Search results
Results from the WOW.Com Content Network
When the naira was introduced, it had an official exchange rate of US$1.52 for ₦1, though a currency black market existed in which the naira traded at a discount relative to the official exchange rate. The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar.
The Nigerian aviation industry generated 198.62 billion naira (€400 million) in 2019, representing a contribution of 0.14% to GDP. It was the fastest-growing sector of the Nigerian economy in 2019. Passenger traffic increased from 9,358,166 in 2020 to 15,886,955 in 2021, a significant increase of over 69%.
In 2016, the black-market exchange rate of the Naira was about 60% above the official rate. The central bank releases about $200 million each week at the official exchange rate. However, some companies cite that budgets now include a 30% "premium" to be paid to central bank officials to get dollars. [156]
Usage of: West African CFA franc Central African CFA franc The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA): Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.
It covers an area of 923,769 square kilometres (356,669 sq mi). With a population of more than 230 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west.
An airline ticket showing the price with ISO 4217 code "EUR" (bottom left) and not with euro currency sign " € "ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units.
The factor–label method can convert only unit quantities for which the units are in a linear relationship intersecting at 0 (ratio scale in Stevens's typology). Most conversions fit this paradigm. An example for which it cannot be used is the conversion between the Celsius scale and the Kelvin scale (or the Fahrenheit scale). Between degrees ...
A million millilitres or cubic centimetres (one cubic metre) of water has a mass of a million grams or one tonne. Weight: A million 80-milligram (1.2 gr) honey bees would weigh the same as an 80 kg (180 lb) person. Landscape: A pyramidal hill 600 feet (180 m) wide at the base and 100 feet (30 m) high would weigh about a million short tons.