Mwalo Chibya
JF-Expert Member
- Dec 18, 2019
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Is that how you do comparison ya purchasing power ya currencies!?😂😂😂🤗 Halafu unakaza fuvu kuona wanao kuelekeza hawajui, poor Kenyan
Is that how you do comparison ya purchasing power ya currencies!?😂😂😂🤗 Halafu unakaza fuvu kuona wanao kuelekeza hawajui, poor KenyanYou were comparing Purchasing Power Parity between the Kenyan Shilling and the Tanzanian shilling. The Kenyan shilling is the stronger currency and has a higher purchasing power than the Tanzanian shilling.
You can buy more goods and services with 200 Kenyan shillings than you would with 200 Tanzanian shillings (NB: Not the equivalent of 200 Kenyan shillings). That is what Purchasing Power is. Kenyan currency has a higher Purchasing Power than Tanzanian shilling, end of discussion.
What then is Purchasing Power Mr. Genius? (Explain to us, in terms of comparison between two currencies)Is that how you do comparison ya purchasing power ya currencies!?😂😂😂🤗 Halafu unakaza fuvu kuona wanao kuelekeza hawajui, poor Kenyan
Avic Town the biggest estate in dar is a slum has less than 150 housing units inaitwa town. 😂 😂 😂 Enyewe munakuanga washamba, Edenville Estate is fully occupied yet it's thrice as big than hio empty Avic unatusumbua nayo hapa. Almost ten years later, nyumba bado ziko empty, project ilikufa after phase 1. 😂😂😂Skia, Avic town is far better compared to Konza 🤣🤣🤣
Ngoja nikusaidie mfano wa mwisho; Kuna service mtu anaweza kupata akiwa ndani ya nchi yake using his/ her country's currency na akaishi luxury life sawa na mtu aliyeko Japan (someone rich) getting the same services and the same luxurious life. Iwapo sasa mtu x huyu akitaka kwenda Japan, anaweza jikuta baada ya kufika Japan asiweze kuafford hizo the same services and luxuries huko Japan sababu purchasing power ya currency ya nchi yake ndio ilimuwezesha humo nchini kwake na sio Japan. Coz kule Japan itabidi atumie currency ya Japan baada ya kubadili hela yake kwenda kwenye currency ya JapanKama Purchasing Power ingekuwa measured with how many goods equivalent to the US Dollar can buy in another country, then Purchasing Power of TZS would be way stronger than the EURO, since you can get very few goods in Europe with $10 (9 Euros), while you get a lot in Tanzania with the same $10. In Europe, $10 (9 Euros) isn't even enough for 10 tomatoes, but in TZS, you can buy a whole grocery store with $10. So does this mean TZS has a higher Purchasing Power than the EURO?
Thats's how your colleagues arguements don't make sense. Wanasema since $10 can buy more goods in Tanzania than in Kenya, then the Tanzanian currency has a higher Purchasing Power than the Kenyan shilling.
pity these poor tanganyikansAvic Town the biggest estate in dar is a slum has less than 150 housing units inaitwa town. 😂 😂 😂 Enyewe munakuanga washamba, Edenville Estate is fully occupied yet it's thrice as big than hio empty Avic unatusumbua nayo hapa. Almost ten years later, nyumba bado ziko empty, project ilikufa after phase 1. 😂😂😂
Between Ksh 200 and Tsh 200 which one has a strong purchasing power?Ngoja nikusaidie mfano wa mwisho; Kuna service mtu anaweza kupata akiwa ndani ya nchi yake using his/ her country's currency na akaishi luxury life sawa na mtu aliyeko Japan (someone rich) getting the same services and the same luxurious life. Iwapo sasa mtu x huyu akitaka kwenda Japan, anaweza jikuta baada ya kufika Japan asiweze kuafford hizo the same services and luxuries huko Japan sababu purchasing power ya currency ya nchi yake ndio ilimuwezesha humo nchini kwake na sio Japan. Coz kule Japan itabidi atumie currency ya Japan baada ya kubadili hela yake kwenda kwenye currency ya Japan
Wewe watchman ushaosha sare zako za kazi?More than 90% of Tanzanians have smartphones, don't tolerate foolish, smartphone uses is not an issue nowadays, even people at kibera, Mathare, Babandogo, Makuru kayaba etc can afford it, don't be mad.
What a dumb observation. Can you really compare purchasing power parity between currencies? I will give you example a beer in Tz costs Tsh 1,500 equivalent to Ksh 75 but in Kenya the same beer is sold at Ksh 300. Now tell me which currency has a higher purchasing power?You were comparing Purchasing Power Parity between the Kenyan Shilling and the Tanzanian shilling. The Kenyan shilling is the stronger currency and has a higher purchasing power than the Tanzanian shilling.
You can buy more goods and services with 200 Kenyan shillings than you would with 200 Tanzanian shillings (NB: Not the equivalent of 200 Kenyan shillings). That is what Purchasing Power is. Kenyan currency has a higher Purchasing Power than Tanzanian shilling, end of discussion.
Unawekaje ufananisho wa namna hii??Between Ksh 200 and Tsh 200 which one has a strong purchasing power?
hii kenge ishakula githeri inasikia kizunguzungu.Unawekaje ufananisho wa namna hii??
Which beer are you talking about?What a dumb observation. Can you really compare purchasing power parity between currencies? I will give you example a beer in Tz costs Tsh 1,500 equivalent to Ksh 225 but in Kenya the same beer is sold at Ksh 300. Now tell me which currency has a higher purchasing power?
Purchasing power is measured by amount of goods in a basket that a currency can buy so given the example above we buy beer cheaply because out currency purchasing power is big. Same can be applied to matatu/daladala fares, rent prices and food prices all these things are cheap in Tanzania which signify high purchasing power of TZS.
Huyo jamaa nilishamueleza hawezi kukuelewa.What a dumb observation. Can you really compare purchasing power parity between currencies? I will give you example a beer in Tz costs Tsh 1,500 equivalent to Ksh 225 but in Kenya the same beer is sold at Ksh 300. Now tell me which currency has a higher purchasing power?
Purchasing power is measured by amount of goods in a basket that a currency can buy so given the example above we buy beer cheaply because out currency purchasing power is big. Same can be applied to matatu/daladala fares, rent prices and food prices all these things are cheap in Tanzania which signify high purchasing power of TZS.
We hawa utawaweza???hii kenge ishakula githeri inasikia izunguzungu.
Which beer are you talking about?What a dumb observation. Can you really compare purchasing power parity between currencies? I will give you example a beer in Tz costs Tsh 1,500 equivalent to Ksh 225 but in Kenya the same beer is sold at Ksh 300. Now tell me which currency has a higher purchasing power?
Purchasing power is measured by amount of goods in a basket that a currency can buy so given the example above we buy beer cheaply because out currency purchasing power is big. Same can be applied to matatu/daladala fares, rent prices and food prices all these things are cheap in Tanzania which signify high purchasing power of TZS.
Tsh 10 inaezanunua nini?Purchasing power ni uwezo wa pesa kununua bidhaa kwa wingi au kwa uchache eidhaa kwa kupanda kwa bei au kwa kushuka kwa bei.
UMEJILETA MACHINJIONI MWENYEWE NAKUJUA KIJANA.We have two currencies, TZS and KES (Currency A and B). 1 shilling of currency A equals 20 shillings of currency B, it means that currency A is stronger than currency B.
In this context, currency A has more purchasing power compared to currency B. This means that with 1 shilling of currency A, you can buy more goods or services than you can with 20 shillings of currency B. So, in terms of purchasing power, currency A is stronger and more valuable.
Petrol in Kenya is around Ksh 200. With 200 shillings of TZS cannot buy the same goods that KES can buy. So Kenya shilling has a higher Purchasing power than TZS since you can buy more goods with 200 shillings of KES than 200 shillings of TZS.
If Purchasing Power ingekuwa comparison would have been how many goods in comparison to the dollar can a currency buy, then TZS would have been stronger than the EURO and Pound, since with 10 Dollars (in Euro) you buy way less goods than with the same 10 dollars in TZS.
Simple economics hamfunzwi shuleni?
Wewe mshenzi, mavi wewe. Keti chini nikufunze.
So do you mean the Tanzanian shilling has a higher purchasing power than the the Euro since you can buy things at a cheaper price with the equivalent of the US Dollar in Tanzania than you would with the equivalent in Europe or the USA?
An avocado in the United States costs $4. Whereas in Tanzania somewhere around TZS 500. The equivalent of $4 is TZS 10, 000. You can buy more avocadoes with TZS 10, 000 in Tanzania than you can with $4 in the United States. Does that mean that the Tanzanian shilling has a higher purchasing power than the US Dollar? Rudi shuleni ukafunzwe msenge wewe
WHY DOES CHINA HAVE HIGH PURCHASING POWER THAN USA???We have two currencies, TZS and KES (Currency A and B). 1 shilling of currency A equals 20 shillings of currency B, it means that currency A is stronger than currency B.
In this context, currency A has more purchasing power compared to currency B. This means that with 1 shilling of currency A, you can buy more goods or services than you can with 20 shillings of currency B. So, in terms of purchasing power, currency A is stronger and more valuable.
Petrol in Kenya is around Ksh 200. With 200 shillings of TZS cannot buy the same goods that KES can buy. So Kenya shilling has a higher Purchasing power than TZS since you can buy more goods with 200 shillings of KES than 200 shillings of TZS.
If Purchasing Power ingekuwa comparison would have been how many goods in comparison to the dollar can a currency buy, then TZS would have been stronger than the EURO and Pound, since with 10 Dollars (in Euro) you buy way less goods than with the same 10 dollars in TZS.
Simple economics hamfunzwi shuleni?
WHY CHINA HAS HIGHER PP THAN USA??Tsh 10 inaezanunua nini?