why is the shekel so weak compared to the dollar?
3 shekels = 1 dollar
>>137015483
Because the Jews love to have lots of shekels.
It's more impressive to bath in 3 millions shekels than in 1 million burgerdollars.
Hmm. So you're saying we should pool all our cash and buy isreal like the chinks are buying up western property. Interdasting
>>137015483
Israel is a cheap country.
>>137015808
Are you fucking retarded. The shekel a few years back was at 4:1, 4 shekels for a dollar. Its approaching 3. Thats amazing considering how small and young israel is that's astounding. Also, israel spends 30% of all its government spending on the military.
>>137015483
1 US dollar is equal to 109 yen... What's your point?
It's not about how much the US dollar is worth, but how much of it people make and how much of it people need to live on.
In the US, for example, a can of Coke costs a dollar at an average vending machine.
Here in Canada, where I live, a vending machine sells it for a dollar.
I make usually 1000$ CAD a week.
The average American makes 850$ a week.
Converting what I make per week into USD, I'd be making 736$.. So I'm theoretically poor, and I make a lot more money than most Canadians who make usually minimum wage.
>>137015483
Think long term. Buyand hoard shekels, sell them for a profit. Are the peaks and troughs a coincidence.
http://www.xe.com/currencycharts/?from=USD&to=ILS&view=10Y
>>137019510
Kek! A can of coke costs over $1.50 in many places in the US.
>>137015483
why do you keep spamming this image
>>137019510
Once the toonie came out all the vending machines switched from loonies to toonies here. Some laundry mats still use just loonies and quarters but the newer machines use toonies.
>>137015483
Has to do with the amount of American taxpayer money they receive as foreign aid.