[PentiumBug]

Nigeria? Heh... I give you Cuba. Monthly average salary 3902 pesos which, converted to USD, yield 31.2. It would take, what? 50 months?

[acchow]

Why does xe.com show 3902 cuban pesos as $162 US?

https://www.xe.com/currencyconverter/convert/?Amount=3902&Fr...

[PentiumBug]

That's old news. The state mandated rate is around 120 CUP per USD (with a little spread when buying/selling, and for other market fluctuations.) But almost no one uses that mechanism, as the state is profoundly insolvent.

The black market, or unofficial, rate is what everyone thinks about[2].

[1]: http://www.cubadebate.cu/especiales/2022/08/29/apuntes-sobre... [2]: https://eltoque.com/tasas-de-cambio-de-moneda-en-cuba-hoy

[junar]

Apparently that exchange rate isn't real.

https://www.reuters.com/markets/us/cuba-more-than-quadruples...