Tuesday, June 24, 2008

Exchange Rates

Hopefully, everyone got the forward of the email from the Trust Fund, officially approving Okweyo. I went rummaging through the budget today, updating this and that, and re-evaluating our situation.
 
On April 25th, a Euro bought you 2,637 Ugandan shillings, and 40,000 of them bought us 105 million of them. 
 
Today, a Euro buys us 2,519 shillings, and our budget has shrunk to UGX 100 million. Fluctuating currencies robbed us of:  annual school fees for 15 kids, or two motorbikes, or money to facilitate 2.5 healing seminars.
 
...Probably we'll cut something less important.

1 comment:

Brent Hamilton said...

will you be doing any more work this year in Uganda? I will be going to Uganda myself for two months in the summer of 2010.. i'm so excited for it!