Like the ship, money toughness will be tested at least by two things. First is its resilience in the face of time and the second is in the field facing a storm that had passed.
In terms of face time, I've written many articles and papers, among others, entitled "Proof of Purchase Power Stability Dinar ...," and the title "Learning from the Rupiah, Dollar and Gold in Four Decade."
I turn now to discuss how the toughness of our money in the face of Storm. For this I take as an example the case of extremely relevant today is the financial storm that has engulfed the world.
Because this storm originated from the financial crisis in the country Uncle Sam who then rocked various parts of the world, the benchmarks that we use to test the resilience of their money is also money that is U.S. $.
We know in fact that the value of U.S. $ which is now also not real, but because his evidence is now more valuable to U.S. $ U.S. $ then we use this to test the strength of two of our money amount and Dinar.
Data for this test I got from two sources which is the price of gold in the three months September-November 2008 which I got from www.kitco.com and data exchange rate of U.S. $ to Rupiah in the same period I got from the Pacific Exchange Services. Put simply the result can be seen in the graph above.
In the chart above it is assumed that you have the money Rp 2 million at the beginning of the crisis 3 months ago (09/01/2009); Rp 1 million, you hold in Rupiah and Rp 1 million more you exchange into dinars at the time to get Dinar 0.9784 .Had exchanged into U.S. $ at that time both will get the same U.S. $ is U.S. $ 108.40.
Now, three months passed, the waves of the financial world has not ended. However, if the amount of money you one million U.S. dollars exchanged into U.S. $, currently only be obtained U.S. $ 83.25, while the money Dinar Dinar 0.9784 when you switch to the current U.S. $ U.S. $ 110.57.
This means that when viewed from the eyes of U.S. $, for three months in the storm, the rupiah lost 23% while the dinar value does not lose value at all even still experiencing capital appreciation of 2%.
We do not know when the financial storm in the end and also do not know whether this storm will be big in the future, but back in like the above - then I will vote on a ship that has been proven toughness in the past a very long time, and also robust against the various storms that have traversed in the journey. Allaah knows best.
In terms of face time, I've written many articles and papers, among others, entitled "Proof of Purchase Power Stability Dinar ...," and the title "Learning from the Rupiah, Dollar and Gold in Four Decade."
I turn now to discuss how the toughness of our money in the face of Storm. For this I take as an example the case of extremely relevant today is the financial storm that has engulfed the world.
Because this storm originated from the financial crisis in the country Uncle Sam who then rocked various parts of the world, the benchmarks that we use to test the resilience of their money is also money that is U.S. $.
We know in fact that the value of U.S. $ which is now also not real, but because his evidence is now more valuable to U.S. $ U.S. $ then we use this to test the strength of two of our money amount and Dinar.
Data for this test I got from two sources which is the price of gold in the three months September-November 2008 which I got from www.kitco.com and data exchange rate of U.S. $ to Rupiah in the same period I got from the Pacific Exchange Services. Put simply the result can be seen in the graph above.
In the chart above it is assumed that you have the money Rp 2 million at the beginning of the crisis 3 months ago (09/01/2009); Rp 1 million, you hold in Rupiah and Rp 1 million more you exchange into dinars at the time to get Dinar 0.9784 .Had exchanged into U.S. $ at that time both will get the same U.S. $ is U.S. $ 108.40.
Now, three months passed, the waves of the financial world has not ended. However, if the amount of money you one million U.S. dollars exchanged into U.S. $, currently only be obtained U.S. $ 83.25, while the money Dinar Dinar 0.9784 when you switch to the current U.S. $ U.S. $ 110.57.
This means that when viewed from the eyes of U.S. $, for three months in the storm, the rupiah lost 23% while the dinar value does not lose value at all even still experiencing capital appreciation of 2%.
We do not know when the financial storm in the end and also do not know whether this storm will be big in the future, but back in like the above - then I will vote on a ship that has been proven toughness in the past a very long time, and also robust against the various storms that have traversed in the journey. Allaah knows best.
