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Nairaland Forum / Nairaland / General / Business / Dollar Sells For N445 As Forex Scarcity Persists (30251 Views)
Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market / Forex Scarcity Persists As CBN Resumes Intervention / Dollar Sells For N420, Naira Crashes In Value (2) (3) (4)
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Re: Dollar Sells For N445 As Forex Scarcity Persists by cmoney22222: 6:17pm On May 12, 2020 |
To which bank? Afri card? jojofola: 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Jeferious: 6:17pm On May 12, 2020 |
fid4fid:My dear, they will still buy, so far as they need it. This challenge is even eased if you can already boast customer confidence. But even if you can't boast of this advantage yet, you can still arm yourself with patience. Now is not make unnecessary turnovers. It's better you have the goods in your shop, than to sell at a "convenient" price to your customer...and then you won't be able to replace the sold goods. Increment in prices is supposed to protect you as the seller in the long term, otherwise you go park go village. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Denko2721987(m): 6:23pm On May 12, 2020 |
jojofola: Na wa oo.. Thanks for the feedback |
Re: Dollar Sells For N445 As Forex Scarcity Persists by MondayOsunbor(m): 6:45pm On May 12, 2020 |
Wolgrace: No policies and strategies can avert economic woes neither be dished as profered solutions to economic meltdown when you don't understand the existence and influence central bankings in most countries incredible ! |
Re: Dollar Sells For N445 As Forex Scarcity Persists by ursamajor: 7:01pm On May 12, 2020 |
shiki:Amen o. 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SweetOlive(f): 7:09pm On May 12, 2020 |
shiggy:Yes please. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by shiki(m): 7:22pm On May 12, 2020 |
ursamajor:bro it seems you are into the business |
Re: Dollar Sells For N445 As Forex Scarcity Persists by shiki(m): 7:25pm On May 12, 2020 |
COMPENGRFRANK:Bro i fear o |
Re: Dollar Sells For N445 As Forex Scarcity Persists by abeloponmzy(m): 7:32pm On May 12, 2020 |
Forex traders will be smiling now.. 2 Likes |
Re: Dollar Sells For N445 As Forex Scarcity Persists by fid4fid: 8:04pm On May 12, 2020 |
Jeferious: Na true talk. I raised price by 0.05% to reflect new exchange rate, Omo, one buyer wey been dey keen for bulk purchase refused to pay. He say he go wait till nextweek.. Dollar fit fall then. I no see shi shi since Monday |
Re: Dollar Sells For N445 As Forex Scarcity Persists by yusluvad(m): 8:51pm On May 12, 2020 |
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Re: Dollar Sells For N445 As Forex Scarcity Persists by jojofola: 9:06pm On May 12, 2020 |
cmoney22222: Going by what I have read online. Yes. Africard. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Remii(m): 9:12pm On May 12, 2020 |
No one should pay more than N390 for $1. If they call it any amount that you cannot afford, there will be no buyer they will reduce the price on their own, wicked souls. 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Papertrail11(m): 9:41pm On May 12, 2020 |
mrvitalis: Meffy is truly a mess. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by yoursidenigga(m): 10:29pm On May 12, 2020 |
Aflix: Yes, because they have not sold many dollars in recent times. Covid-19 has put so many businesses to a halt and no one is traveling again. So, no need for dollars |
Re: Dollar Sells For N445 As Forex Scarcity Persists by cmoney22222: 11:03pm On May 12, 2020 |
Africard doest receive at that rate sir. Pls can you post where you read it online? Why I ask is I tried it but got the normal rate jojofola: |
Re: Dollar Sells For N445 As Forex Scarcity Persists by jojofola: 12:05am On May 13, 2020 |
cmoney22222: I wasn't talking about rates. You asked if PayPal funds could be withdrawn with Africard and I said yes (going by what I read online) https://paypalexchanger.com/withdraw-from-paypal-to-nigeria-bank-using-uba-africard |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Mikeiron78(m): 12:17am On May 13, 2020 |
SenecaTheYonger: This will help your ignorant ass https://www.abokifx.com/home |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SenecaTheYonger: 12:19am On May 13, 2020 |
Mikeiron78: Fuvck off with your stupid backwater system of exchange rate. Muh aboki rate. Lol. Imagine. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Mikeiron78(m): 12:22am On May 13, 2020 |
The federal government actually regulate how much money those online transfer like western union, transferwise pay as exchange rate. Figure out why. Your government does everything to affect the general public quote author=gurunlocker post=89461987] 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....[/quote] |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Mikeiron78(m): 12:31am On May 13, 2020 |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Mikeiron78(m): 12:46am On May 13, 2020 |
SenecaTheYonger: You just showed how dumb your stupid ass is. You have been corrected by at least 5 of your fellow countrymen. I live in the US and I send USD to my domiciliary account in Nigeria, I've made millions of Naira benefiting from the stupid policy of your government. It'll get to $1 to #500 in 2 weeks. The rate at https://www.abokifx.com is what the hausas use and that's the authentic rate. Call a couples of them in Lagos and check the rate from that site. The rate being used by boss revolution, western union, transfer wise is set by the federal government at below #378 to $1. Can you see who's stupid now? You guys hide behind the internet and write something you know nothing about. Your apologies accepted lol. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SenecaTheYonger: 1:01am On May 13, 2020 |
Mikeiron78: Fvck your backwater shithole-tier multiple exchange systems. And fvck your inferiority complex. I don't know what telling me you live in the US has to do with this. Plus the fed rate is set at 390 dumbass. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by miniziter(m): 3:41am On May 13, 2020 |
Zico5:Not really. I produce and also buy locally. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Mikeiron78(m): 4:44am On May 13, 2020 |
SenecaTheYonger: The US part came in to let you know I'm am expert making millions in this topic, not someone that's out of touch with the reality. Did the original post mention anything about the dumb official rate? You're just who you are, idiot lol. You don't have to change the topic. Continue living a miserable life, such a low life local champion that refuse to learn from others. 5 people corrected you, but that tells a lot about your miserable life. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Topshow4real: 5:02am On May 13, 2020 |
chuksbaby: . |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SenecaTheYonger: 6:15am On May 13, 2020 |
Mikeiron78: Yeah, keep sucking on your own_cock |
Re: Dollar Sells For N445 As Forex Scarcity Persists by samsard(m): 7:18am On May 13, 2020 |
jojofola:Haha guy. The rate is 390 at most. And the bank takes its own fees and reduces the final rate to about 380 |
Re: Dollar Sells For N445 As Forex Scarcity Persists by samsard(m): 7:29am On May 13, 2020 |
grossintel:Are you somehow saying $20 bills are less valuable? I know some freelancers are still taking dollars to BDC to get a favorable rate so this your talk get as e sound for ear. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by jojofola: 8:42am On May 13, 2020 |
samsard: When you pay fees with PayPal, it is #390 and final rate is #380? Lol. Una no go wound me for this Nairaland. Please make a $1 PayPal payment and watch out for your debit alert. Confirm to me again. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by samsard(m): 8:45am On May 13, 2020 |
jojofola:Talking about withdrawal from PayPal. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 8:51am On May 13, 2020 |
samsard:Yes, $20 bills are far less valuable. If you want to exchange at favourable rates it's from $50 up. I called all the BDC guys I know, they all said I shouldn't take it or I'll have to exchange it at 350, even while I was at the bank making calls, some other guys walked in and when they heard it's only $20 bills available, they refused to take it. |
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