“You can withdraw dollars from ATM” – Lady visits Liberia, discovers they spend US dollars for streets purchases (Video)
“You can withdraw dollars from ATM” – Lady visits Liberia, discovers they spend US dollars for streets purchases (Video)
A lady identified as Toke embarked on a journey to Liberia and was pleasantly surprised by the ease of accessing US dollars in the African country.
Liberia, a country with two legal tenders, the Liberian dollar and the US dollar, boasts a convenient exchange rate of 0.0054 cents to the US dollar, in stark contrast to Nigeria’s current exchange rate of over N784 for one US dollar.
In a video shared on social media, Toke excitedly narrated her eye-opening experience, highlighting the accessibility of US dollars through street ATMs in Liberia.
She expressed amazement at how even street vendors and small businesses conducted transactions primarily in US dollars, a practice rarely seen in Nigeria.
Toke recounted a chance encounter with a Nigerian resident of Liberia who described life in the country as favorable.
As per the latest exchange rates, one Liberian dollar currently exchanges for N4.2089, making Liberia a haven for individuals seeking a more straightforward and cost-effective way to acquire US dollars compared to the challenging currency exchange market in Nigeria.
Netizens Reactions…
@Travel With Miracle said; “One of the oldest countries in Africa, but long war destroyed many things in the country.”
@johnnie commented: “Things are very expensive.”
@Clinton said; “1 Liberian dollar equals 4.17 Nigerian Naira.”
@Jennifer Iheanacho asked; “What’s the exchange rate, please?”
@Jennifer Iheanacho said; “E be like say I go move o.”
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