I never saw this until I moved to South Africa 🇿🇦😱||GHANAIAN living in South Africa 🇬🇭🇿🇦
Hi Amazing people..New Video alert 🔥, please what this video and comment down your thoughts and solutions to me and I will be very grateful 🙏
This video is about how am struggling to adjust to the new currency am spending now in South Africa..that's Rands...💵
Enjoy family 🥰
Пікірлер: 88
Nice presentation. Keep it up.
@itsefelisa3917
Жыл бұрын
Thanks so much hun am grateful 🙏🥰
@benbo7042
Жыл бұрын
@@itsefelisa3917 You most welcome, beauty 😊
@OseibrightArnauld-om9nc
8 ай бұрын
@@itsefelisa3917hello please are you still in south africa🇿🇦?
I love Ghanaians they are so sweet, love you from Cape Town ❤❤
@itsefelisa3917
Жыл бұрын
Awwww am blushing... thanks so much hun ..love you too🥰❤️🤗
I see people saying that the cedi is stronger than the rand. It doesn’t quite work that way. If you are doing international trade the currency you want in all of Africa is probably going to be the rand. Despite its problems (cough- load shedding) South Africa’s currency is unfortunately undervalued. The ANC has not done a great job with the things that I think are easier to fix. Like building and upgrading a power grid that fits the entire country. Like the pula the cedi trades higher than the rand against other currencies however South Africa has the better economy so that almost doesn’t matter. What’s messed up is that given South Africa’s positives (infrastructure - health education, Internet and rail/roads), the fact it makes and consumes more of its goods and services the country should be in a lot better shape. It’s rather frustrating to see a country that could be much better not be. Sorry but I gotta get political here, stop voting for the ANC that’s problem one and income inequality/wealth distribution (a hangover from the apartheid era) also distorts the nation’s economy.
@itsefelisa3917
Жыл бұрын
Haha thanks so much my dear🥰👍
@thatosebotsane8017
Жыл бұрын
The rand is undervalued not because of the ANC or anything that happens in the country but international speculation rather.
@Mntungwa77
10 ай бұрын
@@thatosebotsane8017In fact Moodys and whatever else they call themselves deliberately dropped the Rand during Zuma to force Zuma out of office. I’m not ANC but I know this
Cedi is stronger than rand but remember Cedi was as a result of currency denomination where 4 zeros were removed. It is an artificial economic measure to counter hyperinflation but it is not sustainable if the conditions that caused the issue persist. The denomination was done by Zambia as well. All these currencies that are said to be stronger than rand are due to currency denomination.
@itsefelisa3917
Жыл бұрын
Yes dear I think so hahahaha 🤣🤣
Gorgeous lady l appreciate your Chanel lift Ghana high as always home sweet home
@itsefelisa3917
Жыл бұрын
Awww thanks Hun...I appreciate you to..Go GHANA 🇬🇭 our mother land🇬🇭💃💃💃🥰❤️✨✨✨
Nice content sis❤
@itsefelisa3917
Ай бұрын
Thanks 🥰
Your beauty is stronger than any currency my love....
@itsefelisa3917
Жыл бұрын
Hahahaha... you're so funny dear🤣.. thanks so much hun🥰🙏💖
Welcome to ZA 🇿🇦 Love you loads.
@itsefelisa3917
Жыл бұрын
Thanks so much hun 🥰❤️🙏
great content✌
@itsefelisa3917
Жыл бұрын
Thanks so much dear 🥰🙏
Currently - C1 = R1,58 Rand is a little wicker compared to Ghana Cedi but the Cedi has lost a lot of weight since 2019, Cedi used to be C1 = R2,60 or more, I remember because I wanted to go to Ghana in December 2019.
@itsefelisa3917
Жыл бұрын
You see that's what I was also saying...the cedis is stronger than the rands👍... thanks so much dear for your opinion 🥰🙏
Watching from 🇧🇼
@itsefelisa3917
Жыл бұрын
Awww am much grateful..you welcome Hun🥰💖🙏
This is not because of the conversion rate but because South Africans have a higher spending power therfore can afford things for higher prices.
@itsefelisa3917
Жыл бұрын
Oh ok thanks dear 🥰👍
You can’t have a 1:1 comparison. I think in Ghana you guys revalued your money by cutting 4 zeroes off of your currency so for example R100 might be equivalent to 1000 cedis or less(just an estimation)
@edmond1809
Жыл бұрын
Nah that’s cap , r100 is not even up to 700 cedis
@itsefelisa3917
Жыл бұрын
Yes dear I think you're right....but I don't know why they did that tho😂🤦
@itsefelisa3917
Жыл бұрын
@@edmond1809no dear it's not...it's like ¢64 or something 🙈
@edmond1809
Жыл бұрын
@@itsefelisa3917 yea yea sis I just checked , that’s way less than the guy was estimating
@itsefelisa3917
Жыл бұрын
@@edmond1809 yes dear👍
U cannot do that don't compare ghana credit to the rands just concentrate on the rands
@itsefelisa3917
Жыл бұрын
That's very true my dear.. thanks so much🥰❤️🙏
Mathematically it doesn’t make sense; if Ghana Cedes is more than the SA Rand then what it means is that a Ghanaian buying your merchandise should not feel like it’s too much to pay you in Rands because, it means they can use their Cedes to buy a lot of Rands and send you the Rands you need and still have change. As you said 1 Cedes is 3x R1.00; what this means is that R100 Cedes can buy them R300 which will allow them to send you the R100 and still have R200 back in Ghana!
@itsefelisa3917
10 ай бұрын
I think that's true my dear... I have to explain it to them in this way.. thanks Hun😍👍🙏
Etisen my sister
@itsefelisa3917
Жыл бұрын
Nyame Adom 3y3 ...my dear 😊
❤❤❤
@itsefelisa3917
Жыл бұрын
💝💝💝
Here in Ghana, Gh100 is a day salary, especially for casual workers.
@itsefelisa3917
Жыл бұрын
Oh really...you see..so it's still a lot of money... thanks dear for your opinion 🥰🙏
🥰🥰🥰🥰🥰🥰
@itsefelisa3917
Жыл бұрын
Awww thanks Hun🥰🥰🥰🥰
It will cost you roughly 1. 50 ZAR to buy 1 GHS. which means the Rand is weaker than the cedis
@itsefelisa3917
Жыл бұрын
Yeah ,,,that's what am thinking my dear ..it's very true🥰❤️👍
@normantshokotshela5290
Жыл бұрын
A lot of people can't get it right when it comes to exchange rates. You got it right,
@UltraCoder
Жыл бұрын
The rands is far stronger than the cedi, some zeros were removed to counter hyperinflation
@urban_legend.
Жыл бұрын
@@UltraCoder not so long ago it was R3 for 1 cedi, the cedi is stronger than the Rand but its slowly getting less and less... Your comment made me look it up and i was surprised to find that it will cost you R6.30 for 1 Tunisian Dinar, talk about the strongest currency in Africa.
@itsefelisa3917
Жыл бұрын
@@UltraCoder oh ok dear 😊👍
Efilisa your quiet so long are you still there or are u okay.
@itsefelisa3917
3 ай бұрын
Yes am here dear,just a little busy 😊👍
The comparison is weird cos 1 rand is 1.54 cedi very confusing. So is life in south africa more expensive. Great content though
@itsefelisa3917
Жыл бұрын
Yeah it's so confusing my dear.😂.. thanks so much 🥰❤️🙏
Efelisa gorgeous hey
@itsefelisa3917
7 ай бұрын
Aww thanks dear🥰❤️🙏
Juss save the money here
@itsefelisa3917
Жыл бұрын
Yes that's what I will do Hun🥰🤗👍
What about Nigeria Maria sesie or American dollar.
@itsefelisa3917
Жыл бұрын
I think dollars is high but nira is low...I don't just saying 😂👍
Ghana currency is number three strong currency in the whole Africa countries
@itsefelisa3917
Жыл бұрын
Waooow really.. that's nice.. am learning new things everyday from you all...🤗 thanks so much dear 🥰❤️🙏
If don't have a boyfriend yet please 🙏 know I'm waiting and available. Enjoy my beautiful sister I like your content.
@itsefelisa3917
8 ай бұрын
Awwww thanks Hun🥰❤️💃
Tell us about Ghana, what pushed you out of your own country
@itsefelisa3917
Жыл бұрын
Ok I will do a video about that soon if you guys want to know...😊👍
Hahah, and who says Gh1000 can buy you groceries for a month in Ghana, it will not reach.
@itsefelisa3917
Жыл бұрын
Oh really... hahaha 😂 what happened to Ghana 😢..Awww that's so bad now... thanks Hun for your opinion 🥰🙏
@niiadu1983
Жыл бұрын
@@itsefelisa3917 things are expensive now oo
The Cedi is stronger than Rand
@itsefelisa3917
Жыл бұрын
For sure dear ✌️👍💃💃😂
Inflation
@itsefelisa3917
Жыл бұрын
Yes dear😊
West African accent not far from nigerian
@itsefelisa3917
Жыл бұрын
Haha we are neighbours 😂😂😂
You do not sound like Ghanaian. You speak as a Nigerian.
@itsefelisa3917
Жыл бұрын
Ok thanks 👍
@dimegi1558
Жыл бұрын
Ghanaians even sound worse in English compare to Nigeria, don’t shy away from your sister
U are not a ghanaian
@itsefelisa3917
Жыл бұрын
Ok dear no problem 👍🤗
@alanMeplusYou
11 ай бұрын
I’m shocked she said she is a Ghanaian , madam you are not ! 😅 Your accent is NIGERIAN !! You guys will soul our name p333