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When getting ready to embark on my trip to Tahiti last year, I wanted to order some foreign currency ahead of time to have on hand.  Typically, my local bank could accommodate that request, except this time, I did it too late for them to order French Pacific Francs (the official currency of the Tahitian islands).  So upon arrival, we ended up heading to an ATM machine to convert some money or we did it at the hotels, knowing that we weren’t getting the best exchange rate.

Most of My Vacation Lady‘s clients won’t convert currency if they are going to the Caribbean or Mexico since most of the shops and restaurants will take US $.  One of our clients actually said that some of the restaurants in St Martin preferred U.S. $ to the Euro.  We didn’t bother when we went to Mexico a couple of months ago.  While the charges to the hotels were converted into pesos, the bell hops and drivers that we tipped were very happy to accept dollars.

But did you know that there are a good number of foreign vacation destinations that use the US $ as their official form of currency?

Obviously, Puerto Rico and the U.S. Virgin islands use the US $ as their currency, as do all other U.S. territories (American Samoa, Guam, the Marshall Islands, the Northern Mariana Islands, Johnston Island, Midway Islands, and Wake Island, among some other lesser known territories).

So which other destinations use US $ as their official currency?

  • Bonaire
  • The British Virgin Islands
  • Ecuador
  • El Salvador
  • Panama (although the also have the Panamanian Balboa as their other official currency)
  • Turks and Caicos

While they don’t use the U.S. $ as their official currency, these nations have fixed exchange rates with the U.S. $:

  • the Bahamas- their currency is set at 1:1 against the U.S. $
  • the Belizean dollar is set at 1 US $ to 2 Belizean dollar
  • Bermuda (set at 1:1)
  • Barbados (set at 1 US to 2 Barbadian Dollars)

U.S. $ are widely accepted in:

  • Vietnam
  • Nicaragua
  • Cambodia
  • Mexico
  • Canada
  • most Caribbean islands

Read the full article here

Before My Vacation Lady’s clients are ready to set off on their vacations or honeymoons, we provide them with lots of travel tips, including some guidance on converting currency.  We use the personal approach to vacation and honeymoon planning.