Short of currency, Gazans turn to bartering - Israel News, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
Currency & Copper

Spare change - Gaza style (Photo: Khaled Ashker, Gisha)
Spare change - Gaza style (Photo: Khaled Ashker, Gisha) 
 
Gum for change Photo: Khaled Ashker, Gisha
Gum for change Photo: Khaled Ashker, Gisha
 
Half-shekel replacements (Photo: Khaled Ashker, Gisha)
Half-shekel replacements (Photo: Khaled Ashker, Gisha) 
 
 

Short of currency, Gazans turn to bartering

Import-ban on copper leads Palestinians in Gaza to smelt Israeli currency into electrical wiring, causing half-shekel coin shortage.

Elior Levy
Published: 02.20.14, 14:40 / Israel News

Gazans have been running low on Israeli coin currency for a while, partly due to an Israeli-imposed ban on copper imports. The creative solution engineered by Gazans was to melt down change to create copper wire. But no one could have expected the result – half-shekel and 10 agorot coins have become a rare commodity.

 

 

The coins' absence did not impact the day-to-day life of the average Gazan, as most prices were in full shekels. However, gas prices rose last month, after the tunnels used to bring fuel in from Egypt were sealed off, and as a result the price of public transport also went up.

 

Abed, a resident of Gaza City, tells Ynet that taxi and bus drivers had been forced to raise prices by half a shekel, but no one had the half-shekel coin to give change to their passengers. So, he says, the drivers improvised. They began to carry small items to make up the change - chewing gum, candles, pens, cookies and candies. The passengers pay the driver in full shekels, and get half a shekel's worth of products in change.

 

Spare change - Gaza style (Photo: Khaled Ashker, Gisha)
Spare change - Gaza style (Photo: Khaled Ashker, Gisha)

Half-shekel replacements (Photo: Khaled Ashker, Gisha)
Half-shekel replacements (Photo: Khaled Ashker, Gisha)

 

Abed noted that the locals have become accustomed to the unusual arrangement. Nowadays, nearly every taxi in the Strip is equipped with an assortment of low-cost items to make up for the missing change.

 

Another creative solution pioneered by the change-less cabbies – changing the fare price depending on the direction. Abed explained the new system: "The ride from Gaza City to Deir al-Balah costs, for example, four and a half shekels, but the drivers only charge four for this direction. The return ride cost rises to five shekels, and that way the passengers four and a half shekels each way."

 

According to Abed, the passengers in the Strip have become used to frequent improvisations and are treating the latest change nonchalantly. "Gaza residents have much bigger problems than a shortage of half-shekel coins, and so they don't really care that cabs have become a sort of kiosk."

 

commentcomment   PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us



 
13 Talkbacks for this article    See all talkbacks
Please wait for the talkbacks to load

 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions

 
פיקוד העורף התרעה במרחב:
    רשימת יישובים במרחב