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Naira To Cfa Franc Exchange Rate Now Very Terrible - Politics (2) - Nairaland

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Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Yampotatocarrot(m): 5:32pm On Aug 12, 2023
LocalStandard1:


Don't mind the complete idiot BoldBrainz, soon the the Cfa will be twice as valuable as the naira, already the Zimbabwean currency is more than twice the value of the Naira. And this is one of the most sanctioned countries for longer than some of us were even born.

At what point do we start to tell ourselves the truth and start to educate ourselves and take actions, considering the number of likes the idiot got with the false long comment. Nigeria is really ignorant and stuck.

Abeg, don't mind that guy, I wonder what they gain from lying blatantly... My boy just came back from Triumphant University and I know the exchange rate he used for the tfare sent...

3 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by sunboy(m): 5:47pm On Aug 12, 2023
ivolt:
So France "slaves" using Cfa have a stronger currency than Naira?

Cfa is essentially Euro, if that explains why it is stable. As long as euro is stable, it will be stable too.
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by chrisblack: 5:49pm On Aug 12, 2023
Beenibroz:
Just some few years ago before the Buhari border closure wahala, if you change 10,000 naira to cfa franc you will get 30,000cfa franc.

As things started getting worse it got to a point 10,000 naira became equal to 10,000cfa franc and we thought things will get better.

However as of today if you change 10,000naira to cfa franc what you will get is about 6,000cfa franc. Can you imagine how bad our naira has fallen. As the dollar keeps rising that's the same way the naira keeps falling against the cfa franc.

We must pray that things get better for our country because we are slowly sinking but we don't know.
Now you will understand the stability the French gave the CFA. When that is gone we shall se how russia will help them when it will become worthless

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by ivolt: 5:49pm On Aug 12, 2023
sunboy:


Cfa is essentially Euro, if that explains why it is stable. As long as euro is stable, it will be stable too.
I know Cfa is pegged to Euro, it was a rhetorical question.
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by CloudTrees(f): 6:48pm On Aug 12, 2023
KwuoteYourFada:
And the iragbiji man is recruiting Nigerians to fight war
50 million youth.

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by alen4smith(m): 8:11pm On Aug 12, 2023
BoldBrainz:
OP,
with all due respect, you're lying!

I am a Cross Riverian who has done plenty business across the borders of Cameroon, all the way into Douala and even had a brief stint in the capital city of Yaounde. I currently operate from Abuja and still conduct business with acquaintances in Cameroon. The last transfer I received was on Tuesday this week through the Orange funds exchange. The 21,000 francs I received translated to 19,700 naira. That means the naira still holds an edge over the francs.

Agreeably, about 5 weeks ago, the naira and the francs found a balance, then the francs leapfrogged naira by a small margin, but that disparity only lasted for about a week.

We all agree that the economy is in a terrible state, but please stop peddling lies to the reading public just to court sensationalism. I don't like Tinubu and his governance style, but I detest when people create facades of intended deceit.
you have been scammed 1000cfa is around 1300 naira as at today

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Beenibroz(m): 8:25pm On Aug 12, 2023
alen4smith:
you have been scammed 1000cfa is around 1300 naira as at today

Yes that is what I said the cfa is higher than naira now. 1000 cfa is about 1300 naira or so. But 1000 naira is 600cfa franc which is what I mentioned. Before that 1000cfa was about 300 naira or so.

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Alaigbopress: 8:31pm On Aug 12, 2023
ZKOSOSO:
Buhari crashed the damn Economy with his Sharia inclined Nepotism and Looting
Leave Buhari out of this, TINUBU is not a smart man. Buhari set trap for him and he fell inside. Now the Judiciary will have no choice than to be on the side of justice as any miscarriage of justice can spell doom for the Country. A Country of millions of hungry people is a time bomb.

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by saysoo: 8:33pm On Aug 12, 2023
BoldBrainz:
OP,
with all due respect, you're lying!

I am a Cross Riverian who has done plenty business across the borders of Cameroon, all the way into Douala and even had a brief stint in the capital city of Yaounde. I currently operate from Abuja and still conduct business with acquaintances in Cameroon. The last transfer I received was on Tuesday this week through the Orange funds exchange. The 21,000 francs I received translated to 19,700 naira. That means the naira still holds an edge over the francs.

Agreeably, about 5 weeks ago, the naira and the francs found a balance, then the francs leapfrogged naira by a small margin, but that disparity only lasted for about a week.

We all agree that the economy is in a terrible state, but please stop peddling lies to the reading public just to court sensationalism. I don't like Tinubu and his governance style, but
stop this! Am at Ikom and CFA TO NAIRA Is CFA1000/N1350 during buhari it was CFA1000/N850. Naira falls

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Nwaotu10(m): 8:50pm On Aug 12, 2023
BoldBrainz:
OP,
with all due respect, you're lying!

I am a Cross Riverian who has done plenty business across the borders of Cameroon, all the way into Douala and even had a brief stint in the capital city of Yaounde. I currently operate from Abuja and still conduct business with acquaintances in Cameroon. The last transfer I received was on Tuesday this week through the Orange funds exchange. The 21,000 francs I received translated to 19,700 naira. That means the naira still holds an edge over the francs.

Agreeably, about 5 weeks ago, the naira and the francs found a balance, then the francs leapfrogged naira by a small margin, but that disparity only lasted for about a week.

We all agree that the economy is in a terrible state, but please stop peddling lies to the reading public just to court sensationalism. I don't like Tinubu and his governance style, but I detest when people create facades of intended deceit.
I just checked now, and Op is correct.
Nigeria's gone!

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by youngreva(m): 8:54pm On Aug 12, 2023
BoldBrainz:
OP,
with all due respect, you're lying!

I am a Cross Riverian who has done plenty business across the borders of Cameroon, all the way into Douala and even had a brief stint in the capital city of Yaounde. I currently operate from Abuja and still conduct business with acquaintances in Cameroon. The last transfer I received was on Tuesday this week through the Orange funds exchange. The 21,000 francs I received translated to 19,700 naira. That means the naira still holds an edge over the francs.

Agreeably, about 5 weeks ago, the naira and the francs found a balance, then the francs leapfrogged naira by a small margin, but that disparity only lasted for about a week.

We all agree that the economy is in a terrible state, but please stop peddling lies to the reading public just to court sensationalism. I don't like Tinubu and his governance style, but I detest when people create facades of intended deceit.
Fuul!! We wey dey stay here we dey tell una say thigns don worst nigga u begin to cap rubbish on the internet with confidence!! U a piece of sh!t mehn!!

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by youngreva(m): 8:58pm On Aug 12, 2023
LocalStandard1:

Idiot, who told you the OP lied? If you believe the OP lied then you too lied. One naira is 0.78 Franc Cfa which is far more than what you said and not up to what the OP wrote. As it is we will soon see the naira fall even more below what the OP wrote in the nearest future.

It is idiots like you that brought us to where we are today where people can't buy ordinary bread cause you said we doing better when it keeps getting worse. Idiot!

The rate is now 650 and keeps dropping
To get 10,000 cfa you need 15,000 naira
This is how the rates keep dropping lolzz

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Denismaria: 10:46pm On Aug 12, 2023
saysoo:
stop this! Am at Ikom and CFA TO NAIRA Is CFA1000/N1350 during buhari it was CFA1000/N850. Naira falls

I am in Ikom too. It went at this rate today. 1350/1400
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Denismaria: 10:47pm On Aug 12, 2023
BoldBrainz:
OP,
with all due respect, you're lying!

I am a Cross Riverian who has done plenty business across the borders of Cameroon, all the way into Douala and even had a brief stint in the capital city of Yaounde. I currently operate from Abuja and still conduct business with acquaintances in Cameroon. The last transfer I received was on Tuesday this week through the Orange funds exchange. The 21,000 francs I received translated to 19,700 naira. That means the naira still holds an edge over the francs.

Agreeably, about 5 weeks ago, the naira and the francs found a balance, then the francs leapfrogged naira by a small margin, but that disparity only lasted for about a week.

We all agree that the economy is in a terrible state, but please stop peddling lies to the reading public just to court sensationalism. I don't like Tinubu and his governance style, but I detest when people create facades of intended deceit.

It was never at this rate last week.

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by BiafraAburi: 10:54pm On Aug 12, 2023
BoldBrainz:
OP,
with all due respect, you're lying!

I am a Cross Riverian who has done plenty business across the borders of Cameroon, all the way into Douala and even had a brief stint in the capital city of Yaounde. I currently operate from Abuja and still conduct business with acquaintances in Cameroon. The last transfer I received was on Tuesday this week through the Orange funds exchange. The 21,000 francs I received translated to 19,700 naira. That means the naira still holds an edge over the francs.

Agreeably, about 5 weeks ago, the naira and the francs found a balance, then the francs leapfrogged naira by a small margin, but that disparity only lasted for about a week.

We all agree that the economy is in a terrible state, but please stop peddling lies to the reading public just to court sensationalism. I don't like Tinubu and his governance style, but I detest when people create facades of intended deceit.
Just shut up you foolish agbadorian claiming Cross River. Simple google search of exchange rate will cure your ignorance. Stop coming here to lie because of your druggie, sick imbecilic tinubu.
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by zyphr(m): 10:59pm On Aug 12, 2023
darocha1:


INVALID CLAIM.

I crossed the boarder last night and I can confidently say this is very not true.

Maybe it was true some days ago. Even though I doubt that too but as of 11/12th Aug, the rate of n10,000 = 9,200/9450CFA

This has been the case since the Buhari Era.

2. It has nothing to do with boarder closure. The boarder closure was a good call, it really put a halt to so many things. Ranging from oil racket to human trafficking to food/automobile smuggling, even import bay was equally touched.

The bad call was that proper measures to reap good gains and poor data management was not put in place.

We can continue to shout Buhari or Tinubu or Obi or any of our leaders but continually derepping the only country we have will do no one good.

And this act is mostly done by persons who have no business, non tax paying, no investment, and no 2nd citizenship.

I miss the days of 5000 BIS when the internet space was contained by sane ones.

As someone who crossed the border yesterday, can you please give the accurate update of the naira to cfa exchange rate? How much Cfa does 1000 naira get you?
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by BiafraAburi: 11:06pm On Aug 12, 2023
Alaigbopress:

Leave Buhari out of this, TINUBU is not a smart man. Buhari set trap for him and he fell inside. Now the Judiciary will have no choice than to be on the side of justice as any miscarriage of justice can spell doom for the Country. A Country of millions of hungry people is a time bomb.
Mechie onu you naive useful idiot Igbo. Which judiciary will be on the side of justice? A judiciary that have been bought off and paid in full by the druggie one and his crooked cronies, or another ones? Seems your daftness and dumbness is in a higher level. Which millions of hungry people are you talking about? When did you start to have unity of purpose in your cesspit?

Did you not see the protest today going on in Kano against the niger war? Did you have such protest in South East or South West in solidarity? Are SE and SW regions not nigeria? So you think if the judges rule in favor of the druggie, then other regions will come out to protest for Peter Obi because of hunger? How naive some of you useful idiot Igbos can be? Very annoying because you exhibit high level of illiteracy and ignorance.

What are you looking for in a useless cesspit called nigeria. Don't you have a home called Biafra that you should be fighting to restore for the skeof your coming generations. So you wish your coming generations to continue suffering in your cesspit as you are doing today? The criminal Peter that all you fools are following must be made to pay for dragging Igbos into your cesspit useless selection once Biafra is restored. Ndi ara everywhere. May new nigeria kee all of you there.

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by saysoo: 10:14am On Aug 13, 2023
Denismaria:


I am in Ikom too. It went at this rate today. 1350/1400
Oga what is this? Just crossed Rice from Ekok at N1400 to CFA1000. Do you think am happy with this? In 2015 I started this it was N365 to CFA1000.
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Denismaria: 10:16am On Aug 13, 2023
saysoo:
Oga what is this? Just crossed Rice from Ekok at N1400 to CFA1000. Do you think am happy with this? In 2015 I started this it was N365 to CFA1000.
That was in reference for 1000CFA
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Beenibroz(m): 10:59am On Aug 13, 2023
saysoo:
Oga what is this? Just crossed Rice from Ekok at N1400 to CFA1000. Do you think am happy with this? In 2015 I started this it was N365 to CFA1000.

This is exactly what I explained to someone in his comment but maybe he didn't understand.

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by youngtee5(m): 9:49am On Aug 14, 2023
Please do you know anybody that change naira to cfa I don’t want to go to the border
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Beenibroz(m): 10:15am On Aug 14, 2023
youngtee5:
Please do you know anybody that change naira to cfa I don’t want to go to the border

The rate as of today is 1,000 naira to 650 cfa franc. I actually did a transaction today. I only know exchangers at the border. You can go to those aboki people around you to ask if you don't want to go to the border.

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by kutashi: 11:46am On Aug 14, 2023
ZKOSOSO:
Buhari crashed the damn Economy with his Sharia inclined Nepotism and Looting

Another Dindinrin sighted!
So, Buhari is still your headache?
Take your med and move on!

Oponu tutu!
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by ZKOSOSO(m): 11:56am On Aug 14, 2023
kutashi:


Another Dindinrin sighted!
So, Buhari is still your headache?
Take your med and move on!

Oponu tutu!
It's really sickening trying to educate a deep bigot.

Continue hiding ya head in the sand like baba ostrich

Buhari illiteracy and Tinubu thuggery can't save the economy. Suffering is decreed on Nigeria by the almighty forces of demand and supply. Dey play ▶️

60% of private businesses would go down soon.

2 Likes

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Denismaria: 12:08pm On Aug 14, 2023
youngtee5:
Please do you know anybody that change naira to cfa I don’t want to go to the border

What's your location? If you are in Ikom enter main market.

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Lanretoye(m): 12:09pm On Aug 14, 2023
LocalStandard1:

Idiot, who told you the OP lied? If you believe the OP lied then you too lied. One naira is 0.78 Franc Cfa which is far more than what you said and not up to what the OP wrote. As it is we will soon see the naira fall even more below what the OP wrote in the nearest future.

It is idiots like you that brought us to where we are today where people can't buy ordinary bread cause you said we doing better when it keeps getting worse. Idiot!
you can't buy bread but you can buy data, na hunger go kii you.ewu
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Nobody: 12:35pm On Aug 14, 2023
Beenibroz:
Just some few years ago before the Buhari border closure wahala, if you change 10,000 naira to cfa franc you will get 30,000cfa franc.

As things started getting worse it got to a point 10,000 naira became equal to 10,000cfa franc and we thought things will get better.

However as of today if you change 10,000naira to cfa franc what you will get is about 6,000cfa franc. Can you imagine how bad our naira has fallen. As the dollar keeps rising that's the same way the naira keeps falling against the cfa franc.

We must pray that things get better for our country because we are slowly sinking but we don't know.

@BoldBrainz

Both of you are actually right. West African CFA (XOF) is the one used in Cotonou and 7 other west African countries which is the one the OP referred to.

Central African CFA (XAF) used in Cameroon and 5 other central African countries. @BoldBrainz this is the one you received.

XOF has more value than XAF, hence, the disparity.

So make una dey calm down.

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by youngtee5(m): 1:46pm On Aug 14, 2023
Beenibroz:


The rate as of today is 1,000 naira to 650 cfa franc. I actually did a transaction today. I only know exchangers at the border. You can go to those aboki people around you to ask if you don't want to go to the border.
Thank you if your exchanger is at idiroko kindly connect me with him. WhatsApp 08174101621
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by Beenibroz(m): 2:11pm On Aug 14, 2023
youngtee5:

Thank you if your exchanger is at idiroko kindly connect me with him. WhatsApp 08174101621

I use Seme border mostly. Where are you that you need cfa franc? Because I don't have a particular exchanger at the border and I don't have their contact. I only change money with any exchanger when I have to travel to Cotonou. I can't find contact to give you and later you have issues then drag me online inside what I don't know. You can find someone you trust to help you get to the border instead. I can't tell you to pay into my account and I will help you get when coming back.

1 Like

Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by youngtee5(m): 2:36pm On Aug 14, 2023
Beenibroz:


I use Seme border mostly. Where are you that you need cfa franc? Because I don't have a particular exchanger at the border and I don't have their contact. I only change money with any exchanger when I have to travel to Cotonou. I can't find contact to give you and later you have issues then drag me online inside what I don't know. You can find someone you trust to help you get to the border instead. I can't tell you to pay into my account and I will help you get when coming back.

Okay thanks a lot I understand you
Re: Naira To Cfa Franc Exchange Rate Now Very Terrible by kutashi: 3:16pm On Aug 21, 2023
ZKOSOSO:

It's really sickening trying to educate a deep bigot.

Continue hiding ya head in the sand like baba ostrich

Buhari illiteracy and Tinubu thuggery can't save the economy. Suffering is decreed on Nigeria by the almighty forces of demand and supply. Dey play ▶️

60% of private businesses would go down soon.

Oh! Sorry! I think, I understood your problem and headache now!

Unfortunately, I can not help you!

This thing with you will continue again till Tinubu leaves the seat and you will continue with another that will take over from him!

Can you see? I can't help you! It is a cycle for your life! Just don't pass it to your next generation!

We don't need more people with 'hate issue'

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