The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates - Business (5) - Nairaland
Nairaland Forum › Nairaland General › Business › The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates (96465 Views)
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| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by miqos02(m): 9:04pm On Jan 01, 2016 |
pretts:gt bank is $150 daily max, stanbic is $350 |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by yemi2plus(m): 9:07pm On Jan 01, 2016 |
pretts:Yes, you can. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by U1(m): 10:15pm On Jan 01, 2016 |
Agbasco:If that's the final rate you got, I'd say that's a steal. I know that might sound disappointing. It pains me so much to say that the highest I ever got has been more than N10 lower than that rate. My latest withdrawal was done just 30th Dec. tranxo:Interesting. Would you believe I have recently started thinking about using my Payoneer card virtually exclusively for purchases? |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by tugrow(m): 10:28pm On Jan 01, 2016 |
richard04:what is your exchange rate |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by tranxo(m): 10:29pm On Jan 01, 2016 |
U1:That's what I've been doing for a while now |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by 989900: 6:58am On Jan 02, 2016 |
So, I was able to use my GT Naira master card for POS transaction @ some 'only God knows' rate. So what is the deal? No foreign ATM cash withdrawal at all, or limited ATM foreign cash withdrawal? What are each bank's respective daily/monthly limits for cash withdrawal and POS/online spend? P.S. If only all these restrictions would at least make sure we get the dollar at, at the least, CBN rate, or say N205 to a dollar; so far, it's still rape and murder with the CBN as an alibi/accomplice more or less. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by 989900: 7:32am On Jan 02, 2016 |
Who knows the current rate and limit for Skye bank, and Jaiz bank? |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by NKGauteng: 10:18am On Jan 02, 2016 |
Agbasco:The same bloody Skye Bank that has been charging N285 per dollar since before Christmas! Armed robbers! Today i was charged N280 per dollar. I guess they decided to "bring it down". Stay away from Skye Bank as much as u can. On top of their paltry $100 per day restriction. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by NKGauteng: 10:21am On Jan 02, 2016 |
989900:Skye Bank is maximum $100 per day and $1000 per month. Current rate is N280/ $1 |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by Pavore9: 10:25am On Jan 02, 2016 |
NKGauteng:Why not have a dom account and have a way of getting inflows into it from outside and pay the sender an agreed exchange rate in Naira to someone he/she appoints. I believe it will be lower than the N280 per dollar Skye is charging you though l know it is not easy getting a sender. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by NKGauteng: 10:30am On Jan 02, 2016 |
Pavore9:That's the issue o. I don't know anyone abroad to do these transactions with. I also have a dom account with them but no means of funding it. Can you believe I got someone in the US who wanted to send me dollars, when I asked for the exchange rate the hungry eediot said 271/ $. Even Nigerians abroad are exploiting the situation to exchange dollars. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by Pavore9: 10:34am On Jan 02, 2016 |
NKGauteng:What exchange rate will be convenient for you? |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by ifax(f): 7:32pm On Jan 02, 2016 |
pretts:In bits. Once u try over 300 it declines and u get a mail/sms telling u u've reached ur daily limit |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by Segun889: 3:45am On Jan 03, 2016 |
Though I haven't checked at what rate I was charged but I made $300 atm withdrawal today GT naira MasterCard |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by Obynolee(f): 7:48am On Jan 03, 2016 |
miqos02:For card withdrawal or POS? |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by miqos02(m): 2:45pm On Jan 03, 2016 |
Obynolee:web purchases |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by pretts(f): 8:32pm On Jan 03, 2016 |
GTBank is still $300 daily...made a payment this morning and it went through miqos02: |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by miqos02(m): 8:53pm On Jan 03, 2016 |
pretts:thanks for the correction |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by arbitrage: 12:50am On Jan 04, 2016 |
I used my Union Visa card yesterday online and was charged N396.35 per Pounds Sterling. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by Kufie(m): 1:03am On Jan 04, 2016 |
Stanley08:Diamond Bank ATM limit is $150 |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by tranxo(m): 12:10pm On Jan 04, 2016 |
Segun889:how much did it amount in Naira? |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by grandstar(m): 5:55pm On Jan 04, 2016 |
989900:when the CBN refuses to devalue, that is why there is round tripping. Economic illiterates dont understand this |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by Segun889: 6:32pm On Jan 04, 2016 |
I was charged about 81,000naira. I think at roughly 270 per $ |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by CHANCEMAN: 6:48pm On Jan 04, 2016 |
NKGauteng:So the person in the US is supposed to sacrifice his money for your benefit by selling at the official rate to u? |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by lordmayor4(m): 8:01pm On Jan 04, 2016 |
Access bank today $1=270 BTW : how many days does it take for PayPal refund to reflect in someone account? I don't understand why you get deducted instantly but have to wait for years to get your refund |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by JAZES(m): 8:11pm On Jan 04, 2016 |
lordmayor4:My brother it takes nothing less than 90days o. Meanwhile if you in the US or canada and u need to buy some dollars, kindly hit me up. If u are in naija and u dont mind paying for d transfer charges, you can hit me up too $7,500 @258. You can hit me up on the details on my signature |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by Nobody: 8:18pm On Jan 04, 2016 |
lordmayor4:Refund takes about four to six days maximum. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by miqos02(m): 8:18pm On Jan 04, 2016 |
grandstar:what benefit did we got from the last devaluation |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by miqos02(m): 8:20pm On Jan 04, 2016 |
lordmayor4:refund is 3. to 4 days? |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by 989900: 8:43pm On Jan 04, 2016 |
grandstar:https://www.nairaland.com/2630715/how-naira-devaluation-impoverish-nigeria https://www.nairaland.com/2573929/poison-further-devaluation-naira Are you willing to pay N140-N200/litre for PMS officially? The CBN is in bed with BDCs and banks in racketeering. |
| Re: The Naira Watch (TNW) -> Strictly Monitoring Naira Exchange Rates by grandstar(m): 6:52am On Jan 05, 2016 |
miqos02:devaluation is never the problem but a symptom of a problem or the correction to it and in this case which is a massive reduction in the country's forex earnings. you may not like devaluations but it is far better than the total mess on ground. |
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