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Throwback To When Volkswagen Beetle (Ijapa) Cost Only N3,984
Throwback To When Volkswagen Beetle-Ijapa Cost N3,984
Our grandparents used to say there was a time when one Naira was equal to one dollar. Some even said Naira was stronger than dollar at a time. During the good old days, the Nigerian economy was doing great. Things were cheap and the exchange rate clearly had no significant effect on our denomination.
Would you believe a Beetle (Tortoise) was sold for N3,984 in the year 1982. Compared to now that N5,000 cannot even buy you a car battery.
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sholly
March 1, 2017 at 11:49
Amazing ! Considering time value of money nko ?N3,980 of 1982 will be like N1m then. Igba n yi a nto.
AutoJosh
March 1, 2017 at 13:49
Yes. but that inflation rate is crazy