Shrinking Canadian dollar
Wondering how the state of the Canadian dollar will effect other Canadians travel plans. It has made our site rental jump from $3,200 American to a payment of $4,022.60 Canadian. ouch!
Forum Discussion
alfredmay wrote:
J&A,
I can give you some boat info. I have cruised in Europe on river boats and mega cruise ships. On ships non Schengen passengers have their passports taken and kept for the cruise duration by the ship's pursar. American Companies such as Royal Caribbean and Grand Circle charge everything in American dollars while in foreign ports. This includes shore excursions. In Turkey along the coast many shops take any form of major currency. They know the exchange rates and will take Euros, USD and Turkish Lira. They understand that When $3,000 people get off a ship they all cannot convert to the local currency for a one day stay.
Along the Cassiar Highway in BC there are some remote towns that will also take USD. Hyder, AK and Stewart, BC share a border and have only one bank that is in Canada. When I was there CDN was the coin of the realm on both sides of the border.
There are 6 countries that use the USD exclusively......like Ecuador. There are a number of others that use it in conjunction with their own currency, like Belize and Panama. Then their are a few that use it because their own is worthless..... like Zimbabwe.
Some places are absolutely crazy........ like Saint Martin which is an island that is half Dutch and half French. The Dutch side uses the Netherlands Antilles Guilder and the French side uses the Euro....... but both sides use the USD.
Interesting info. I have seen the "cruise ship effect" when a boat load of tourists headed inland towards a mexican cruise port. I would think they are setup for foreign currency a little better than most.
Thanks for sharing.
