Pray for the Dollar

October 23rd, 2009 by Taylor

Living in Africa, moving between a few countries, we deal in a lot of different currencies. Unfortunately for those of us who are American missionaries and expats, since we start with US Dollars for all transactions and currency conversions, we are hit hard by the weakening of the US Dollar. I’m sure everyone living at home in the States feels this as well in a less direct way.

As the dollar weakens, it becomes more expensive to live and work around the world, not just for us in Africa.

On the bright side, our missionaries from other countries are stronger financially because of the weak dollar. However, SIM’s financial system is in Dollars. When someone raises their money and moved to the ‘field’, their funds are held in dollars, and as the dollar weakens, their funds shrink just like ours.

At the end of the day, stability is the key. Whether the dollar goes up or down, we need stability so that our support is stable. No doubt God has provided well for us, via all of you, and He will continue to do so even in the hard times.

We thank you for your continued support!



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