Taking the case of SA, when you want to spend your money for the first time abroad, you know you can’t use the Tshs. So you have to change the Tshs. or other currency you have to the local currency e.g here – RAND.
Since the RAND has more value than Tshs. you may mistakenly think things are cheap here, when you want to buy some items, and therefore don’t bother to observe economizing. For example, a banana for R2, or a plate of food for R35 may seem so cheap for us from TZ where we buy for instance a plate of food for about Tshs.4500.
And if you are not caught in the trap of considering the things are cheap, then you will be a slave of trying to convert every price in Tshs. so as to know whether you are economizing or not. You may be wrong in some cases because you are in a different country and you are probably buying something that you are consuming in that country so why use TZ rates?
In summary, the difference in value of TZ and other countries may take you into many surprises and after all you must be able to manage your spending before you go bankrupt in the foreign country.
Just imagine, you find a phone for R500 ,you may think it is very cheap for the first time, by just looking at the figure itself, or when you try to convert the R500 to equivalent Tshs.but when you stay in the country for a long time, you may realize that R500 is not a small amount of money, it is not JUST easy to generate that money in a short time , like it is not just easy in TZ to generate TShs.250,000/=
I hope the same, applies to those coming from abroad where currency has more value than Tshs. Imagine a person buying food for R30 in SA, but coming to TZ, he finds a plate of rice at Tshs.4500 ! even if it is a different currency, the difference in figures brings a certain experience that one needs to accommodate with before running out of cash.
A person who buys car in his country at R80,000/= comes to buy in TZ a car at Tshs. 9 million ! Just looking at the figure, it brings a kind of surprise !
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