don't be mistaken: the expensive currency doesn't mean you would earn more money

Don't be mistaken, the expensive currency in a particular nation doesn't always mean that a citizen has a higher annual income.

"Yen" the currency of Japan, although Japan currency is far more inexpensive against the US Dollar, an annual income of an average Japanese is veritable more than an annual income of an average Malaysian. So, what does the problem?

And how about Taiwan - TWD? South Korean Won? Hong Kong Dollar? all these currencies share a common characteristic - they all are inexpensive currencies than MYR.

Recently,  the currencies rates between the SGD and the MYR have been become a hot topic in Malaysia.

Many Malaysians discuss about the rate of SGD. Some netizens feel confidence and some netizens feel frustration and uncomfortable.

Some people say the SGD is more valuable than the MYR. On the other hand, some people say they want to resign their jobs and move to Singapore for a decent job.

Obviously, not all Malaysians know that the truth story behind working in Singapore. For Malaysian who works in Singapore is hardly earned more than $S2000 unless you're Singaporean, you are special, or graduated in Singapore U or graduated overseas. Singaporean who is very care about the personal identity. On the other hand, the standard of living in Singapore is not cheap so.

I just went to Singapore not more than 3 weeks ago, i noticed that their stuffs are not considered the cheapest one ,especially like the beverages, oil price, fruits, foods, parking tax, the brands or the fast foods. You could able to find a very nice garment in Malaysia too but the brands are limited in Malaysia. So, as a Malaysian, nothing to brag about Singapore too much.

Moreover, if you work there without the aiding of relatives or partners like housing lease, it's nothing much different you work in Malaysia.

Maybe work in Singapore you're proud to be a Chinese or gain some "Chinese" identity, but you still be looked down by Singaporean.

Indeed, if compare to Malaysia's politics, Singapore is the place that you can be considered to dwell or migrate.

When the public discussion heat up, i realize that most of the people think that an expensive currency is always paralleled to a high annual income nation.

The answers is no, for example, the Canada Dollar, the British Pound Sterling, Australia Dollar and Euro, these currencies are all expensive than USD now, however, the annual income of the United States's citizens are earned more than the UK, Australia, Euro and Canada.

So, don't be mistaken - the highest-valued currency always means the highest annual income of the nation. Actually, there are not really related and paralleled between the expensive currency and the high annual income. Somehow, the highest-value currency means better standard of living, but not all countries can be applied in such an explanation. Overall, there's still an exceptional case.

Note: the inexpensive currency also doesn't mean that the country will be facing bankruptcy soon. it just means the valued of that currency have been depreciated.