Naira Now 172 Naira To A Dollar. Why? - Business (2) - Nairaland
Nairaland Forum / Nairaland / General / Business / Naira Now 172 Naira To A Dollar. Why? (54170 Views)
Naira Now N225 In Paralllel Market On Friday 25th June 2015 / Devaluation: Naira Now N183 To The Dollar / Naira Now N166 To $1. Can Someone Tell Me What Is Happening? (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (12) (Reply) (Go Down)
| Re: Naira Now 172 Naira To A Dollar. Why? by ooshinibos: 5:23pm On Nov 13, 2014 |
mayorall:external reservse is being use for GEJT TILL 2019 ..AND OFF COURSE OIL PRICE IS DROPPING FAST DUE TO SHALE GAS DISCOVERY IN THE USA ...UK will soon start their shale drilling ..and Naija will have to go back to farming or something else 7 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by pekeyim: 5:23pm On Nov 13, 2014 |
It depends, but not a good trend definitely. |
| Re: Naira Now 172 Naira To A Dollar. Why? by Talkcentral: 5:23pm On Nov 13, 2014 |
umm....so surprice, local hunter Local hunters kill over 70 Boko Haram insurgents, recapture Adamawa town >>>http://www..com.ng/local-hunters-kill-over-70-boko-haram/ |
| Re: Naira Now 172 Naira To A Dollar. Why? by kamez(m): 5:23pm On Nov 13, 2014 |
What else do u expect from a country ruled by a zoologist? 4 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by duni04(m): 5:23pm On Nov 13, 2014 |
OP u no dey follow oil price movement? 1 Like |
| Re: Naira Now 172 Naira To A Dollar. Why? by sammieguze(m): 5:24pm On Nov 13, 2014 |
Sorry. Na gej |
| Re: Naira Now 172 Naira To A Dollar. Why? by iykmon: 5:24pm On Nov 13, 2014 |
I was charged 177 today on Amazon .what is the way forward for this country. Alot of demand for dollars this period. |
| Re: Naira Now 172 Naira To A Dollar. Why? by OkikiOluwa1(m): 5:24pm On Nov 13, 2014 |
mayorall:cos Nigeria refuses to catch up with developed countries |
| Re: Naira Now 172 Naira To A Dollar. Why? by Youngzedd(m): 5:25pm On Nov 13, 2014 |
surveyProf: Where have you been? I have been looking for ya like USA visa. |
| Re: Naira Now 172 Naira To A Dollar. Why? by mastercee(m): 5:25pm On Nov 13, 2014 |
This is bad news for we importers  3 Likes 1 Share |
| Re: Naira Now 172 Naira To A Dollar. Why? by Kasyn(m): 5:26pm On Nov 13, 2014 |
How does that affect the price of GARRI? 2 Likes 2 Shares |
| Re: Naira Now 172 Naira To A Dollar. Why? by bright007(f): 5:26pm On Nov 13, 2014 |
A very good time to ask this question that is on the lips of every nairalander.....how does this naira falling against the dollar affect the price of garri in the market?. 3 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by holatin(m): 5:27pm On Nov 13, 2014 |
hmmmm still people wount vote for change. smh 9 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by adadadon(m): 5:27pm On Nov 13, 2014 |
Yahoo boys don hammer 8 Likes 1 Share |
| Re: Naira Now 172 Naira To A Dollar. Why? by beatsarena: 5:27pm On Nov 13, 2014 |
OMG... where are we going in this country? Even though its a good time to send money home, i'm still not happy cos naira is losing value. In other news Wassup guys... I'm a music producer and music enthusiast, i want you all to please check my site at beatsarena.com I have just created a platform for fellow music enthusiasts. A place where we can discuss about music production, mixing and mastering, song writing and Nigerian music in general. The site is virtually empty that is why i'm reaching out to you guys so we can fill it up with great contents. You are free to send your articles/write ups about music production, music reviews, gist in the music industry, news about producers and other stuffs like that. You can also submit write ups like: How to make an RnB song How to write a rap music or you share your experiences with various music production softwares. it's just a place where people of like minds can meet and talk about new ideas in naija music industry. Guys, let's make history by creating the biggest music forum in Africa. You can send your write ups/videos/ beats/photos of studio sessions/ photos of you playing any musical instrument to beatsarena@gmail.com i will be glad to post it online asap. Please visit the site and check out the various pages we have there. You can even conduct an interview with any producer, sound engineer or an instrumentalist you know. Audio and visuals are accepted, You can also catch me on instagram and twitter: www.instagram.com/BeatsArena www.twitter.com/BeatsArena Tag me to any relevant post and i will surely regram and retweet BEAT IT IF YOU CAN See you guys soon... *winks 2 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by Mathematical(f): 5:27pm On Nov 13, 2014 |
eddiebruk: HAHAHA.. OGA YOU SELFISH... SEE MUSTACHE... |
| Re: Naira Now 172 Naira To A Dollar. Why? by alingo4life: 5:28pm On Nov 13, 2014 |
Opeeeee ohhhh. Make he reach 200sef. Make transaction dey enter for awon goons mii. All those of you blaming the Government are also corrupt in one way or the other.. Ole ni gbogbo waaa. Btw.nobody should quote me... 4 Likes 1 Share |
| Re: Naira Now 172 Naira To A Dollar. Why? by onkanaija(m): 5:28pm On Nov 13, 2014 |
Go ask those guys wey dae Wadata Plaza |
| Re: Naira Now 172 Naira To A Dollar. Why? by Simpsonrocket(m): 5:29pm On Nov 13, 2014 |
Me wey i don dey plan to buy hosting from godaddy.com. Na him dis people con add sand sand for my garri. Where are we going in this country? |
| Re: Naira Now 172 Naira To A Dollar. Why? by Oyeneku3: 5:29pm On Nov 13, 2014 |
Phools.. And they come online screaming " GEJ till eternity "... Gullible idiats.. 8 Likes
|
| Re: Naira Now 172 Naira To A Dollar. Why? by NwaNimo1(m): 5:30pm On Nov 13, 2014 |
Its all good - oil is sold in dollars so it benefits the FG. What if one naira was worth 50 dollars? 1 Like |
| Re: Naira Now 172 Naira To A Dollar. Why? by soludo93(m): 5:30pm On Nov 13, 2014 |
GEJ is at fault. He declared for second term and naira crumbles  8 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by Nobody: 5:30pm On Nov 13, 2014 |
How can someone in his right mind vote Gej again,but I like Gej for power oh,,am so confused ,,GEJ gave us light ,road ,fresh air,better than the rest ,abeg who should I vote again,,if only Jonathan can stop corruption he will be the president of Nigeria forever 3 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by joromi: 5:30pm On Nov 13, 2014 |
I don't even know whether to cry... |
| Re: Naira Now 172 Naira To A Dollar. Why? by Youngzedd(m): 5:30pm On Nov 13, 2014 |
| Re: Naira Now 172 Naira To A Dollar. Why? by EagleNest(m): 5:31pm On Nov 13, 2014 |
There was a currency... History of Naira/Dollar exchange at a glance Date Naira per US $ 1972 0.658 1973 0.658 1974 0.63 1975 0.616 1976 0.62 1977 0.647 1978 0.606 1979 0.596 1980 0.550 (0.900 PM) 1981 0.61 1982 0.673 1983 0.724 1984 0.765 1985 0.894 (1.70 PM) 1986 2.02 (3.90 PM) 1987 4.02 (5.90 PM) 1988 4.54 (6.70 PM) 1989 7.39 (10.70 PM) 1990 7.39 (10.70 PM) 1991 8.04 (9.30 PM) 1992 9.91 1993 17.30 (21.90 PM) 1994 22.33 (56.80 PM) 1995 21.89 (71.70 PM) 1996 21.89 (84.58 PM) 1997 21.89 (84.58 PM) 1998 21.89 (84.70 PM) 1999 21.89 (88-90 PM) 2000 85.98 (105.00 PM) 2001 99-106 (104-122 PM) 2002 109-113 (122-140 PM) 2003 114-127 (135-137 PM) 2004 127-130 (137-144 PM) 2005 132-136 2006 128.50-131.80 2007 120-125 2008 115.50-120 2009 145-171 2010 148.21-154.8 2011 151.05-165.1 2012 155.09-161.5 2013 153.21-162.9 From: http://en.wikipedia.org/wiki/Nigerian_naira Nigeria lost its power over dollar in 1986 when Babangida was head 12 Likes 2 Shares |
| Re: Naira Now 172 Naira To A Dollar. Why? by Oyeneku3: 5:31pm On Nov 13, 2014 |
1 Like
|
| Re: Naira Now 172 Naira To A Dollar. Why? by Daniel058(m): 5:31pm On Nov 13, 2014 |
Not bad for Nigerians who receives in $,and never send.. 4 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by Nobody: 5:32pm On Nov 13, 2014 |
This story aint Good at all ....the cost of things will skyrocket walahi 1 Like |
| Re: Naira Now 172 Naira To A Dollar. Why? by morefire: 5:33pm On Nov 13, 2014 |
crude is falling drastically per barrel, hence for an oil dependent country you will see the Niara depreciating to the usd well... also the usd the CBN has can not augment the needs of nigerians.... we anticipate that the naira might fall to about 180 in the coming weeks and 200 by december... before you wake to call people names try and read the news first... it takes the same amount of MB you use in posting shit on naira land to cross check from google lates economic trends 7 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by ratiken(m): 5:34pm On Nov 13, 2014 |
Its purely due to falling oil prices. I expect dummy Anti-GEJ activists to try to score cheap political points. This GEJ government have actually tried to diversify our economy more than any government and aimed at minimizing the impact of dwindling crude price such as at this time. He has targeted the key dollar demanding sectors namely Agricultural products and Automobile. If we can focus and stay self-sufficient on the steel industry, we willwbe nearer our destination. If Nigerians could as much as take the little pains of researching and educating ourselves, we will be agitating for the right things and not asking for a 77 yr old ex-general inept of ideas as a president. 5 Likes |
| Re: Naira Now 172 Naira To A Dollar. Why? by tomiobj(m): 5:34pm On Nov 13, 2014 |
mayorall:. . This your question needs to be specially reserved for the gods |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (12) (Reply)
Items You Feel Embarrassed About When Buying. Share / How To Buy From Alibaba And Ship To Nigeria. / My Experience With UBA Bank. (must Read!!!!!!!)
(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. 30 |