Thursday, 18 December 2008 12:30 PM

Worth of $100 in the Solomons

Just how much $100 is worth to Solomon Islanders is a question many ask, as price tags in shops continue to increase rapidly.

Flashing a hundred dollar note usually brings gleam to the eyes but for most locals, $100 has no value these days.

Solomon Times made a round on people from all walks of life who all shared the similar view that a hundred dollar bill is "just nothing".

"We can only get a few goods out of $100, so to me, the bill's worth is like having $10," a cab driver, Wilson Sae, told Solomon Times.

He said as a father to a young five year old, "I have to explain to my son that things are getting very expensive and I ask for him to understand and be content with life."

Mr. Sae said that for those with the bad habits of smoking and chewing betel nuts, a hundred dollar note is like a "bus-fare that slips through the fingers".

For a female worker, Selina Mae, 28, said that $100 "comes and goes" within a few minutes.

"Even little things like chewing gum have increased from 50c to $1.50, so you can imagine the cost of bigger things in shops," she said.

Most working people Solomon Times approached, agreed that $100 may have so much worth in other countries but for the locals, the worth is very low.

"Nowadays, the worth of cash at hand doubles in zeros to match with the ridiculous pricing in our shops, so to me, having one hundred dollars is only enough for a day," a mother of four, Jane Laela, said.

Youths approached echoed agreement to the worth of $100, stating that "to have a good time" requires several $100 notes in the pocket.

Students who are in the country for their Christmas break states that holding onto $100 in other countries can last a week or two at the most.

The scenario for the Solomon Islands changes as according to them, the $100 note seems to "disappear within a day." This goes to show how very expensive life is becoming here in Honiara.

Whatever the worth across the board, the general public's voicing frustrations and question why responsible authorities are not doing anything about the price of basic goods in the country.