Thursday, September 24, 2009

Price Comparison: Price of a Pineapple in Asia

Travelers and expatriates in many parts of Asia will find a whole array of fruits, both familiar and exotic to choose from but depending upon where you are in Asia, prices and availability will vary greatly (especially if you are in north rather than south Asia). Hence, the Asian Wall Street Journal’s weekly Arbitrage column has recently conducted a survey of prices for pineapples in Asia and around the world and found, to no one’s surprise, that the price of a pineapple is highest in Tokyo at equivalent of US$5.88. On the other hand, the price of pineapples in the Southeast Asian cities of Kuala Lumpur and Jakarta proved to be the lowest on the list for Asian cities.

Price Comparison*

Tokyo535 YenUS$5.88
Shanghai39 YuanUS$6.69
Seoul6,000 WonUS$4.92
SingaporeS$4.49US$3.16
Hong KongHK$23US$2.97
Bangkok48 BahtUS$1.41
Manila56 PesosUS$1.14
Kuala Lumpur2.60 RinggitUS$0.74
Jakarta6.317 RupiahUS$0.63

* Prices are based upon foreign exchange rates as of September 15, 2009.

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