Na so dem build lagos
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by DatIgalaDude: 5:18am On May 31, 2025
God abeg, who do Nigeria?
Cordoso, go and learn from this people.
We need to humble ourselves and ask Ghanians what they are doing right.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Coder2Client(m): 5:22am On May 31, 2025
Is there anything wrong in redominating naira?
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:22am On May 31, 2025
DatIgalaDude:
God abeg, who do Nigeria?
Cordoso, go and learn from this people.
We need to humble ourselves and ask Ghanians what they are doing right.
Exactly bro.its absolutely madness to exchange 1 dollar for 1,600 naira.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by DatIgalaDude: 5:23am On May 31, 2025
guobe:
Exactly bro.its absolutely madness to exchange 1 dollar for 1,600 naira.
Better madness
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:23am On May 31, 2025
Didijiji:
And the cone headed man will be there speaking English with over confidence whilst the our own is heated at triple value
Doesn't make sense what they are doing with our currency.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Toosure70: 5:25am On May 31, 2025
DatIgalaDude:
God abeg, who do Nigeria?
Cordoso, go and learn from this people.
We need to humble ourselves and ask Ghanians what they are doing right.
no magic bro, Ghana is one of the major supplier of palm oil to Nigeria. Nigeria keep importing pineapples, cherry (agbalumo) and other foods from cotonu
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:28am On May 31, 2025
Toosure70:
no magic bro, Ghana is one of the major supplier of palm oil to Nigeria. Nigeria keep importing pineapples, cherry (agbalumo) and other foods from cotonu
My friends in America and UK say you see made in Ghana products in supermarkets abroad and you can hardly see made in Nigeria products there.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by thesicilian: 5:29am On May 31, 2025
Commendable, I'm impressed. But you do also realize that exchange rate does not necessarily equal purchasing power parity?. As in, even if 1 Ghana cedis is = 1 dollar, it doesn't mean they both have the same economic value in both countries?
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:30am On May 31, 2025
thesicilian:
Commendable
Absolutely
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by MaziObinnaokija: 5:34am On May 31, 2025
cool. ALL WILL BE WELL
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:36am On May 31, 2025
MaziObinnaokija:
cool. ALL WILL BE WELL
Lol when
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Hezzyluv:
huh
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Didijiji: 5:45am On May 31, 2025
guobe:
Doesn't make sense what they are doing with our currency.
they are clueless
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:46am On May 31, 2025
Didijiji:
they are clueless
I don't really know the benefit of having a currency of that kind of exchange.
Maybe there is something they are not telling us.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:47am On May 31, 2025
Hezzyluv:
Tinubu, you can go to Ghanian president for a lunch, then you guys should discuss about governance afterwards. Perhaps, there will be more improvement.
Lol abi
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by MaziObinnaokija: 5:48am On May 31, 2025
guobe:
Lol when
RELAX cool
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by guobe(op): 5:48am On May 31, 2025
MaziObinnaokija:
RELAX cool
Ok o
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by mytime24(f): 6:02am On May 31, 2025
Africa giant left d WhatsApp group 🧐
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Peakdesign23(f): 6:06am On May 31, 2025
Meanwhile, Nija still dey backward for everything. Mtcheew.....
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Ofunaofu:
This is the essence of true economic reform, delivering measurable results without imposing undue hardship on the citizenry.

Tinubu, Wale Edun, Cardoso, and others who claim to have made Lagos what it is today must acknowledge that their policies have contributed to the collapse of the naira and the crash of the Nigerian economy in just two years. They owe Nigerians an apology and must be willing to set aside their pride. It may be wise for them to seek guidance from Ghana’s leadership, whose approach to economic reform offers valuable lessons in balancing progress with compassion.

What has been imposed on Nigerians in the name of reform has been anything but, a series of harsh, poorly conceived policies that have led to widespread hardship, strife, hunger, and rising insecurity.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Oxb90: 6:14am On May 31, 2025
A country that is telling itself the truth.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by tolugar:
And somehow, someone in Nigeria won CBN governor of the year in the whole of Africa. 😂


I knew it was rigged.


Anyway sha, the higher the dollar the better for me
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by SocialFinance: 6:37am On May 31, 2025
Add 0000 to the single digit of cedi

That's the time you can compare it to Naira

Always looking for way to talk down on their country.

Hezzyluv:
Tinubu, you can go to Ghanian president for a lunch, then you guys should discuss about governance afterwards. Perhaps, there will be more improvement.
See gala seller aka school na scam

guobe:
My friends in America and UK say you see made in Ghana products in supermarkets abroad and you can hardly see made in Nigeria products there.
They plenty, I tell you. Say the truth you and your friend never reach airport before
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Myrepublic(m): 6:39am On May 31, 2025
Do anything good come of APC,No is the answer. All they know is propaganda and OBI/OBEDIENTS.

Buhari and his s..ens. e.less followers said PDP was their problem,now BAT and his ,are saying OBI and OBEDIENTS are the reason why they lie and loot . And the sen.. less followers and defenders can't even afford three square meal a day.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Amotolongbo(f): 6:41am On May 31, 2025
Ok
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by brain54(m):
guobe:
My friends in America and UK say you see made in Ghana products in supermarkets abroad and you can hardly see made in Nigeria products there.
Ask your American friend what those made in Ghana products are...

That are found in American supermarkets.

To prevent the spread of false narratives.

Apart from gold, Cocoa which they are a major world supplier,palm oil and the other "natural" resources they export Ghana doesn't produce anything significant talkless of exporting them. I am talking of finished processed goods.

Ghana's economy is import dependent even more than the Nigerian economy.

A small nation that depends on other countries even for her food needs.

I believe Nigeria that is technically at war- bokoharam and with many security challenges etc still produce more food to meet local consumption compared to Ghana!
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by obi4eze(m): 7:11am On May 31, 2025
Nigeria, see una mate na.
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by davillian(m): 7:17am On May 31, 2025
thesicilian:
Commendable, I'm impressed. But you do also realize that exchange rate does not necessarily equal purchasing power parity?. As in, even if 1 Ghana cedis is = 1 dollar, it doesn't mean they both have the same economic value in both countries?
that one no concern us let #1 = $1
and leave the rest to us ..
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by HenryThegreat1(m): 7:19am On May 31, 2025
Why the terrible president of Nigeria is pushing his own achievement on newspaper
Re: Ghana Currency Achieves Single Digit Value Against The Dollar by Obaaderemi2: 7:23am On May 31, 2025
brain54:
Ask your American friend what those made in Ghana products are...

That are found in American supermarkets.

To prevent the spread of false narratives.

Apart from gold, Cocoa which they are a major world supplier,palm oil and the other "natural" resources they export Ghana doesn't produce anything significant talkless of exporting them. I am talking of finished processed goods.

Ghana's economy is import dependent even more than the Nigerian economy.

A small nation that depends on other countries even for her food needs.

I believe Nigeria that is technically at war- bokoharam and with many security challenges etc still produce more food to meet local consumption compared to Ghana!
You talk about Ghana exporting gold Palm oil and other natural resources. What does Nigeria export other than crude oil? Ghana is also one of the largest exporters of cocoa.
Nigeria used to be among the largest exporters of cocoa and palm oil. Where are we today?
1 2 3 4 Reply

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