Go Back  FlyerTalk Forums > Travel&Dining > TravelBuzz
Reload this Page >

Countries sharing currency union

Community
Wiki Posts
Search

Countries sharing currency union

Thread Tools
 
Search this Thread
 
Old Jul 27, 2016, 8:48 pm
  #16  
Suspended
 
Join Date: Feb 2016
Posts: 157
Iceland was considering the Canadian dollar but not seriously.
Box10 is offline  
Old Jul 27, 2016, 9:27 pm
  #17  
 
Join Date: Dec 2000
Location: Seat 1A
Programs: Non-status paid F/J (best value for $$$)
Posts: 4,124
Originally Posted by Box10
Iceland was considering the Canadian dollar but not seriously.
Although they have their currency (ISK), they (at least the tourism industry) seems to prefer the EUR.

The Blue Lagoon charges customers in EUR when bookings are made online.

Some hotels quote rates in EUR and then at check out convert the amount to ISK.
daniellam is offline  
Old Jul 27, 2016, 9:38 pm
  #18  
Moderator: Manufactured Spending
 
Join Date: Jul 2011
Posts: 6,580
Here's a pretty comprehensive list: https://en.wikipedia.org/wiki/Curren...urrency_unions
cbn42 is offline  
Old Jul 28, 2016, 12:14 am
  #19  
 
Join Date: Oct 2007
Location: Catania, Sicily/South Jersey (PHL)/Houston, Texas/Red Stick/airborne in-between
Programs: United Global Svs, AA PlatPro, WN RR, AZ/ITA Freccia, Hilton Diam, Bonvoy Gold, Hertz Prez, IHG
Posts: 3,541
As several have noted the US dollar is the official currency in El Salvador, Panama, and Ecuador, with both coins and currency circulating. Panama often still calls its currency the Balboa, but only the coin has the official title. As an aside, while in Manta, Ecuador I noticed they had many, many of the newer US dollar coins of the more golden hue in use, and they often turned a nasty black colour.
FlyingHoustonian is offline  
Old Oct 28, 2016, 5:57 am
  #20  
 
Join Date: Aug 2009
Location: YYZ
Programs: UA Silver, Marriott Titan
Posts: 230
Although Lesotho has its own currency the South African Rand is fully acceptable.
jbjelloid is offline  
Old Oct 28, 2016, 6:06 am
  #21  
 
Join Date: Sep 2015
Programs: LH SEN; BA Gold
Posts: 8,405
Belgium and Luxembourg had a currency union from 1921 to 2001. From 1946 onwards 1 BEF = 1 LUF.
WorldLux is offline  
Old Oct 29, 2016, 12:18 am
  #22  
 
Join Date: Mar 2005
Location: The Castro, San Francisco, California
Programs: UA, DL, AA, Aegean Air, Cal Alumni (go Bears!)
Posts: 594
Originally Posted by jbjelloid
I may get some push back on this but US dollars are almost universally accepted in Canada, albeit at an exchange rate ranging from great to awful.
US coins are accepted everywhere at par, (pennies not included.)
Except for some border towns the reverse is seldom true.
Not what the question is.
There is no currency union between the U.S. and Canada.
x1achilles is offline  
Old Oct 29, 2016, 12:23 am
  #23  
 
Join Date: Mar 2005
Location: The Castro, San Francisco, California
Programs: UA, DL, AA, Aegean Air, Cal Alumni (go Bears!)
Posts: 594
Originally Posted by daniellam
Although they have their currency (ISK), they (at least the tourism industry) seems to prefer the EUR.

The Blue Lagoon charges customers in EUR when bookings are made online.

Some hotels quote rates in EUR and then at check out convert the amount to ISK.
You can pay at the Blue Lagoon in Kroner. Paying in Euro is a gimmick they use to maintain a more stable income. They'd likely drop that option like a hot potato if the Euro dropped against the ISK.
There is no currency union in Iceland with the Euro.
x1achilles is offline  
Old Oct 29, 2016, 10:55 am
  #24  
FlyerTalk Evangelist
 
Join Date: Nov 1999
Programs: FB Silver going for Gold
Posts: 21,800
Originally Posted by jahason
Macau dollar is pegged to the Hong Kong dollar.
Pegs are not the same as currency unions but the HKD has been pegged to the USD at around HKD 7.78-7.8 for some 3 decades.

The JOD has been roughly pegged to the USD at ~USD 1.4/JOD

Another peg (to the EUR/FRF) is the French Pacific Franc used in the French pacific possessions.

Back to currency unions, a little-know one is the United Kingdom where you have English Pounds (I'm not using the term British Pounds/GBP because they're issued by the Bank of England) as well as Scottish and Northern Irish ones (never physically seen one of the latter) which have the same identical value. Haven't looked up what Manx and the Channel Islands (boths parts of the U.. but not the EU) use.

Only the the Bank of England-issued bank notes are acceptable outside the U.K. however.
YVR Cockroach is offline  
Old Oct 29, 2016, 12:43 pm
  #25  
FlyerTalk Evangelist
 
Join Date: Jan 2009
Location: London & Sonoma CA
Programs: UA 1K, MM *G for life, BAEC Gold
Posts: 10,224
Originally Posted by YVR Cockroach

Only the the Bank of England-issued bank notes are acceptable outside the U.K. however.
And Scottish notes are not always welcome in England.
lhrsfo is offline  
Old Oct 29, 2016, 2:21 pm
  #26  
Suspended
 
Join Date: Jun 2013
Location: Ontario, Canada
Programs: Aeroplan, IHG, Enterprise, Avios, Nexus
Posts: 8,355
Originally Posted by lhrsfo
And Scottish notes are not always welcome in England.
I've been back and forth between Scotland and England many times and have never found a problem either with Scottish pounds in England or English pounds in Scotland.
Badenoch is offline  
Old Oct 29, 2016, 6:26 pm
  #27  
FlyerTalk Evangelist
 
Join Date: May 1998
Location: Massachusetts, USA; AA Plat, DL GM and Flying Colonel; Bonvoy Platinum
Posts: 24,233
Originally Posted by Badenoch
I've been back and forth between Scotland and England many times and have never found a problem either with Scottish pounds in England or English pounds in Scotland.
I've had problems with Scottish banknotes in small shops and pubs in small English towns, though not in large stores, etc., in London or even a couple of notches down from London in size. "Clydesdale Bank? Wot's that, a horse?" I generally change my Scottish notes for English ones as soon as practical in England, usually the first weekday I'm in London. Bank tellers are never surprised at the request. They find it common and understand the reason.
Efrem is offline  
Old Oct 30, 2016, 6:56 am
  #28  
 
Join Date: Jan 2014
Posts: 416
Originally Posted by jahason

Macau dollar is pegged to the Hong Kong dollar.
Macanese pataca. They don't use dollars.
nmh1204 is offline  
Old Oct 31, 2016, 8:13 am
  #29  
formerly known as Tad's Broiled Steaks
Shangri-La Contributor Badge
 
Join Date: Jun 2004
Posts: 6,412
Originally Posted by nmh1204
Macanese pataca. They don't use dollars.
Hong Kong's currency is also called dollar.

When I visited Zimbabwe in 2011, change was often given in US dollars, South African rand, and candy. Seems it's even more of a mess now.
BuildingMyBento is offline  


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.