₦airaland Forum

Remain small time when 1 dollar will equal 1000 naira

Forex scarcity bawo.

Thought someone was bragging days ago.

#10k can't do 25$ again. Na wa oo

Does this mean it's not the best time to delve into Forex trading as a green horn?
Don't stress yourself..I'll stress for you. Check my signature

SenecaTheYonger:
its still 374.12 NGN in online money transfer service, Bleep off with this fake news.

Hahaha... Guess you slept off early March and just waking up this morning.

j

Buhari is a religious bigot

okomile:
Garri no dey sell for dollar
I don't need it

Lol. Is it only garri you consume?
From your hair cream to your flour, soap etc your cost has increased.
Heck had a budget of 50k to buy a phone for my daughter's 13 bd. Had to pay 66k instead. Price had increased due to exchange rate. Ie Huawei y7 prime.

And the useless and clueless govt keep deceiving Nigerians that there is enough fx

Thank God it is not yet $500

Aflix:
And CBN recently said there's no Forex scarcity. Why is this government always lying to us Well na better cash out for streets

Liars I tell you.

nedekid:
Lol. Is it only garri you consume?
From your hair cream to your flour, soap etc your cost has increased.
Heck had a budget of 50k to buy a phone for my daughter's 13 bd. Had to pay 66k instead. Price had increased due to exchange rate. Ie Huawei y7 prime.

u are a good dad

SenecaTheYonger:
its still 374.12 NGN in online money transfer service, Bleep off with this fake news.

If you don't understand economics please shhh

SenecaTheYonger:
its still 374.12 NGN in online money transfer service, Bleep off with this fake news.

Not fake news... TransferWise is 374.12 for weeks now

Payoneer is 382.. These are parallel rates which all these websites use.

The truth behind this is, they use 3rd party BDC company in Nigeria (If you can mention TransferWise, you will know the BDC I'm talking about). They are the one eating the big chunk of it. They will get the USD at 450 and give people 374-382.


But if you use Dom account and collect your dollars and take it to Aboki or dem BDC gangan, na 450 o....

SenecaTheYonger:
its still 374.12 NGN in online money transfer service, Bleep off with this fake news.

I think it's 408 with my bank as at this morning

And salary remains the same.

I am finished.

rottencorpse:
Nigeria has always been a f**ked up country even [b]before the pandemic started, so I'm not surprised[/b]

The word in red says it all

I hope the clueless one will not blame Jonathan now

nedekid:
Lol. Is it only garri you consume?
From your hair cream to your flour, soap etc your cost has increased.
Heck had a budget of 50k to buy a phone for my daughter's 13 bd. Had to pay 66k instead. Price had increased due to exchange rate. Ie Huawei y7 prime.

Bros
Na you wan buy o!

I dey my dey!
Na to chop alone now be the kooko

Any other thing, na secondary for coro baby season

I thought the CBN governor said this that there is enough forex reserved. That man is so incompetent. Under him Maura had depreciated so many times, under him Maura have lost value..

ecolime:
Hahaha... Guess you slept off early March and just waking up this morning.

It's literally 374 on sites like WR, RM, TW. Fvcking fake monetary system.

Criminal Rothschild and zionist banksters... Deceitful currency manipulators!

Emeks008:
The rate our local currency is depreciating daily is not encouraging at all. I pray it didn't land within #550 - #600 to a $1.

Covid 19 has brought everything to STILL position.

Join our discussion thread on drink production today.

https://www.nairaland.com/5845689/thread-production-yoghurt-flavored-drinks

Pray it doesn't get to 750 before 2023

gurunlocker:
Not fake news... TransferWise is 374.12 for weeks now

Payoneer is 382.. These are parallel rates which all these websites use.

The truth behind this is, they use 3rd party BDC company in Nigeria (If you can mention TransferWise, you will know the BDC I'm talking about). They are the one eating the big chunk of it. They will get the USD at 450 and give people 374-382.


But if you use Dom account and collect your dollars and take it to Aboki or dem BDC gangan, na 450 o....

Mehn, this is so unfair. Is Aboki the only way to get dollar at this 450? No other online service will give out at this rate or even slightly less? 374 is just too unfair. Almost 100 naira difference.

Wolgrace:
Criminal Rothschild and zionist banksters... Deceitful currency manipulators!

I swear

The naira needs to gain some reasonable ground.

Far too long itz bin cajoled amongst all.

Insyd Lyf!

SenecaTheYonger:
Mehn, this is so unfair. Is Aboki the only way to get dollar at this 450? No other online service will give out at this rate or even slightly less? 374 is just too unfair. Almost 100 naira difference.

No online merchant will give you that rate, they have to cut charges before it reaches your account. That's why they most use parallel rate.

Some people just want to do capital flight and force the cbn to intervene ...I think there should be price control for the BDC ...activities are very low globally so where is the demand coming from ..some people are just looking for arbitrage opportunities.