Well, I have been counting the value of my Turkish lira from my second trip there in 1993, thirty years to the month after my 18-month Air Force assignment. I now think I should have invested in Turkish towels or Turkish delight or something other than cash. I have a million lira note and a 500,000 lira note. Together, back in the early 1960s when I was first in Turkey with the Air Force, the exchange rate for nine lira for one dollar. At that rate these two bills would have been worth $166,666.66 back them.
I looked up the history of Turkish inflation and by 2004 one U.S. dollar would have exchanged for 1,350,000 lira. On January 1, 2005, the government dropped six zeros and came out with the “new lira.??? I understand that the government continues to accept the old lira. The problem is that the exchange rate for the old lira to U.S. dollars is 1,000,000 to one.
Although I might convince someone in the United States that I could be a millionaire, the dollar value of my two big bills in Turkey is now a dollar and a half. A million is not a big as it once was.
website: http://www.rdricketts.com
Contact: dan@rdricketts.com
See other blogs: http://megiddofirstlast.blogspot.com/
i have that kind of money… the 500000 … and i don’t know if it is true… my friend just gave it to me… how will I know if my Turkish bill is true???
Write very good, very nice, thanks for your offer.
Another great post! I shared this one on Facebook – you should add a “like” button to your posts. 🙂
This is very interesting. I actually enjoy your writing style and your word choice more than anything Smile
Good article it’ s really clear, i will try it! Very good article and blog, poker is good to !
This was a great post, I hope you will write some more of these in the future….
Thanks for the read, I will bookmark it and come back later to check out some of your other posts =)
I really considered i’d publish and let you realize your blogs is helpful for uncovered the helpful hidden knowledge.I really love your weblog.Safely and effectively, the post is in the inescapable fact the best on this worth when subject. I concur along with your final thoughts and will thirstily search forward to your arriving tweets. Precisely saying thanks will not just be sufficient, for your brilliant lucidity in the posting. I will without delay pick up your rss feed to stay informed of any updates.Legitimate deliver the results and substantially achievements with your do the job and home business passion.Anyway maintain up the fantastic do the job.Thank you.
surprising thanks already bookmark
Hey fantastic site, I found exactly what I essential.
Incredibly Great see. Presents Many thanks for this.
I wasn’t aware of some of the material that you wrote about so I want to just say thank you.
It’s great to see this site is finally getting the attention that it totally deserves Keep up the excellent work.
This is absolutely wonderful 😀 Thanks for making this available!
Hi, i just thought i’d post and let you know your blogs layout is really messed up on the K-Melon browser. Anyhow keep up the good work.
Do you have a spam problem on this blog; I also use Blog Engine, and I was speculating about your experiences; we have developed some excellent practices and we would like to exchange practices with others, please Email me if you are interested.