African dollars and currencies

Many African countries depend on the US dollar.

One African country will not accept the currency of another African country but they will accept the US dollar. We did a study of the deposit currency in banks and saw how the dollar rates make you lose the energy stored in your payment currency Tanzania shilling.

On September 30, 2023, we deposited 1 million Tanzanian shillings in the bank at which time 1 US dollar cost 2510.37 Tanzanian shillings. So 1 million cost about $ 398.35

We left the money for a year and tried to replace it. The price of the dollar rose to

$ 1 = 2655.00

That means then 1 million cost around 376.84

We put 398.35 and now it is 376.84

That means that we have lost about $21.7 equal to 57613.5 Tanzanian shillings.

Remember

We do not include taxes, bank charges, interest rate and Service charges

We believe Bitcoin is the solution to this problem with US Dollar Fraud