₦airaland Forum

Is it

Budget ₦305/$

Interbank ₦315/$

BDC ₦389/$

Parallel Market ₦450/$ or

Black Market ₦485/$...?

Anyone?

Don't be deceived, it's 'practically 'worthless.

Direct your question to GOD...not us..becos even Buhari him set don't know

Dangote special exchange rate: ₦205

Muslim pilgrims: ₦199

Garba Shehu and co: at the discretion of the President

Buhari, Aisha and family: ₦0 to a dollar

BlackDBagba:
Don't be deceived, it's 'practically 'worthless.

The naira is worthless outside nigeria and her border nations.

The existence of all these different rates allows the well connected to make a shed load of money by buying forex at the cheap rate to sell at the higher rate. This is another way in which poor policies create an enabling environment for corruption to thrive.

For now Naira is worthless than buhari regime.

I pray naira strength as soon as possible.

little or no value

It's worth is inversely proportional to ur worth in the society...

Terrible.. Can't even travel out for Xmas unlike other years.

Hmm... If I tell you, you for get heart attack. The True value is about N520/$1

Buhari family travel subsidy is about N11
Dangote subsidy is about N5
Northern pilgrimage subsidy is about N5
Northern elite (Emir Sanusi, Sultan, I see you) subsidy is about N10
Then Tinubu, Chagoury, and other investors subsidy cut is about N10.

When you add it up, it is about 40naira. 520-40=480. But the government has been bullying the BDC (money changers) to keep it low, thus the 480 black market price.

Then again, I received brain this morning and I've been misbehaving ever since.

If you look at rates, one can see clearly that corruption going on in this administration is mind blowing .... The first family and friends are making money

This is a clear indication of the high level of corruption,incompetence and insincerity of this present administration!

"As it stands now Nigeria is completely finished,but if this detrimental trend continues then Nigeria will be Finished completely".


where is Sarrki sef?

Naira is making evrything become priceless

Naira is practically worthless now
Hope the value improves when dangote refineries come on stream
We hope to see a better 2017

We're in for something serious

ask this lady

May God hep us endure,till dis tenure xpires,we need som1 capable nt d dul.lard we hav as ruler.

Here in my village #1 is still equal to$1. The only problem we have is that no dollar to change.

Even 50naira is becoming worthless.

A bottle of water is 70naira now

anywhere belle face...

The truth is the Naira is practically USELESS now and no help to the inflation foresight. The other day my sis wanted to purchase an electronic online, loaded her account only to be charged ridiculous as the Naira is now pitched at #600/£1. Let's be sincere to ourselves regardless of tribe, religion or sentiments, Buhari is not worthy to rule a complex country like Nigeria. He has got no qualifications that can effect change in this modern era and he is alien to effective economic policies. His minsters are selected based of nepotism as you don't give an accounting portfolio to a woman whose highest education is BSc and from a uni below par, and the wrong professions in wrong ministry. Nigeria is in for a tougher time and unfortunately we have to smile as it's our motto; "Suffering and Smiling". Even after 2019, we will still be suffering because we will vote in another ineffectual candidate based on our hate for the present one. In all said, and to the topic, "The Naira is Dead For Now and Won't be Alive For a Longer, Longest Time".

The true value is the rate at which you can buy it easily.

Naira has no real value because someone is busy being taken care of in the kitchen.

True value is =N=450

RIP Naira!

Zilch.

I never knew the naira has depreciated so bad till I was told yesterday that one MAC lipstick now sells for 10,500 naira.

Something my friend said used to be around 3,500 naira.

No wonder so many people are angry, pained, upset, frustrated, etc and seeking just anybody to vent their anger and frustrations on.

It is #1,000 note = #400 in value.

For you to know the true exchange rate of N/$ check the price of burger at KFC in America and how much they are selling same at KFC in Nigeria, that is the true rate of N/$ the rest rates are political!

Zombies would keep defending Buhari.