Tuesday, June 14, 2011

June 13th

There is not a whole lot to say about Monday. We worked on camp stuff and ran camp related errands. We got stuck in a big storm, it is not suppose to rain this late in the year. Oh it was the day after the elections so we were watching the exchange rate to see what it is going to do. So far it has been dropping but we are hoping it will stabilize and then climb…

Hmm so now would be a good time to comment on the Turkish currency. They use Liro here, there paper money does not get smaller than 5 Liro, they then have a 1 liro coin. When it goes smaller than this it is a Kroishe and it goes in 50, 25, 10, 5, and 1 increments. When I first arrived the exchange rate was 1.6 it dropped to around 1.57 sometimes it rose to 1.58 or 1.59. Yesterday it dropped to 1.55 by the end of the day. It has gone back to 1.57 at the start of today and we will just see what it does from here. Oh to translate those numbers $30 would be worth 48 TL with an exchange rate of 1.6 and 47.1 TL with a 1.57 exchange rate, and 46.5 TL with a 1.55 exchange rate.

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