I live in the states and I went to Israel for seminary. While I was there I borrowed money from a friend in shekel and I don't know what the exchange rate was then. I am back in America and I didnt pay her back yet. How do i know what to pay her?(shekel, dollars, which exchange rate...)
Answer:
Since the loan was in shekels, you can either pay back the same amount of shekels today, or dollars at the exchange rate of the day that you repay the loan.