Naira Flow on the GRAJ protocol. One fee. 195 countries. Join the protocol.
In markets with currency controls, the price agreed and the amount received are different numbers, and the gap is decided by mechanisms outside the transaction. Nigeria is the example most traders know, and the pattern repeats across many markets.
Where access to foreign currency is rationed, an official rate and a market rate diverge. Which one applies to a given transaction depends on the channel it moves through, and quoting a price without saying which is quoting an unknown number.
A buyer can pay in local currency without the seller being able to convert or repatriate it. Sellers discover this after delivery, which is the worst possible time, and it is a term rather than a technicality.
Four questions decide whether a profitable order stays profitable, and every one of them is a term rather than an operational detail. Agreeing them in the order is worth more than negotiating a point of margin.
GRAJ does not convert currency, does not hold funds and does not route around exchange controls. Circumventing them is an offence in the jurisdictions that have them, and the value of writing this down is that the risk is priced into the deal rather than discovered afterwards.