₦airaland Forum

Naira floating does not exist because d real value of naira t0 dollar is close to N300000 for $1
what BAT APC did was naira subcidy reduction at N1600 for $1


z

netricoin:
Naira floating does not exist because d real value of naira t0 dollar is close to N300000 for $1
what BAT APC did was naira subcidy reduction at N1600 for $1


z

Can you show us a chart or a link at least to prove the real value of the naira is close to #300,000 to a dollar?

Obaaderemi2:
Can you show us a chart or a link at least to prove the real value of the naira is close to #300,000 to a dollar?

Even without chart or link u can use d economy to predict d real value of a country currency. nigeria economy is now is as bad as some african nation in d past that had very low value currency to d $

netricoin:
Even without chart or link u can use d economy to predict d real value of a country currency. nigeria economy is now is as bad as some african nation in d past that had very low value currency to d $

So is there any African country right now whose currency is close to 300,000 to a dollar?

Obaaderemi2:
So is there any African country right now whose currency is close to 300,000 to a dollar?

It can b any country in the world
affected by war

netricoin:
It can b any country in the world
affected by war

only the Iranian rial is up to that amount, that is because of sanctions, insecurity, war with neighbouring nations and all.
Nigerian is not at war nor suffering from any sanction.

1500 is the true value if you look at other countries

richmond500:
only the Iranian rial is up to that amount, that is because of sanctions, insecurity, war with neighbouring nations and all.
Nigerian is not at war nor suffering from any sanction.
1500 is the true value if you look at other countries

U can only know d true value if d bat apc fg allow d naira to fall low and to increase without them adding any subsidy. Nigeria economy is not presently good for a stable currency, too much printing of money in d hand of some people is d reason of high inflation, and insecurity has made nigeria to look like a war country
p