All over the world,different countries have different currencies,of which some have higher values than others.cedis,Ghana's currency is undoubtedly one of the most valued currencies in Africa,and the world to some extent .
Even though is currency is less valuable in global rankings, it is not the worst.Venezuella is the number one destination for any glutton.This country located at the north coast of south America is in bruising battle with Iran to become the last but one country whose currency is most valued as they are currently having the weakest currency in the world.
As of the beginning of the beginning of 2020,1 Ghanaian cedi equals 43,100 Venezuela sovereign bolivar.Imagine converting just 50 cedis to venezuellan currency, it will be about 2155000 sovereign bolivar. Yes,that's million.
In fact,Venezuela is rich in tourist attractions and beach resorts.A perfect place for enjoyment, relaxation and fun.so guys,imagine what you can do there with just 50 cedis.This is one paradise to visit.
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maybe natural resources will really make a country to become rich on how to manage it carefully
Yeah
Venezuela! Wow this is surprising and interesting. The values for the currencies is serving as a positive effect on the country and negative effect too since a citizen can go to another country to make a living since the value of the note is higher than the other one and vice versa.
Yeah,that's true
Nice article. Keep up with the good works.💯
Thanks
Oh brrrr! That's serious! So Ghanian Cedi is more valuable than Venezuelan Bolivar. A south American country for that matter!
Yes.Due to high inflation. They also print their own money to cover their expenses. This has devalued their money.
Nice article keep it up ❣️
Thanks
It is not important how much a currency is worth in nominal terms, but how much the currency is stable. For 1Cedi you get 18.6 Japanese Yen today. But 5 years ago you got 30 Yen for 1Cedi. The value of the Cedi has almost halved in 5 years.
Stability is the real score. Before the value of fiat are 50% worth than today. They drop so much. Just saying
Then Venezuela would be a great place to be.I even browsed and it made the list on one the cheapest countries to live in.They really assist a lot of tourists who are not financially stable since they also have nice tourist sites.