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the us dollar has always been and will be the worlds most powerful currency and though the euro dollar does give it a challenge in Europe mostly, the rest of the world will always recognize the American dollar first. some countries have now made the us dollar their official currency replacing their own.
i don't think in my lifetime that the us currency will ever be topped and I've got many
a good years left in me according to my doctor.
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∙ 12y ago
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Can US dollars be used in Barbados?
I believe so. I would say that the US Dollar is the most welcome currency in the world. It is even more welcome than many native currencies. Update - Yes, it definitely can be used in Barbados. It is widely accepted and the currency rate is $1 US - $2 BDS
What credit card is widely accepted?
All the major credit cards are widely accepted (Visa, MasterCard, Amex, Discover, etc). They have worldwide acceptance, as far as I know. However, application for a traditional credit card from the major issuers are a little difficult, I think, but you can always go for their debit/secured cards.
What is name of money used in the Bahamas?
In the Bahamas the currency used is the Bahamian Dollar. That being said, US Dollars are widely accepted on the islands. As long as you're in a touristy area like Nassau, Paradise Island and Freeport you'll also be able to make use of credit cards and ATMs.
Is any medium of exchange that is widely accepted in payment for goods and services and in settlement of debts?
it's money
Will banks exchange English currency for American dollars if you do not have a bank account with them?
Yes. This is how most tourists from England who visit USA get their money to spend inside USA because the UK Pound or the Euro are not widely accepted currencies inside USA. The banks would require your passport in order to confirm your identity and then exchange your English currencies into Dollars
Why is it the US dollar widely accepted as world wide currency?
It is the world's reserve currency.
What is the currency of Grenada?
The official currency of Grenada is the East Caribbean Dollar. The US Dollar is widely accepted (although probably not by taxis, small shops, etc) but you should expect your change to be given back in East Caribbean Dollar.
Is a 50 dollar us coin a widely accepted form of currency?
There is no US coin of $50...accept one at your own risk!
What is the currency in the Caribbean?
The U.S. Dollar is accepted nearly everywhere in the Caribbean. If the particular place you are at has a different currency, the merchants will display the exchange rate they will provide in taking your U.S. dollars. Some other currencies, like the British Pound and the Euro, are also widely accepted.
What is the national currency of Trinidad and Tobago?
The official currency of Grenada is the East Caribbean Dollar. The US Dollar is widely accepted (although probably not by taxis, small shops, etc) but you should expect your change to be given back in East Caribbean Dollar.
What is the currency currently used in India?
India uses RUPEES as their currency.
Why do countries have their own currency?
Countries have their own Currency as a lot of them were made to only be used in their country of origin. Currencies like the US Dollar are widely accepted in countries outside the US due to its value over the countries own currency.
Can British currency be used in Grand Cayman?
Yes, you can they are widely accepted.
What kind of money do Antigua and Barbuda spend?
Eastern Caribbean Dollar (EC) is used, although US currency is widely accepted. $1 EC= $2.70 US
What currency is used in The Channel Islands?
The Channel Islands use UK currency but the Euro is widely accepted.
Which are the most widely used currency markets?
The most widely used currency on the planet is the U.S. Dollar. It has global recognition and in some countries is even an official currency beating out the per-existing currency.
How many christians are their worldwide?
There are millions of Christians worldwide. Christianity is one of the most widely accepted religions among many cultures in the world.
