this post was submitted on 18 Jul 2023
553 points (97.9% liked)

Technology

58061 readers
31 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

The time has come for us to make passwords for identifying each other..

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 year ago (1 children)

I did not consider that kind of conversion rate. No, I probably would not.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

India had a purchase power parity compared to the US$ of > 24 in 2022, i.e., while you can exchange only ~400–500 US $ for ₹ 40,000, this amount of money will buy goods within India that would be worth $ 9,600–12,000 within the US. Exchange rates can be pretty misleading.

https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm