This is about Nigeria. Not DCA this time but NCA as you are specifically talking about our country and people that are receiving their wages or salary in naira.
NCA full meaning is naira cost average.
Yes, that is true. It is not only about agreeing but actually what is going on in the Nigeria. But as time goes, as inflation occurs, everybody will later be favored. Minimum wage was increased, those that are selling will earn more naira, those that import goods will warn more and so on in a way everything will later balance.
Although, I noticed what is happening in Nigeria recently is somehow as the government are not moving towards achieving a stable economy but preferring to make naira price to continue to increase and decrease. Recently, the value of naira is increasing but the foreign reserve is depleting.
But I still think anyone that is working that wants to NCA can still do it if the person has it in mind. Even if the value is not that much but it is worth it.
NCA or DCA strategy, what does it matter, what we should concern ourselves with as regards this post by our OP, is to decide on which strategy between NCA or DCA we would prefer to use, that is when we are ready to start.
The goal is to invest into ones savings or holding portfolio and do it effectively to get a good return and if one should choose DCA then they have to save up more Naira to be even.