1. Circulating
Remittances,
Arbitraging Value
By Smoki Musaraj
Institute for Money, Technology, and Financial
Inclusion
University of California, Irvine

2. Durim’s book of accounts
of deposits to the pyramid scheme, Gjallica.
Photo by Smoki Musaraj, September 2008.

3. The Moneychangers at “Kapelja,” (The
Hat) Vlora, 1996
Photo credits to Peace Corps Volunteer, Robert Nagle

4. Thresholds of Value
Conversion

5. Currency Display, Immigrant Remittance Currencies
Light Shop, Tirana, 2009