So that you can be praying for us and our teammates who are also affected, we wanted to make you aware of a challenge common in overseas ministry, but particularly difficult right now: exchange rates. As you know, we are funded by you, our donors, in US Dollars. Most of our living expenses are in South African Rand, so we must convert our support into Rand each month. When the USD is strong, this works greatly in our favor: it “buys” more Rand. However, the USD is not strong, in fact it has been consistently falling for several months. Since the 1st of the year, the USD has weakened against the Rand by 8%. The practical outworking of these global market forces is that our support has been reduced by 8%. This is a reality that we expect to occur periodically, though the sharpness of this decline is troubling. Please be in prayer for us and our team as we all experience what could be an extended period of tightness.
Isn’t it encouraging that regardless of what is going on in the world, who the Presidents of the United States and South Africa are or are not, what weather patterns are affecting certain regions, or why economic trends fluctuate, there is still on the throne of history, the “King of the ages, immortal, invisible, the only God”? And He is still working His plan, saving people from every culture, race, and language, people just like Priscilla. To Him alone “be honor and glory forever and ever. Amen!” (1 Timothy 1:17)
Soli Deo Gloria!