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Top 10 Strongest Currencies In Africa And World In 2024 - Business (2) - Nairaland 4o4x6t

Top 10 Strongest Currencies In Africa And World In 2024 (31981 Views)

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KaptainAfrika: 12:00pm On Apr 05
Nigeria is there, Number 1.000000000000000000000000000000000000000000000000000000000000000001
Wizardslayer: 12:00pm On Apr 05
ClearFlair:
See how several oil producing countries have currencies stronger than the US dollar, but Nigeria is not even in the top 10 in Africa. Make of that what you will. Next time anybody tries to gaslight you into thinking APC is the best thing after sliced bread, show them this list.
alright

If Dubai and Kuwait were to be located in Africa, what would you make you make out of it??

Then if Nigeria as an oil producing giant were to be located in the place of Dubai and Kuwait, do you think Nigeria will develop and prosperous??
Dronedude(m): 12:01pm On Apr 05
Racoon:
Meanwhile, the value of the currency here have been greatly devalued that a dollar is now 1600 to the naira. No thanks to the economic cluelessness and incompetency of some idiots that were unfortunate to grace the national life of a country.


Nigeria left the group chat
VeeVeeMyLuv(m): 12:01pm On Apr 05
richiemcgold:
Standard of living does not and cannot commensurate with currency value. Chinese Yuan is a very good example.

All the above listed countries has far far better standard of living than Nigeria

1 Like

patrickcollins: 12:01pm On Apr 05
ribbit:
Currency strength is not about exchange rate to the dollar.


An illiterate from vanguard wrote this list.

Currency power is about purchasing power.

If Nigeria redenomiate it's currency like Ghana did and we removed 00 from 1k.
1usd = 1.50usd

Does that change the purchasing power?
Those countries mentioned there have higher purchasing power than Nigeria

5 Likes

oche2020: 12:01pm On Apr 05
H
Owon: 12:01pm On Apr 05
Shame on Nigeria

Even War-torn Libya still has a very good economy


GHANA ON THE LIST grin


1 GHANA CEDIS = 10,000 REAL CEDIS


GHANA HAS ONE OF THE WORST CURRENCY IN THE ENTIRE WORLD.

1 Like

VeeVeeMyLuv(m): 12:03pm On Apr 05
ribbit:
Currency strength is not about exchange rate to the dollar.


An illiterate from vanguard wrote this list.

Currency power is about purchasing power.

If Nigeria redenomiate it's currency like Ghana did and we removed 00 from 1k.
1usd = 1.50usd

Does that change the purchasing power?

All the above listed countries has by far a better standard of living than your country

Only elite
Politically exposed persons and their families and cronies can able to feed well properly.

What a shame.

1 Like

KingCold: 12:04pm On Apr 05
VeeVeeMyLuv:

Is Nigeria still a giant of Africa?

Note: I am not asking whether it is the giant

grin grin grin
Was it ever though?
Guestmale: 12:05pm On Apr 05
Some people may be lettered literate but certainly illiterate economically because they are going to be castigating the government without knowledge of how strong economy relate with currency.

China that spend yuan is not on this list,is it because they have weak economy or because dollar that's is at the bottom means America economy is not as strong as that of UAE .

1 Like

whytediamond(m): 12:05pm On Apr 05
ribbit:
Currency strength is not about exchange rate to the dollar.


An illiterate from vanguard wrote this list.

Currency power is about purchasing power.

If Nigeria redenomiate it's currency like Ghana did and we removed 00 from 1k.
1usd = 1.50usd

Does that change the purchasing power?


You are poor in maths. Sad one
VeeVeeMyLuv(m): 12:06pm On Apr 05
KingCold:
Was it ever though?
I wonder o 🤷🏼
My broda help us ask PBAT & Helinues
Confirm4real(m): 12:08pm On Apr 05
Thanks to Emilokan cheesy


It's just his turn to rule agbadorians grin
drlaykay(m): 12:08pm On Apr 05
ribbit:
Currency strength is not about exchange rate to the dollar.


An illiterate from vanguard wrote this list.

Currency power is about purchasing power.

If Nigeria redenomiate it's currency like Ghana did and we removed 00 from 1k.
1usd = 1.50usd

Does that change the purchasing power?
I said this in my mind, like words how words and scrolled down only to see this comment.
When I say word for word, I mean it.

Thank you for speaking my mind

1 Like

Chickensoup: 12:08pm On Apr 05
Nigeria my country. Don't worry, every step will lead you to greatness.
nairalanda1(m): 12:09pm On Apr 05
VeeVeeMyLuv:


All the above listed countries has by far a better standard of living than your country

Only elite
Politically exposed persons and their families and cronies can able to feed well properly.

What a shame.

Ghana is just as bad as Nigeria.

Infact Ghana is just Nigeria with 24 hours light and no fuel subsidies at all

2 Likes

hkidola00(m): 12:14pm On Apr 05
na this seychelles shock me
callmemakaveli: 12:15pm On Apr 05
Only God can save Nigeria, and Nigerians at this point.
nairalanda1(m): 12:15pm On Apr 05
hkidola00:
na this seychelles shock me

Seychelles has a small population and a massive export of some stuff the world needs
Emeka71(m): 12:17pm On Apr 05
Racoon:
Meanwhile, the value of the currency here have been greatly devalued that a dollar is now 1600 to the naira. No thanks to the economic cluelessness and incompetency of some idiots that were unfortunate to grace the national life of a country.
Somehow correct.
Spinflow: 12:17pm On Apr 05
nairalanda1(m): 12:18pm On Apr 05
VeeVeeMyLuv:


All the above listed countries has by far a better standard of living than your country

Only elite
Politically exposed persons and their families and cronies can able to feed well properly.

What a shame.

Libya produces same amount of oil as we do for ten million people.

That means there is more than enough money to spend on buffering their currency after they have spent on the people.

Botswana is a major exporter of diamonds and platinum. They also have less than 3 million people.

Ghana as I said is a broke nation.

Tunisia has a lot of issues as does Morocco. Tourism is what keeps them afloat

Most of the other countries are small countries with incomes of larger countries

2 Likes

Jlow2: 12:19pm On Apr 05
Giant of corruption is missing
12345baba(m): 12:20pm On Apr 05
Where is tinubus naira?
hkidola00(m): 12:21pm On Apr 05
alaye. i know your point... but right now, ghana has stronger currency than naira..for example,tablewater of 200naira,how much is it in ghana
ribbit:
Currency strength is not about exchange rate to the dollar.


An illiterate from vanguard wrote this list.

Currency power is about purchasing power.

If Nigeria redenomiate it's currency like Ghana did and we removed 00 from 1k.
1usd = 1.50usd

Does that change the purchasing power?
Villa12(m): 12:21pm On Apr 05
Ganjafama:
The APC e-rat called hellinus won't comment in a thread of this nature.
or Fearyourcreator that useless school dropout
nairalanda1(m): 12:21pm On Apr 05
If Nigeria wants a strong currency we have to develop an economy that produces a lot of stuff the world needeth from what we got.

Not by increasing oil production

2 Likes

hardbody: 12:22pm On Apr 05
So, on that chart about the fastest growing economies, we no even enter set self? Why then do I feel bad that Zimbabwe almost walloped our Super Eagles. When the Head is rotten....








the body travels to
nairalanda1(m): 12:22pm On Apr 05
hkidola00:
alaye. i know your point... but right now, ghana has stronger currency than naira..for example,tablewater of 200naira,how much is it in ghana

Ghana is also broke and suffering like we do.
hkidola00(m): 12:23pm On Apr 05
if you dont wory about the state of the nation, very soon, you fit no see that peppersoup eat again
STEWpid:
C h a i..










The impact of the long years of monumental looting and mismanagement,,
Now, Naira to USD is N1,600 to 1$


Nigeria matter no dey worry me again,
Abeg make I chop my goat meat peppersoup in peace,,

Almunjid(m): 12:23pm On Apr 05
armadeo:
Hmmm

So 1 cedi na 100 naira.
Lol. No let dem deceive you Ooo. The Nigerian Naira holds more value than the Ghanaian Cedi. Ghana's government revalued their currency by converting 10,000 Cedis to 1 Ghana Cedi, a process that involved removing four zeros from the old currency.

If Nigerian government were to follow suit and remove four zeros from the Naira, it would lead to 1 Naira being equivalent to the current 10,000 Naira. However, this could potentially result in the Naira becoming more valuable than the US Dollar, which might not be a strategically advisable move. Such drastic revaluation measures are typically reserved for countries whose currencies have undergone significant devaluation over time, as was the case with Ghana's Cedi.

Peace!

1 Like

MrNipplesLover(m): 12:24pm On Apr 05
Some Nigerian people need to know that they are poor, wretched, and suffering....

They want to keep everyone of u poor, that's why they always broadcast the living expenses abroad and over here in Nigeria, so that una go think say u are living an average life...

Politics has kílled this country...

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