NIGERIAN NAIRA FAST BECOMING THE WEAKEST CURRENCY IN AFRICA

Check this out:





S. Africa:      Rand 1.      = 79 Naira
Angola:        1 kwanza   = 12 Naira
Botswana:  1 Pula         = 28 Naira
Cape Verde: 1 Escudo  = 8 Naira
Algeria:           1 Dinar    = 12 Naira
Egypt:           1 Pound    = 35 Naira
Eritrea:        1 Nakata    = 18 Naira
Ethiopia:      1 Birr          = 19 Naira
Ghana:         1 Cedi        = 56 Naira
Gambia       1 Dalasi     = 9 Naira
Kenya:         1 shilling    = 6 Naira
Liberia:        1 Dollar      = 470 Naira
Lesotho:     1 Loti          = 19 Naira
Libya:          1 Dinar        = 156 Naira
Morocco:   1 Dirham     = 176 Naira
Madagascar: 1 Ariary    = 14 Naira
Mauritius:   1 Rupee       = 16 Naira
Malawi:       1 kwacha.    = 21 Naira
Mozambique: 1 Metical = 24 Naira
Namibia:     1 Dollar        = 32 Naira
Seychelles: 1 Rupee        = 22 Naira
Sudan:         1 pound.      = 42 Naira
Swaziland:  1 Lilangeri   = 19 Naira
Tunisia:       1 Dinar.         = 150 Naira
Zambia:      1 kwacha      = 28 Naira

Even the worst economies of Africa now have more valuable Exchange rate than us.

As at today 
$1 = N470?
€1 = N500?
£1 =N640?

N1,000,000 is less than $4000.

How did we get to this point?

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