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Rate The Purchasing Power Of [5naira] Or What Can It Still Buy? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessRate The Purchasing Power Of [5naira] Or What Can It Still Buy? (613 Views)

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Rate The Purchasing Power Of [5naira] Or What Can It Still Buy? by Tbillz(op): 6:39pm On Jul 15, 2016
Five naira been the last denomination of Nigerian currency is becoming valueless and also lack the capacity of purchasing any valuable commodity. What then is still it relevance as a medium of exchange?
Re: Rate The Purchasing Power Of [5naira] Or What Can It Still Buy? by INTROVERT(f): 6:42pm On Jul 15, 2016
"Center filled" chewing gum grin
Re: Rate The Purchasing Power Of [5naira] Or What Can It Still Buy? by Tbillz(op): 7:08pm On Jul 15, 2016
INTROVERT:
"Center filled" chewing gum grin
Like orbit sha?
Re: Rate The Purchasing Power Of [5naira] Or What Can It Still Buy? by Nobody: 8:32pm On Jul 15, 2016
Tbillz:
What then is still it relevance as a medium of exchange?
It is used to round up change. No way to get your 25.00 change back without a 5.00 attached.

You say it has no value. Stack up 200 5.00 notes[1,000.00] and see if its still valueless.
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