Your guide to countries that accept the U.S. dollar
Can you imagine what it’s like to travel without worrying about exchange rates? Luckily, there are several places around the world where you don’t have to convert your money at all. Now, you can spend more time relaxing on the beach instead of wondering how much that margarita really costs in your country’s currency. Find out why you should start traveling to countries that accept the American dollar.
All about the Benjamins
Here’s the deal: when it comes to countries that use the U.S. dollar, there are actually more of them than you’d think. In fact, you can completely skip the money conversion booth at the airport when you visit popular holiday destinations like Greece. Even though euros are the official currency of Greece, the ancient nation accepts both American money and Euros at its hotels and shops. You can use the U.S. dollar when you visit any of the thousands of islands near Greece’s mainland too.
If you’re traveling to South America, you have to stop by Ecuador. That’s because the country took on several world currencies over the years before it settled on the U.S. dollar. In order to find a stable form of legal tender, Ecuador has accepted American money for almost two decades. Eventually, the country even fazed out its own currency, the sucre, in its transition to fully adopting the U.S. dollar. Now, the nation only produces centavo coins for its natives.
Planning to visit the British Virgin Islands anytime soon? If so, then you’d probably be shocked to find out that the Caribbean nation only accepts American money. Comprised of four major islets and countless others, the British Virgin Islands are the property of England. However, the British pound is not the official form of money that the island uses to conduct day-to-day business. Instead, the people of the British Virgin Islands prefer U.S. dollars.
Want to know the best part? Not only do countries like Cambodia accept American money, but they also distribute it throughout their ATM systems. Believe it or not, historical sites like Angkor Wat accept the U.S. dollar. Surprisingly, the American dollar is literally the nation’s second-most popular form of currency besides its national riel!
For those of you who are looking for the best U.S. dollar exchange, just visit Panama. The proof? Panama’s currency, the Balboa, has the exact same dollar value as American money. Located between Central America and South America, Panama has been a fan of the American dollar since 1904. Why? Because this was the year that the nation was freed from its Colombian colonizers. Also, the U.S. had just been approved to construct the Panama Canal at that time. Makes sense to us!
It gets better: travelers to the Bahamas don’t have to worry about exchange rates either. That’s because of the island’s widespread use of the U.S. dollar. Although the Bahamas have its own type of cash, the Bahamian dollar, its nation of 700 islands also accept American money. This is most likely due to the massive amount of U.S. cruise lines that visit the Bahamas on an annual basis.
Searching for a more exotic country that accepts the U.S. dollar? Try visiting the East African country of Ethiopia. Despite the fact that they have their own currency, the Ethiopian Birr, they will happily accept your American cash. Plus, using the U.S. dollar in Ethiopian hotels, companies, and store is a breeze too.
What’s the real story about using American money in Zimbabwe? As of 2009, this South African country utilized several types of currency, including the U.S. dollar, the Chinese yuan, the South African rand, and the euro. Unfortunately, Zimbabwe’s greenbacks ran dry in 2016. That’s when the nation started to produced another form of currency based off of American money. Nowadays, both are an acceptable medium of exchange.
Money, money, money
In an ironic twist of fate, El Salvador is the only country that welcomes the U.S. dollar in spite of the fact that it’s also included on the U.S. State Department advisory list. However, El Salvador still embraces American tourism. From ancient Mayan ruins to gigantic volcano craters, you won’t have to waste any time standing at exchange booths in this exciting country.
Ever wonder if Palau accepts American money? Now, you don’t have to. As a nation of more than 500 tropical isles, Palau lies within the Micronesia area of the Pacific Ocean. Amazingly, Palau has extremely close ties to the United States too. As a result, the country is 100% dependent on the U.S. dollar.
If you enjoy lush holiday destinations, then you have to visit Turks and Caicos. Comprised of 40 different islands, Turks and Caicos is technically a British territory. Nonetheless, they don’t accept British pounds there. In reality, the U.S. dollar may be the only type of currency that’s even accepted in Turks and Caicos.
Last but not least, there’s the nation of Belize. As a part of Central America, Belize is surrounded by the Carribean Sea on one side of the country and thick rainforests on the other. While Belize prints its own money called the Belize dollar, you’d be hard-pressed to find a place that doesn’t take American money. As a matter of fact, most companies in Belize will gladly receive the U.S. dollar.