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In some countries, such as Costa Rica and Honduras, the U.S. dollar is commonly accepted, although not officially regarded as legal tender. In Mexico's northern border area and major tourist zones, it is accepted as if it were a second legal currency.
crawling peg to USD Nicaragua: Nicaraguan córdoba: NIO: Central Bank of Nicaragua: crawling peg to USD Costa Rica: Costa Rican colón: CRC: Central Bank of Costa Rica: float Panama: US dollar / Panamanian balboa: USD / PAB: Federal Reserve Bank / National Bank of Panama: 1.00 PAB = 1.00 USD Colombia: Colombian peso: COP: Banco de la República ...
The U.S. dollar is officially accepted alongside local currencies in El Salvador (since 2001), Costa Rica, Nicaragua, Peru, Honduras, Panama, Bermuda and Barbados, and in practice two of these countries (El Salvador and Panama) are fully dollarized.
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
However, semi-dollarization also exists in a few other countries where the U.S. dollar is recognised as legal tender alongside another currency, and unofficial dollarization exists in many areas where the U.S. dollar is widely used and accepted-although it is not recognised as legal tender. [6]
Canada (a modest amount of United States coinage circulates alongside the Canadian dollar and is accepted at par by most retailers, banks and coin redemption machines) Congo-Kinshasa (many institutions accept both the Congolese franc and U.S. dollars) Costa Rica (uses alongside the Costa Rican colón)
Central American Republic real – Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua; Colombian real – Colombia; Ecuadorian real – Ecuador; Gibraltar real – Gibraltar; Honduran real – Honduras; Mexican real – Mexico; Mozambican real – Mozambique; Paraguayan real – Paraguay; Peruvian real – Peru; Philippine real ...
Costa Rica–Mexico Free Trade Agreement EFTA –Mexico Free Trade Agreement (Iceland, Liechtenstein, Norway, Switzerland) European Union –Mexico Economic Partnership