Currency Conundrum: When What Matters Most Isn't What You're Valuing
The Iranian rial has plummeted to an all-time low of 2.02 million-to-one U.S. dollar exchange rate on the open market, a result of increased economic pressure from the United States.
This phenomenon got Shmuel Shayowitz thinking about the broader conversation surrounding currency and its value in various aspects of life.
Shayowitz notes that people tend to think of currency as traditional monetary units like dollars or euros, but it can also refer to non-monetary currencies such as initiative, results, trust, attention, appreciation, patience, or showing up in relationships.
In a relationship, both parties may feel they are investing time and effort, but if their currencies do not align, they may not feel valued. Shayowitz emphasizes the importance of understanding what matters to the other person and communicating this effectively.