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submitted 8 months ago by JimVanDeventer@lemmy.world to c/til@lemmy.world
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[-] Wahots@pawb.social 13 points 8 months ago

There's a few countries that use US currency as the premium currency. Its very bizarre to be halfway around the world and see US dollars, but its a strong and reliable currency in countries where the local currency is too volitile to use.

[-] dutchkimble@lemy.lol 2 points 8 months ago

Yeah, like Cambodia. The ATMs near my hotel spat out dollars, but deep in the city it was local currency. Everyone accepted dollars but they did charge a bit higher if you were a dollar spender if you calculated the local currency conversion on that. From my country it was easier to get dollars too before I flew out, vs Riels which were harder to find and had a pretty bad exchange rate.

this post was submitted on 10 Mar 2024
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