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Foreign exchange

Check out countries that don't accept American currency

Most countries have their own currency and in those countries, American currency is not accepted by merchants, etc. except in tourist areas catering to Americans. The following countries use American currency rather than issuing their own and American currency would be accepted everywhere:

Ecuador, Republic of El Salvador, Republic of Zimbabwe, British Virgin Islands, Democratic Republic of Timor-Leste, Commonwealth of the Northern Mariana Islands, Federated States of Micronesia, Republic of Palau

Panama and The Bahamas both accept US dollars as an official currency in addition to their own currencies.

(if you google for this list, you’ll also see Puerto Rico, Guam, US Virgin Islands and American Samoa in the list. I removed them because those are all territories of the United States and use American currency because they are part of the United States)

When traveling, expect to convert at least some cash into the local currency. Depending on the area you are going to your ATM card may or may not work (research this in advance, it is very aggravating to assume you can withdraw money and then discover you can’t). Credit cards work in most touristy areas. You’ll be charged in the local currency and the credit card company will convert to dollars and add a conversion fee. If you’re going off the beaten path, be sure to bring cash and convert it before you head out. Airports usually have a currency exchange, you may get a better deal elsewhere, do your research.

Content created and supplied by: Tech_Savvy (via Opera News )

American American Samoa Ecuador The Bahamas US Virgin Islands


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