Residents in the Caribbean save in US dollars because it is more stable than their currency. When they save in US dollars, they know that the dollar will be more inclined to hold its value.
because the caribbean is made up of numerous islands and independent countries there is no one currency to use. each country has its own currency with its own exchange rate and rate of inflation. If you're planning to go to one or more caribbean islands i recommend you go to the bank to check the exchange rate for each individual country
USA is richest country
The south pole has no official currency, official language, mayor, school system, or fire department. There are no cities or countries anywhere on the Antarctic continent, and no permanent human residents.
Cuba and the Caribbean has islands not countries x
Trinidad and Tobago is a country in the Caribbean
Grenada is a Caribbean country comprising a main island, also called Grenada, and 6 smaller surrounding islands.The Eastern Caribbean Dollar is the local currency in Grenada.The International currency code is XCD.
Cuba is the perfect example of a Communist/ Socialist country in the Caribbean.
countries in the Caribbean have a distinguishing music style
by caring and sharing love care for each country
The Caribbean is a region, a part of the Atlantic Ocean. In that region there are many islands, some independent and some belonging to larger countries.
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.
To provide an accurate answer, please specify which country you are referring to, as each country has its own currency. For example, the currency of the United States is the dollar, while the currency of the Eurozone countries is the euro.