SIDE TRIP 26: Hanoi, Vietnam
I still can't get over the fact that I am a millionaire in Vietnam. In fact, my side pockets bulge with 30 million Dong in hard currency! That's a lot of moolah.
Well, not a lot really. Considering that one dollar is equivalent to 15,000 Vietnam Dong. My 30 million is really only about 110,000 pesos --- budget for the one-day workshop I will be conducting tomorrow, heheh.
I am not an economist so I don't really understand the intricacies of how a particular currency's worth is pegged against the mighty US dollar. I thought it had a direct bearing on that country's economy but considering that the Japanese Yen is pegged at 112 to a US dollar while the peso is better off at 56, I am not so sure if that is a correct assumption.
One thing I am sure of, though, is that I am going to have a jolly good time counting my 30 million Dong. Aaaaaargh!!!
THE CITADEL IN HUE
Well, not a lot really. Considering that one dollar is equivalent to 15,000 Vietnam Dong. My 30 million is really only about 110,000 pesos --- budget for the one-day workshop I will be conducting tomorrow, heheh.
I am not an economist so I don't really understand the intricacies of how a particular currency's worth is pegged against the mighty US dollar. I thought it had a direct bearing on that country's economy but considering that the Japanese Yen is pegged at 112 to a US dollar while the peso is better off at 56, I am not so sure if that is a correct assumption.
One thing I am sure of, though, is that I am going to have a jolly good time counting my 30 million Dong. Aaaaaargh!!!
THE CITADEL IN HUE
posted by Miki at
11:47 PM
4 Comments:
your side pocket is bulging with your dong? what?!!! lolzzz. joke
but miki just wondering nag unsa nimo pagdala or da sa 30million. must be a lot of suit cases. mmmm
hiya ethan!
trust an aussie to notice that one, ehehehe. yup, my dong did bulge.
it helped that i had two big side pockets on my cargo pants. that and a backpack was all it took to carry all that moolah.
miki ;p
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