Video: Hear what this lady said about naira and dollar exchange rate

• A woman who resides successful America was near successful daze and disbelief aft she realised however overmuch $1000 would output successful naira
• The woman said she was astir to nonstop wealth to a comparative surviving successful Nigeria, and she decided to cheque however overmuch it would be
• She said she was shocked that $1000 would output thing little than N1.6 cardinal if she sent it to the relative

An American-based woman shared her views astir the contiguous speech complaint of the naira and the US dollar.

In a video she posted connected TikTok, the woman said 1 of her relatives called her and asked for immoderate money.

Ryan says she had to Google the naira and dollar speech rate. Photo credit: TikTok/Ryanazeh and Getty Images/ rustemgurler and Joseph Egabor.
Source: UGC

In her video, Ryan Azeh said the comparative wanted to rent a workplace flat which would outgo up to N2.1 million.

Ryan past told the comparative to standard down and get a much affordable apartment, but her nephew insisted helium wanted that 1 and that helium conscionable needed $1000 from her.

Her nephew said $1000 would springiness him up to N1.6 million, and Ryan was shocked.

That was erstwhile Ryan decided to cheque the speech complaint betwixt the US dollar and the naira.

She recovered retired that her nephew was right, noting that $1000 would beryllium up to astatine slightest N1.5 million, according to Google.

Ryan Azeh said she was shocked astatine the contiguous naira to dollar speech rate. Photo credit: TikTok/Ryan Azeh and Getty Images/Joseph Egabor.
Source: UGC

"He said it was conscionable to beryllium similar $1500. He said the conversion complaint present is N1650. N1650 for $1? Are you radical telling maine that with $1000, I volition person N1.6 million? And I had to Google it. Google was adjacent generous. Google said $1 is N1535. I would accidental “God assistance us” but the occupation is not spiritual!"

Ryan, who is from Cameroon, said she cried erstwhile $1 deed 580CFA.

Her words:

"I cried erstwhile it deed 580 successful Cameroon. I was depressed astatine 600, past I heard this 1650 naira and I said you cognize what, things CAN ALWAYS BE WORSE!"

Watch the video below:

Reactions arsenic woman reacts to naira and dollar speech rate

@SoftLandin said:

"Girl 10 years ago, it was 1 to 250 naira."

@flawlesskinug said:

"2.6million naira successful Uganda is 6.5 cardinal Ugandan shillings. I deliberation Africans are each conscionable going done it."

@Ehis__01 said:

"The system is doing wonderfully."

@omowarer said:

"What decides a country's economical wellness and modular of surviving is the GDP PER CAPITA. A authorities successful Nigeria could person much Dollar millionaires than the full of Cameroon."

@user1771374579641 said:

"The stableness of the CFA is not by the powerfulness Cameroon alternatively by France arsenic the currency is pegged against the euro astatine a fixed rate. France controls the wealth proviso to the CFA region."

Man gets occupation that pays him successful naira

In a related story, Legit.ng reported that a Nigerian antheral has started making money successful dollars and connected an hourly ground due to the fact that of the benignant of occupation helium got.

In a post, the antheral said helium got a occupation to enactment arsenic an email selling and CRM specialist, noting that his twelvemonth started connected a bully note.

The antheral said helium is going to beryllium earning $15 (N23,000) per hour, saying helium was enmeshed successful indebtedness earlier getting the job.

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Source: Legit.ng