Cape Town – South African DJ and media personality Euphonik was taken aback when he had to pay nearly R800 for a breakfast for one in Miami, but many people who responded pointed out South Africa’s weak exchange rate.
Euphonik took to social media to share his bill which came to 42.33 dollars (around R781.57). He also expressed his shock at how much it came to when he converted it to Rands.
“Breakfast in Miami. The whole leave SA and move overseas talk is nice until you’re having a R700.00 breakfast for 1,” he wrote on Twitter.
Breakfast in Miami. The whole leave SA and move overseas talk is nice until you’re having a R700.00 breakfast for 1 ? pic.twitter.com/0PgJPnp7qU
— Euphonik™♛ (@euphonik) February 27, 2023
The DJ’s followers tweeted him back and related to him that the bill would not have been as bad if he were to have been living in America. They pointed out that the reason his bill seemed so expensive was because he converted it to rands.
View responses from tweeps here:
The idea is to earn in dollars and spend in rands.
— Abednego (@abednego82) February 27, 2023
At the end of the day it’s the rand that makes it sound expensive… come on now
— KinG_JAY_SOAB (@JACOB_SOAB) February 27, 2023
Would one be earning in ZAR and spending in US$?
Why do we convert currencies to favour one side of the coin. E.g, if someone is talking about how well they earn in France, they will convert their “small” Euro-denominated salary into Rands to inflate it or do same with expenses.
— Madima (@MaanoMadima) February 27, 2023
That’s an hours pay on average in the States though so it wouldn’t be really bad if you work there??
— JR. (@Jay4TheDollies) February 27, 2023
When you live there, you will work there, get paid in Dollars and won’t need to convert from Rand to Dollar. Can’t believe I need to tell you this
— Bra Africa ? (@africanmannnn) February 28, 2023
Prices are market related and so are the salaries
— EdgarMwangoSimfukwe (@EdgarMwango) February 28, 2023
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Picture: Instagram/ @euphonik
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Compiled by Junaid Benjamin
