See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 - Politics (2)

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See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 - Politics (2) - Nairaland

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Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by lightheart(m): 7:47am On Oct 11, 2015

And I used this money o

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Sweetyie(f): 7:47am On Oct 11, 2015

Chai. The good old days

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by ClassCaptain(m): 7:47am On Oct 11, 2015

One naira - Waje ÷ Mi

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Ayo8(m): 7:49am On Oct 11, 2015

I think you r wrong with the withdrawal date... I remember spending this note in 1989...

1 Like

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Bids88: 7:50am On Oct 11, 2015

Some news are needed to be verified before posting them. The SUN neWspaper is a useless newspaper.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Abdulhalim97(m): 7:52am On Oct 11, 2015

old Days!!

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by whizpa(m): 7:54am On Oct 11, 2015

What happened to Nigeria? undecided

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by mastasam(m): 7:56am On Oct 11, 2015

oh naira revive

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by AzontoGhost(m): 8:01am On Oct 11, 2015

Kyase:

dont be decived by that, the naira has more value than Ghana's cedis. Four(4) zeros(0s) was removed from the cedis.

..
hahaha dey der and type History... old Ghana cedis is dead n gone, so what are you talking about

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by yuyu200: 8:04am On Oct 11, 2015

obiremy:
One Naira note with the picture of the Old central bank building in front. At the time of its withdrawal in 1977, one US dollar equalled 0.647 Naira. The note was re-introduced in 1979 with the portrait of Herbert Macaulay.

Source: http://trezzy2..com/2015/10/see-photo-of-n1-note-when-1-was-equal.html

Thnk you op, seeing this 4 the first time.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by judedwriter(m): 8:07am On Oct 11, 2015

Good old daysss... grin

E go beta for 9ja

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by playahata: 8:09am On Oct 11, 2015

uboma:
From the late 70s up to the early 80s were Nigerian's golden years.

There were no hassles securing visas to other countries. We even had the Brits and other foreigners flocking into Nigeria to secure employments in our universities.

As a citizen of the country, upon graduation from the university, a brand new car + accomodation + employment was provided by the govt.

We were the envy of other countries. But the tables has turned around and NGN 1 equals to USD220 now. There's no employment for graduates now. the list is endless and no need recounting them (to avoid emotional breakdown).

Just recently, I was shocked to hear that the govt of Ghana still provides a car and accomodation to graduates of medicine and nursing. About 2 months back, I sent NGN100,000.00 to Ghana and after the transfer via Access Bank, I discovered that the equivalent in Ghana Cedis was just one thousand and a few hundreds to my NGN100,000.00.

Our leaders have sucked Nigeria dry. Will Nigeria attain her golden era again remains to be seen.

Hmmmmmmmm!

and not one of them has been punished

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Okpueze1(m): 8:10am On Oct 11, 2015

Wait ooo, imagine the drawings on the currency. Is Nigeria an islamic country?

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Elummah(m): 8:11am On Oct 11, 2015

The problem got worsened since d Ebele-led govt decided to erase d Arabic inscriptions on d notes.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Kingbilo(m): 8:12am On Oct 11, 2015

Cool.. I have the N1, 50k, and the N20, N50, N10, N5 and all the coins that came after too.. Storing them for later.. They might fetch a lot of money on eBay in 10 years

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Nobody: 8:14am On Oct 11, 2015

[b][/b]B4 BUHARI'S COUP OF '83 DESTROYED NIGERIA

1 Like

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by otiigba1(m): 8:17am On Oct 11, 2015

Kingbilo:
Cool.. I have the N1, 50k, and the N20, N50, N10, N5 and all the coins that came after too.. Storing them for later.. They might fetch a lot of money on eBay in 10 years

brilliant! How did you manage to keep them so clean after all this years? grin

, eBay? I don't think it will be worth any thing.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Kyase(m): 8:19am On Oct 11, 2015

AzontoGhost:
..
hahaha dey der and type History... old Ghana cedis is dead n gone, so what are you talking about

stop deceiving yourself, ghanian

2 Likes

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Kingbilo(m): 8:21am On Oct 11, 2015

uboma:
From the late 70s up to the early 80s were Nigerian's golden years.

There were no hassles securing visas to other countries. We even had the Brits and other foreigners flocking into Nigeria to secure employments in our universities.

As a citizen of the country, upon graduation from the university, a brand new car + accomodation + employment was provided by the govt.

We were the envy of other countries. But the tables has turned around and NGN 1 equals to USD220 now. There's no employment for graduates now. the list is endless and no need recounting them (to avoid emotional breakdown).

Just recently, I was shocked to hear that the govt of Ghana still provides a car and accomodation to graduates of medicine and nursing. About 2 months back, I sent NGN100,000.00 to Ghana and after the transfer via Access Bank, I discovered that the equivalent in Ghana Cedis was just one thousand and a few hundreds to my NGN100,000.00.

Our leaders have sucked Nigeria dry. Will Nigeria attain her golden era again remains to be seen.

Hmmmmmmmm!

Hahaha. Guy you've got it wrong..

Back in 2006 or so, Ghana did something called redenomination. I was just entering school there back then. Just prior to redenomination, $1 was equal to 10000 cedis and N1 was about 70 cedis.. After redenomination they made $1 equal to 1 cedis. Since then inflation has constantly eaten away at cedis value. Now $1 is 3.76 cedis.. It almost quartered in less than 10 years bro..

In reality if there were no redenomination,
$1= ~36700 cedis
N1=~165 cedis.

Nigerian economy is far better than Ghana which has a smaller and much more unstable economy.. And contrary to what most ppl think it is also a very corrupt nation..

2 Likes

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Kingbilo(m): 8:22am On Oct 11, 2015

otiigba1:
brilliant! How did you manage to keep them so clean after all this years? , eBay? I don't think it will be worth any thing.

I kept them in a polythene bag void of air. And I only open it once or twice a year

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by RedCard1(m): 8:23am On Oct 11, 2015

Too many old folks on Nairaland.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Nobody: 8:23am On Oct 11, 2015

My mom said that back then, 10naira would cook you a good pot of soup with meat,dry fish,etc.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by SmartMugu: 8:29am On Oct 11, 2015

uboma:
From the late 70s up to the early 80s were Nigerian's golden years.

There were no hassles securing visas to other countries. We even had the Brits and other foreigners flocking into Nigeria to secure employments in our universities.

As a citizen of the country, upon graduation from the university, a brand new car + accomodation + employment was provided by the govt.

We were the envy of other countries. But the tables has turned around and NGN 1 equals to USD220 now. There's no employment for graduates now. the list is endless and no need recounting them (to avoid emotional breakdown).

Just recently, I was shocked to hear that the govt of Ghana still provides a car and accomodation to graduates of medicine and nursing. About 2 months back, I sent NGN100,000.00 to Ghana and after the transfer via Access Bank, I discovered that the equivalent in Ghana Cedis was just one thousand and a few hundreds to my NGN100,000.00.

Our leaders have sucked Nigeria dry. Will Nigeria attain her golden era again remains to be seen.

Hmmmmmmmm!

Valid point!
I kinda disagree with the Ghanaian Cedis piece though. Ghanaian currency became entirely worthless towards sometime in the 2000's. Your N100,000 would have been worth billions of Cedis back then. Moving it around would have required carrying huge bags. Buying a common item like bread would require you carrying huge wads of cash, which ud agree is totally uncomfortable. More like what is happening to Zimbabwean dollar at the moment.

Ghana replaced the old Cedis with new cedis in 2007. 10,000 old Cedis became 1 new cedis. Now it's easy to move money around.

At the moment, the new Ghanaian Cedis exchanges for way less than $1, which in the real sense is weird for a thriving african country like ghana.

I think how to measure the real value of the money you sent to Ghana is to see how hard folks have to work to make that much when your currency was converted. I know for sure a worker that was being paid millions of the old Cedis when the currency was greatly devalued struggles to make a thousand cedis with the reset that brought about the new cedis.

2 Likes

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by otiigba1(m): 8:30am On Oct 11, 2015

Kingbilo:

I kept them in a polythene bag void of air. And I only open it once or twice a year

but you don't look that old (complements) these currencies were used like 35 or more years ago grin

, Abi na your papa money?

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by ZUBY77(m): 8:32am On Oct 11, 2015

Until the military Blockhead animals up north destroyed everything.

Now the people of the West say it was GEJ who destroyed an already destroyed economy.
Everybody suddenly forgot that a certain OBJ was there for 8 years and the situation was the same..

Someone from somewhere they never believed should be the President suddenly became the president and non of them was able to sleep for years due to blind hatred.
Yet they go to Church every day, believing that their God is capable of elevating them to the highest honour.
My question is, is this highest honour reserved for some tribes only?

What a country.

1 Like

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Kingbilo(m): 8:33am On Oct 11, 2015

otiigba1:
but you don't look that old (complements) these currencies were used like 35 or more years ago , Abi na your papa money?

actually I got it from a friend back like 10 years ago who didn't see the value.. He got it from his house..

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by AzontoGhost(m): 8:39am On Oct 11, 2015

Kyase:

stop deceiving yourself, ghanian

you are rather deceiving yourself.. bring your Naira to Ghana and exchange for cedis with your so called four (4) zeros (0) undecided

if that will make you feel good.
tongue

Have a happy Sunday anyway wink

2 Likes

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by otiigba1(m): 8:39am On Oct 11, 2015

Kingbilo:

actually I got it from a friend back like 10 years ago who didn't see the value.. He got it from his house..

very clever! grin

I thought as much, because i remember making use of those currencies.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Bollinger(m): 8:44am On Oct 11, 2015

uboma:
From the late 70s up to the early 80s were Nigerian's golden years.

There were no hassles securing visas to other countries. We even had the Brits and other foreigners flocking into Nigeria to secure employments in our universities.

As a citizen of the country, upon graduation from the university, a brand new car + accomodation + employment was provided by the govt.

We were the envy of other countries. But the tables has turned around and NGN 1 equals to USD220 now. There's no employment for graduates now. the list is endless and no need recounting them (to avoid emotional breakdown).

Just recently, I was shocked to hear that the govt of Ghana still provides a car and accomodation to graduates of medicine and nursing. About 2 months back, I sent NGN100,000.00 to Ghana and after the transfer via Access Bank, I discovered that the equivalent in Ghana Cedis was just one thousand and a few hundreds to my NGN100,000.00.

Our leaders have sucked Nigeria dry. Will Nigeria attain her golden era again remains to be seen.

Hmmmmmmmm!

Really? Fela's songs were released from the late 60's. And listening to it now, you would think he was still alive and the songs were released yesterday. Nigeria never had golden years. The rot in the country today has been going on since independence.

4 Likes 1 Share

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by AfroKnight: 8:56am On Oct 11, 2015

Then Shagari came and... you know the rest.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Lucasbalo(m): 9:01am On Oct 11, 2015

uboma:
From the late 70s up to the early 80s were Nigerian's golden years.

There were no hassles securing visas to other countries. We even had the Brits and other foreigners flocking into Nigeria to secure employments in our universities.

As a citizen of the country, upon graduation from the university, a brand new car + accomodation + employment was provided by the govt.

We were the envy of other countries. But the tables has turned around and NGN 1 equals to USD220 now. There's no employment for graduates now. the list is endless and no need recounting them (to avoid emotional breakdown).

Just recently, I was shocked to hear that the govt of Ghana still provides a car and accomodation to graduates of medicine and nursing. About 2 months back, I sent NGN100,000.00 to Ghana and after the transfer via Access Bank, I discovered that the equivalent in Ghana Cedis was just one thousand and a few hundreds to my NGN100,000.00.

Our leaders have sucked Nigeria dry. Will Nigeria attain her golden era again remains to be seen.

Hmmmmmmmm!

Gbam. Well said.

Re: See A Photo Of N1 Note That Was Used In 1979 When $1 Was Equal To N0.647 by Nobody: 9:04am On Oct 11, 2015

looks like ten naira.

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