Friday, September 27, 2013

My Mind On My Money And Money On My Mind


            Angola, like most countries, has its own currency: the kwanza. It has been the currency for quite some time but has changed throughout the years, most recently with the introduction of the 5000 kwanza bill. The money comes in different forms, shapes, colors, and designs.
            The currency includes 5000, 2000, 1000, 500, 200, 100, 50, 10, and 5 kwanza bills as well as coins; however, the coins are almost pointless when you consider the currency exchange. Each bill is a different color and has its own design. The size of the bill is similar to its worth, meaning the 5000 kwanza bill is the largest with the 5 kwanza bill being the smallest. What an interesting concept, and one that much of the rest of the world follows.
            The best way for me to explain the kwanza is “monopoly money” because it really has no value outside of Angola. You wouldn’t use monopoly money to buy a log cabin in The Game of Life, just like you wouldn’t use kwanza to buy a dress at Von Maur. The exchange rate to the American dollar is about 100 kwanza per dollar. So, if a can of soda is 139 kwanza, it is $1.39 in American dollars.
            The money and exchange rate were easy to figure out, a little too easy. So of course there had to be a catch and that came with the use of separators. The decimal point and comma are interchangeable here and don’t follow the same rules that they do in the States. For example, the price of a new television in the States may be $2,000.00. Knowing the exchange rate, we know that $2,000 is the same as 200,000.00 kwanza. Easy, right? But that isn’t how it is written here, and instead, the price would be listed as 200.000,00. It has been quite a chore trying to retrain my mind.
            The new form of currency has been a big change in my life. No matter how much or how often I use the kwanza, I still don’t know how much something is until I do the exchange rate in my head and compare it to the only form of currency I have really known my entire life: the American dollar.


No comments:

Post a Comment