A currency in the most specific sense is money in any form when in use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a system of money (monetary units) in common use, especially for people in a nation. Under this definition, U.S. dollars (US$), euros (€), Japanese yen (¥), and pounds sterling (£) are examples of currencies. Well I would also use what I know to explain, here in Nigeria, our highest Currency is 1000 Naira,
African countries are striving to build their economy, as well as their currencies.It is so surprising that some African countries have their currencies on the list of the most valuable currencies in the world.This article states the top 10 Strongest currencies in Africa and their equivalent to the US dollars.
Foreign money or money, within the shape of paper, cash, and overdue digital currency, is the number one medium of alternate inside the cutting-edge world, decidedly favored over the barter system.The price of a currency is relative.A number of macro and microeconomic factors, together with hobby and inflation fees, financial growth, political balance, alternate stability, stimulus measures, and so forth, influence the value of a currency.
The Crypto Currency Basic Information What is Crypto Currency ?This is a digital Currency in which transactions are Verified and records Maintained by a decentralized System rather than a centralized authority.This provides a personal wealth beyond restrictions by a particular authority or group and these digital currencies tends to appreciate in value with time.
After an alleged N5,000 note was spotted, see what Dr Olufunmilayo said about it that got reactions.
Nigerian youths are funny people that makes things more interesting for themselves via all the social media platform, see the five thousand naira note that has stirred more reactions online.
The pandemic caused by the Covid-19 is undoubtedly one of the most critical and serious global economic crisis that has happened since the Great Depression in 1929.This crisis has changed the structure of the global economy.As for Nigeria, which is the most populous country in Africa and one of the two largest economies, the pandemic has worsened the poor economic situation.
The Yoruba nation agitation has reached the highest point of view, as the Yoruba nation's agitators have promised the date when Yoruba nation's will gain her independence.
Checkout Country Where A Month Salary Cannot Buy You A Single Meal and Why Nigeria Should Be Worried
Venezuela was once the wealthiest country in Latin America, with the world's largest recognized oil reserves and a stable government that was praised around the world; however, the country's stability and economy are in shambles; the country has one of the world's highest inflation rates, making food and medicine scarce for the majority of Venezuelans; and its GDP has dropped by three percent. These conditions have triggered a slew of anti-President Nikolas Maduro protests, and it's easy to see why the country
During the civil war that started in 1967, the people of Biafra were trying to break away from Nigeria which led to a very bloody war that lasted for about three years.
Ideally, one would think that the biggest or richest countries in Africa would have the most valuable currencies, however, that is not the case in reality.In descending order, the countries with the highest currency value are listed below 1.Libyan Dinnar (1 USD = LD 1.41) The dinar is the currency of Libya.
There is no nation on the planet earth that can achieve it national goals without money or currency.This is because money is the lifeblood of any nation.It quickens development and strengthen the standard of life of citizens.
De Bruyne latest contract renewal makes him the highest earner in the history of the Premier League.The creative midfielder signed a two-year contract extension with Manchester City until the summer of 2025.The figures contained in his contract are simply stunning.
The world we live in is no doubt filled with good people but the same world is also filled with some despicable human beings.A bank Driver and his gang have now been arrested after they Masterminded and executed the kidnap of 3 bank managers.This goes to show that our worst enemies might be very close to us.
Recall that, a guy known as @UgwunnaEjikem on twitter recently sent money amounting to N5000 to a guy on twitter and proceeded to insult the guys father and a lot of people took offense about the way he behaved which made him appear on the trends list for days. Recently, people
A Twitter user who name is yet to be identified have taken to his Twitter page and shared pictures of old Biafran Currency, He Found in his father's wardrobe.
The Guiness World Record for the individual featured on the most currencies is held by Queen Elizabeth II, she's on currencies in at least 35 countries.2.The pound sterling is the oldest currency still in use, dating back to the 8th century.3.
The world's greatest and most successful investor Warren Buffet never did invested in crypto currencies.He believes that the crypto currency is not a real commodity.This multi billionaires has a great history of different investments which all yielded successfully.He is observed to be a "last minute decision taker" .
Although many people are familiar with certain African currencies, not everybody is aware of their value. I'll give you a rundown of the top 7 African countries with the most valuable currencies in today's post, and they will be ranked in ascending order i.e from the lowest on the list to the highest. 1.Egyptian Pounds ( 1 USD = 15.75 EGP) The Egyptian Pound is Africa's seventh most important currency but first on my list here. Egypt is a country renowned for its riches and pyramids, they are commonly light
Bitcoin is a digital currency currently making waves in the stock market.It is a virtual coin that has been accepted generally by masses to be the future of currency.Subsequently, the world's richest man Elon Musk has invested in the coin.He Thought having a part of his wealth in virtual coin would make a correct and appropriate portfolio.
What is Cryptocurrency? A Cryptocurrency is a mode of payment that is exchanged online, for goods and services. Many companies in the world have issued their own currencies, which are often called tokens, and these tokens can only be traded specifically for the goods or services that the company provides. There are more than 6,700 Cryptocurrencies in the world, according to coinMarketCap.com the total value of all crypto currencies on April 2021 is more than $2.2 trillion according to CoinMarketCap Is cryptocurrency