How Much A Sewing Machine Cost In 1983 - Nairaland / General - Nairaland
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Nairalanders, I Need A Sewing Machine. Kindly Help / 1983 Class: Ics Great Ahiaeke Inaugurates National Exco As Barr. Vincent Dike E / Achievements Of Lateef Jakande's Government From October 1979 To December 1983 (2) (3) (4)
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| How Much A Sewing Machine Cost In 1983 by Nobody: 9:05pm On Mar 02, 2019 |
I was in the sitting room with my sisters today when my mom came in with this oil-stained papers.  Well apparently, they're the receipts of a Sewing Machine she bought over three decades ago, (1983) to be specific.In case anyone is wondering what brand of Sewing machine it is, it's Singer and the machine is alive, in good condition and functioning perfectly up till this day. How much does a standard sewing machine cost today? 12 Likes 5 Shares
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| Re: How Much A Sewing Machine Cost In 1983 by Nobody: 9:19pm On Mar 02, 2019 |
 That money can only buy 200naira agege bread. 28 Likes 3 Shares |
| Re: How Much A Sewing Machine Cost In 1983 by victvames(m): 9:20pm On Mar 02, 2019 |
Thought it'd be like #2.50k 92 Likes 3 Shares |
| Re: How Much A Sewing Machine Cost In 1983 by delugajackson: 9:40pm On Mar 02, 2019 |
Times have really changed. These days, N250 can't even buy you a plate of Kpomo and extra at Iya Basiru's bukka. 45 Likes 6 Shares |
| Re: How Much A Sewing Machine Cost In 1983 by peanutbutter(f): 10:16pm On Mar 02, 2019 |
You're visiting the wrong mama put then  delugajackson: 116 Likes 4 Shares |
| Re: How Much A Sewing Machine Cost In 1983 by Cue4rm: 10:17pm On Mar 02, 2019 |
That was b4 Buhari destroyed our currency. That guy is a failure by default. 49 Likes 6 Shares |
| Re: How Much A Sewing Machine Cost In 1983 by kay29000(m): 10:17pm On Mar 02, 2019 |
Interesting |
| Re: How Much A Sewing Machine Cost In 1983 by scave(m): 10:18pm On Mar 02, 2019 |
hmm that's less than a dollar to naira that's really a change to next level, happy tour 3 Likes |
| Re: How Much A Sewing Machine Cost In 1983 by Strongbest(m): 10:18pm On Mar 02, 2019 |
How time flies 1 Like |
| Re: How Much A Sewing Machine Cost In 1983 by rusher14: 10:18pm On Mar 02, 2019 |
That's 250 pounds. Over 100k. 12 Likes 2 Shares |
| Re: How Much A Sewing Machine Cost In 1983 by Beremx(f): 10:19pm On Mar 02, 2019 |
That amount of money was big back then. It could even buy 7bags of rice 15 Likes 1 Share |
| Re: How Much A Sewing Machine Cost In 1983 by Nobody: 10:19pm On Mar 02, 2019 |
Then, I don de swallow fufu. Let us see how bad our Naira has depreciated. Computing the dollar equivalent of N246 in 1983 In 1983, $1=0.724NGN Therefore $? =246NGN for sewing machine Cross multiplying N246 X 1$/ 0.724 = $339.77 is the price in USD of the machine in 1983. Fast forward to 2019>>>>>>>>>>>>>>>>>>>>>>> As at today, 2/02/2019, 1$ = 361.50 (official) Converting the dollar equivalent of the price of the sewing machine in 1983 to today's value in Naira: Since 1$ today = N361.50 Price of Sewing machine in 1983(in $) = $339.77 1$ =N 361.50 339.77$ = ?N Cross multiplying = N361.50 x $339.77/1 = N122,826.86 (value today) Therefore, the price of that Sewing machine in 1983 can buy about 4 Butterfly brand sewing machines in 2019. PS: Minimum wage in 1983 is about N300.  Our successive governments have killed Nigeria.108 Likes 10 Shares
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| Re: How Much A Sewing Machine Cost In 1983 by Bluffly: 10:19pm On Mar 02, 2019 |
It is still about the same figure in sane countries |
| Re: How Much A Sewing Machine Cost In 1983 by Afflalo(m): 10:19pm On Mar 02, 2019 |
Next level don take over 1 Like |
| Re: How Much A Sewing Machine Cost In 1983 by modskiller(m): 10:20pm On Mar 02, 2019 |
BIGSEXDUCK: Chai, why are you talking like your brain ""E turning Oniown"" 9 Likes 1 Share |
| Re: How Much A Sewing Machine Cost In 1983 by Nobody: 10:20pm On Mar 02, 2019 |
Good old days |
| Re: How Much A Sewing Machine Cost In 1983 by eghuan1(m): 10:23pm On Mar 02, 2019 |
7 Likes |
| Re: How Much A Sewing Machine Cost In 1983 by Oricha79(m): 10:23pm On Mar 02, 2019 |
How time flies...I was in class one then.hmmmm. |
| Re: How Much A Sewing Machine Cost In 1983 by Fuck: 10:24pm On Mar 02, 2019 |
Buhari your fada!!! 32 Likes 2 Shares
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| Re: How Much A Sewing Machine Cost In 1983 by rusher14: 10:25pm On Mar 02, 2019 |
1 Like |
| Re: How Much A Sewing Machine Cost In 1983 by Compliant(m): 10:26pm On Mar 02, 2019 |
BIGSEXDUCK: Are you okay? You think na like before where you collect like anyhow?. This is next level bro so use you head 10 Likes 1 Share
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| Re: How Much A Sewing Machine Cost In 1983 by gbaskiboy: 10:26pm On Mar 02, 2019 |
singer machine is between 35k to 40k. 1 Like |
| Re: How Much A Sewing Machine Cost In 1983 by AreaFada2: 10:27pm On Mar 02, 2019 |
victvames: I can tell you that thing was most certainly inflated. Being a civil servant (Ogun State College of Education) thing. Unless the owner only used their office address. Just over three years earlier my cousins bought their Yamaha 80 each for less than 400 Naira. Two years earlier in 1981 my aunt bought a Beetle/tortoise /Ijapa car for under 3000 Naira. I saw a Singer sewing machine bought for about 1200 Naira in 1988 (after IBB's SAP that devalued the Naira). 6 Likes 1 Share |
| Re: How Much A Sewing Machine Cost In 1983 by Babalegba(m): 10:31pm On Mar 02, 2019 |
Things were already getting bad by 1983 when the machine was purchased. Two years earlier the same machine would have cost about 150 naira.Nigerian economy nosedived in 1983 which prompted the military to take over as the civilian government were mismanaging things 5 Likes |
| Re: How Much A Sewing Machine Cost In 1983 by czarr(m): 10:35pm On Mar 02, 2019 |
ariketalks:my dad also keeps a functioning singers sewing machine bought by his mother before he was born and he was born 1957,can u believe that? 11 Likes 1 Share |
| Re: How Much A Sewing Machine Cost In 1983 by goat22: 10:36pm On Mar 02, 2019 |
peanutbutter: Bros no be so o, mama catarrh, wey dey sneeze inside her draw soup, her own na 2500 and after she wash her pikin nyash she go pour the water inside, they talk say e dey make the soup sweet, especially if she no get salt. |
| Re: How Much A Sewing Machine Cost In 1983 by doctokwus: 10:36pm On Mar 02, 2019 |
That's equivalent to about N80k-N100k today. The ignorant way some people comment makes one wonder if education is really not regressing. So people with supposed basic education are equating N250 of 1983 to N250 in 2019! My God,shameful!! 17 Likes |
| Re: How Much A Sewing Machine Cost In 1983 by happney65: 10:38pm On Mar 02, 2019 |
Babalegba: The Economy nosedived when Buhari took over power and Inflation flew through the roof.. 3 Likes 1 Share |
| Re: How Much A Sewing Machine Cost In 1983 by tunwumi: 10:40pm On Mar 02, 2019 |
How much is a dollar that time them cover to equivalent now you will not see much difference. We have zero economy in this country for a very long time 1 Like |
| Re: How Much A Sewing Machine Cost In 1983 by Babalegba(m): 10:50pm On Mar 02, 2019 |
happney65:Nope,the economy nosedived before buhari came and Shagari chased away the Ghanaians thinking that there would be positive effect on the economy like more jobs etc, but it did not work.The politicians ran the economy to the ground then buhari took over.For some reason buhari is always there to steer Nigeria through difficult times 12 Likes |
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