Deprecated: Assigning the return value of new by reference is deprecated in /home/liebs/worldunfurled.com/wp-settings.php on line 486

Deprecated: Assigning the return value of new by reference is deprecated in /home/liebs/worldunfurled.com/wp-settings.php on line 501

Deprecated: Assigning the return value of new by reference is deprecated in /home/liebs/worldunfurled.com/wp-settings.php on line 508

Deprecated: Assigning the return value of new by reference is deprecated in /home/liebs/worldunfurled.com/wp-settings.php on line 544

Strict Standards: Declaration of Walker_Page::start_lvl() should be compatible with Walker::start_lvl(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 594

Strict Standards: Declaration of Walker_Page::end_lvl() should be compatible with Walker::end_lvl(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 594

Strict Standards: Declaration of Walker_Page::start_el() should be compatible with Walker::start_el(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 594

Strict Standards: Declaration of Walker_Page::end_el() should be compatible with Walker::end_el(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 594

Strict Standards: Declaration of Walker_PageDropdown::start_el() should be compatible with Walker::start_el(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 611

Strict Standards: Declaration of Walker_Category::start_lvl() should be compatible with Walker::start_lvl(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 705

Strict Standards: Declaration of Walker_Category::end_lvl() should be compatible with Walker::end_lvl(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 705

Strict Standards: Declaration of Walker_Category::start_el() should be compatible with Walker::start_el(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 705

Strict Standards: Declaration of Walker_Category::end_el() should be compatible with Walker::end_el(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 705

Strict Standards: Declaration of Walker_CategoryDropdown::start_el() should be compatible with Walker::start_el(&$output) in /home/liebs/worldunfurled.com/wp-includes/classes.php on line 728

Strict Standards: Redefining already defined constructor for class wpdb in /home/liebs/worldunfurled.com/wp-includes/wp-db.php on line 306

Deprecated: Assigning the return value of new by reference is deprecated in /home/liebs/worldunfurled.com/wp-includes/cache.php on line 103

Strict Standards: Redefining already defined constructor for class WP_Object_Cache in /home/liebs/worldunfurled.com/wp-includes/cache.php on line 425

Deprecated: Assigning the return value of new by reference is deprecated in /home/liebs/worldunfurled.com/wp-includes/query.php on line 21

Deprecated: Assigning the return value of new by reference is deprecated in /home/liebs/worldunfurled.com/wp-includes/theme.php on line 623

Strict Standards: Redefining already defined constructor for class WP_Dependencies in /home/liebs/worldunfurled.com/wp-includes/class.wp-dependencies.php on line 15

Strict Standards: Redefining already defined constructor for class WP_Dependencies in /home/liebs/worldunfurled.com/wp-content/plugins/wordpress-support/wordpress-support.php(10) : runtime-created function(1) : eval()'d code(1) : eval()'d code on line 1
World Unfurled… An entrepreneur travels the world. » A penny saved might not be 1% of dollar.

A penny saved might not be 1% of dollar.

January 20, 2006

Exchange rates signI have long known that traveler’s checks get less good exchange rates than cash. I have seen people refuse to change old or stained cash, but this is the first time I have seen people reduce the rates by (almost 20%!) for small bills. I have seen this sort of thing tat virtually all currency exchange places in Dar Es Salaam. This is doubly surprising because just 3 weeks ago in Moshi people were very anxious to get small US notes to make change. Sounds like an arbitrage opportunity to me.

None the less, I still like having some small bills because no one ever has any change!

1 Comment »

  1. Can you say rip off?

    Comment by Lori — January 20, 2006 @ 12:00 pm

RSS feed for comments on this post. TrackBack URI

Leave a comment

You must be logged in to post a comment.