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Which countries accept Euros outside of the EuroZone?
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John_from_Eurapart
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PostPosted: Thu Nov 11, 2004 10:32 pm    Post subject: Which countries accept Euros outside of the EuroZone? Reply with quote

On my recent trip to Istanbul I was caught out by not taking lots of Euros with me as most places priced in Euros and preferred them to Turkish Liras. Prague was similar.

How many other countries prefer Euros to their own currency?

John


PS They also liked $ and £ but did not display prices in them.
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PostPosted: Sat Nov 13, 2004 12:02 pm    Post subject: Reply with quote

as the euro is a stable currency at the moment, I have had quite some requests in Asia to pay in euros instead of local currency. Don't forget that the USD is still number one currency there, but if they have the choice, they choose euro. Personnaly I think this is very strange because the dollar is around for so many years, and the euro is till new...In Madagascar they had to surf the web before they accepted my 200euro bills hahaha. (it was a very small place, I admit)
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PostPosted: Sat Nov 13, 2004 2:02 pm    Post subject: Reply with quote

Never thought of any other countries taking the Euro since I've not yet found anyone who even likes the thing (except holiday makers), but I'd guess it's maybe exchange rates that determine which one they prefer? Either that or half the world dislikes America might have a little to do with it... Wink

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John_from_Eurapart
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PostPosted: Sun Nov 14, 2004 12:49 am    Post subject: Reply with quote

Trev said:

Quote:
Never thought of any other countries taking the Euro since I've not yet found anyone who even likes the thing


Well you have now - I think its wonderful. Smile Anyone who disagrees is welcome to keep changing their money at the bank until its all gone.Crying or Very sad

Can anyone out there answer this question? They can be used in the UK, it was well covered in a previous thread. Other countries please and some idea of the range of services they can be used for.

John
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PostPosted: Sun Nov 14, 2004 8:45 pm    Post subject: Reply with quote

When travelling overseas, I'd never think of offering to pay for services in anything other than the local currency. Maybe its because I've seen obnoxious travellers ask merchants why they won't take "perfectly good American dollars." Shudder.

If however, a merchant offers to sell in $$ then I may be game, otherwise its local currency. I don't even carry many $US when I travel overseas.
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PostPosted: Sun Nov 14, 2004 9:57 pm    Post subject: Reply with quote

Red,

That was the situation in Turkey. The merchants all wanted to trade in Euros.

John
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PostPosted: Sun Nov 14, 2004 10:52 pm    Post subject: Reply with quote

John: I carry even fewer of those. Wink
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PostPosted: Mon Nov 15, 2004 8:34 am    Post subject: Reply with quote

Trev, what makes you think that nobody likes the Euro?
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PostPosted: Mon Nov 15, 2004 1:57 pm    Post subject: Reply with quote

What is there to dislike, it is just a type of currency. I think in the UK there is a strange fear of losing the £. Not sure why.

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PostPosted: Mon Nov 15, 2004 3:06 pm    Post subject: Reply with quote

When the euro was first introduced, I took half euro half dollars with me on my trip to Asia and yep, at the bank in Dalat Vietnam, everybody wanted to see the notes but nobody wanted to change it ! hahaha Laughing

So I think there was reluctancy towards the new euro but dislike ? Can you give an example ?
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PostPosted: Mon Nov 15, 2004 5:33 pm    Post subject: Reply with quote

Quote:
If however, a merchant offers to sell in $$ then I may be game, otherwise its local currency.


This can be dangerous unless you are careful to check the current exchange rate. When I was in Italy, they were still using the lire. Many places had prices listed in both lire and US dollars. The exchange rate was about 2262 lire to the dollar. However, if you looked closely at the prices, you would see that they were listed at a rate of 2000 lire to the dollar. This was easier to calculate than 2262 lire to the dollar. But if an item was listed as 200,000 lire or $100.00, if you paid the $100.00, you paid $11.58 too much. At the correct conversion rate of 2262 lire to the dollar, it should have cost about $88.42.
Now, doing this one time is not big deal, but if you keep doing this all the time, your vacation will be much more expensive than it should be.
I always got money from ATMs and then paid in lire. The conversion rate when you use ATMs will be whatever the current bank conversion rate is at the time your transaction is made.
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PostPosted: Mon Nov 15, 2004 5:38 pm    Post subject: Reply with quote

What I found in Istanbul was that tours etc were priced in Euros and if you wanted to pay in Turkish Lira they converted the price back at a poor exchange rate!
I suppose it is because with inflation they would have to re price too often in local currency while the Euro prices remained stable. In Is Istanbul a one off? What about Riga? Please let me know before I go.

John
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PostPosted: Mon Nov 15, 2004 6:16 pm    Post subject: Reply with quote

You won't believe it, but I had to cancel the whole thing....The first time in my life I have to stay home...

Try this email for information diga@latnet.lv I got it form the internet while searching for tips and tricks for Riga. She is latvian, he is kiwi. She was very friendly and was already helping me with my travel itinerary : My plan was to stay 2 weeks : Riga and Talinn and then a national parc. There is not much to do there but I did not care : I wanted to see the countryside and meet the people, would be my first time in a Baltic state.

So have a good time !

Peter
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PostPosted: Mon Nov 15, 2004 8:39 pm    Post subject: Reply with quote

Quote:
They can be used in the UK

They can but, like the example of dollars and Italian lire, you then pay a premium. The UK is like anywhere else, the local currency is cheapest, especially if you can get it from an ATM with no loading on the inter-bank rate.

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PostPosted: Tue Nov 16, 2004 7:53 pm    Post subject: Reply with quote

Although it's illegal, there are places in Russia that prefer you to pay in US dollars. The two examples I met were my landlady, who charged me in dollars and expected to receive rent in dollars, and the school I taught English at, who paid me in dollars, having lied on the documentation and got me to sign to say I'd been paid the rouble equivalent. You couldn't buy much with dollars though - the places that priced in them expected you to pay the rouble equivalent.

Most ATMs gave only roubles, but there were plenty that offered the choice of euros or dollars instead.

Eurapart wrote:
What about Riga? Please let me know before I go.

I don't remember any possibility of paying in euros when I was in there in July '03, though it might be different now that Latvia is in the EU. Everything I saw was priced in Lats, which were very conveniently worth only a little bit more than pounds sterling. Just about the simplest currency conversions I've ever had to work out! Also one of the most boring currencies I've ever seen. I can't remember the notes' values any more, but I clearly remember one of them had A Tree on it and another A Cow. Or that might have been the 1 or 2 lat coin... Rolling Eyes

1 Lat = 100 santimas (sounds like the French centime)
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