The Value of MYR1 | ** An Anonymous Journal **

Sunday, August 26, 2007

The Value of MYR1

An American friend of mine wanted to know if the American dollar is stronger than the Malaysian Ringgit. So I told him it's about USD1 to MYR3.4X. He doesn't get it and that seals his preset opinion that Malaysia is a poor country. Well, he would be surprised to know how rich in natural resources our country is.

Since he couldn't even begin to understand how weak our currency is compared to the Dollar, I told him that one Starbucks is about MYR8 - MYR10. Well, I never had a Starbucks before though I have been in there so I know this is the rough estimation.

He told me that Starbucks in the United States, at least where he lives, is about USD7. Oh my God, that's like 2.5 times what we are paying over here.

Anyway, he still does not get the real value of the Ringgit so he asked what can MYR1 buy? For the life of me, I can't think of ANYTHING.

Mineral water and sweets are way below MYR1. Bread and coffee are more than MYR1. Is there anything that we could get for exactly MYR1? If you can think of something, let me know!

2 comments:

Anonymous said...

I know, I know, the weekdays parking charge! Is there such a charge in the US?

Other than this I can't think of any... Maybe those stuffs in 0.99sen shops can be counted as MYR1 stuffs?

Em said...

Oh now that you mention, yes, MYR1 for full day of parking at some places for weekdays. Am not sure if this is available in the States. Most probably more expensive than USD1.

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