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Nairaland Forum / Nairaland / General / Education / Most Valuable Currencies In Africa (see Nigeria's Position) (6446 Views)
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Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Oloun(f): 6:21pm On May 31, 2020 |
Help2020:what's this one saying ![]() |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 6:26pm On May 31, 2020 |
Shukusheka: I'm tired of explaining this to people who don't have a clue of how currency economics work. Weal currencies help your exports get priced cheaply, as well as provides you with massive cost arbitrage to produce cheaply. The trade war between the U.S and China started because China artificially weakened its currency for a very long time to gain unfair advantages in international trade. 2 Likes |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Help2020: 6:28pm On May 31, 2020 |
Oloun:Mumu.can't you counter my claim with fact?get off my mention you idiot |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Oloun(f): 6:35pm On May 31, 2020 |
Help2020: ![]() 1 Like |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by psyco: 6:51pm On May 31, 2020 |
Oloun:If the people want to go, nothing can stop them. |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 6:52pm On May 31, 2020 |
jansonn:stay in your country and fix it stop running to another man lands |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 7:00pm On May 31, 2020 |
Demburrows:can you really prove you are not fake? |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Ekemeze: 7:07pm On May 31, 2020 |
. |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 7:15pm On May 31, 2020 |
southniyikaye:yes sir i will ,please how do want me to prove my sincerity to you. please help me |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Oloun(f): 7:15pm On May 31, 2020 |
psyco:You ain't a straightforward human! Ain't you in Nigeria or still don't you hear about the homicides and atrocities committed severally to the people by your people and your slave masters just because they declared their interest of leaving the evil amalgamation? 1 Like |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 7:17pm On May 31, 2020 |
Demburrows:pm me |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by DamnnNiggarr: 7:26pm On May 31, 2020 |
Damn Niggarr! I'm not happy with the poor economic performance of my country. I'm not happy at all. |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 7:26pm On May 31, 2020 |
southniyikaye:I just did. but email Id I used in registering has been obsolete for very long because I misplaced the password .but u can always reach me on (edited) . thanks |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 7:42pm On May 31, 2020 |
Obasanjo should have empowered Charles Soludo to re-evaluate the currency. Too much past mistakes brought these stockpiled woes upon us. -Nigerian leaders and power intoxication are 5 and 6.. |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Edopesin: 7:52pm On May 31, 2020 |
Using currency value to judge an Economy is a no brainier |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by fk001(m): 8:04pm On May 31, 2020 |
Lies 1 dollar = 5 Cedis ![]() ![]() I laugh in Mensah |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by ferdvict2(m): 8:09pm On May 31, 2020 |
PDP this nation wrong but APC was the greatest mistake of all time. If deliver us from this govt. I bet you, no meaningful Nigeria will vote for them again. |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Roon9(m): 8:20pm On May 31, 2020 |
Enoch07: I weak |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by jansonn(m): 8:43pm On May 31, 2020 |
TheGodlessGod:Eyah, he pain you?? |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Enoch07: 9:14pm On May 31, 2020 |
2mannoAmanno:between me and u talk true, did u spit on your phone screen? 1 Like
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Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Nobody: 9:25pm On May 31, 2020 |
Oloun:Aba made shoes or products ? How does it sound to you ![]() Yet all Aba made materials are imported 1 Like |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by mytime24(f): 9:30pm On May 31, 2020 |
Hmm 1 Like |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by psucc(m): 9:41pm On May 31, 2020 |
Shukusheka:. South Africa and who? Nigeria? Guy, the issue of economic strength will be settled another day, now now now, it is currency strength, we are settling. South Africa is in top 10 strong currencies in Africa and Nigeria is in top 10 weakest currency and you get mind to compare them. 1 Like |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Torture2020: 9:42pm On May 31, 2020 |
So why don’t you remove the zeros and stop making noise? It’s that simple, right? Help2020: 3 Likes |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by psucc(m): 9:48pm On May 31, 2020 |
Drchristian:Which tribe are you referring to? A Niger-Deltan cook oil at his backyard to reduce importation of refined products, government burn am burn the person add am. Igbo man, come manufacture prepaid meter, government say na substandard unto say e no go get "foreign exchange" on top. Na to destroy dem. The tribes are trying but our government is the problem. |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Shukusheka(m): 10:00pm On May 31, 2020 |
psucc:Nigeria's naira is't among top 10 weakest currency in Africa, I don't know where you are getting that misinformation from. Do you know despite how strong the Japanese economy is, the Japanese Yen is just as weak as our naira? Even Chinese Yuan isn't among the top 20 strongest currencies in the world. No be by currency bros. |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by onegig(m): 10:08pm On May 31, 2020 |
Bagehot: They don't read and even listen. Lower exchange rates doesn't equate to stronger purchasing power. The Japanese yen exchanges for $1 to Y107. Still yet it is one of the top 10 economies of the world. What universal commodity would 1Cedi buy you and what would 67naira buy you. Those are the more common mam indicators of the strength of a currency not numbers. It costs 3.85 cedis to buy a 35cl bottle of coke in Ghana. That is equivalent of 258 naira. Same 35cl bottle of coke is sold for N70 in Nigeria. Tells you that 1 Naira is worth times 4 of whatever the Cedi is even after factoring in taxes and inflation 4 Likes |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by DamnnNiggarr: 10:21pm On May 31, 2020 |
[s] Drchristian:[/s] Trash
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Re: Most Valuable Currencies In Africa (see Nigeria's Position) by RoofWorks(m): 11:33pm On May 31, 2020 |
Na wa o ![]() |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by chrisagyei: 11:45pm On May 31, 2020 |
onegig:35 cl bottle of coca cola and pepsi bottles are sold for 1 cedis in Ghana and am in Accra and buy them everyday. Stop copying and pasting that old lie on that website. Ask any person living in Ghana to confirm that to you and.Also in Ghana we pay 18% Value Added Tax(VAT) on all products sold on the markets. In addition to other taxes such as national health insurance tax on all products and so automatically, things will be slightly expensive in Ghana than Nigeria, aside that 1 cedis is always 67 naira and it's fixed.Send 1 cedis to Nigeria and you will be 67 naira rich.There's nothing as higher value buh naira more valuable than dollars. The fact that you buy a product made in example Nigeria buh exported to USA for 10 dollars in USA buh same product is sold for 1 dollar equivalent in Nigeria does not mean naira is more valuable than dollars. Ask yourself, larger production of such products locally and very little taxation makes a product less expensive that's why cost of living in UK is more than that of Nigeria or Gambia because they pay more taxes and more quality goods and other factors 1 Like 1 Share |
Re: Most Valuable Currencies In Africa (see Nigeria's Position) by Oloun(f): 12:25am On Jun 01, 2020 |
Drchristian:Then mentioned one ofe mmanu manufactured product (I ain't talking about agbo prepared with human skulls). You know what upsets me? You don't hate this people so much, you blame this people for every misfortune befalling the country, you claim said that these people is dragging the country down, you said that you don't want this people to be in same country with you, this people said they want to leave the country so that they won't cause more damages to you but you refused to let them go ![]() You check am yourself nah; aren't you hypocritical, selfish and wicked? |
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