On Tue, May 10, 2016 at 8:22 AM, Tina Manley <tmanley@xxxxxxxxx> wrote:
> PESO:
>
> We never got used to using Iranian money. When we lived in Iran in the
> 1970's one dollar equaled 8 rials. Today one dollar equals 30,000 rials.
> That makes for awkwardly large amounts of bills so prices are often given
> in tomans, which means you knock one zero off of the rial amount. What Tom
> would do is hold out a handful of money and let the merchant choose what he
> needed:
>
>
> http://tinamanley.photoshelter.com/gallery-image/Iran/G0000YmlbTddL96g/I0000r1PIO5ggNp4
>
> We were never cheated and they always rounded out the price in our favor!
>
That's a charming scene! I spent a semester of college in the UK in 1973
and they were still getting comfortable with conversion from shillings to
pence. As I was used to working with 100 pennies to the dollar, it was a
snap. It was a little more complicated figuring pounds to the dollar,
which was about .4 to $1. But Nixon was in the process of going down (one
gentleman who picked me up as I was hitchhiking remarked that Nixon "ought
not to order any carpets because he might not be around to see them laid")
and all the pounds I had purchased appreciated against the dollar. I was
thrifty and made a little profit before returning to the USA.
Joel W.
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