Quote Originally Posted by Captain Oil View Post
For example, beers on the beach can cost $150 to $400 Jamaican But you only have US dollars? They will charge you $1.50 to $4.00US. Might not seem like much, but with an exchange rate of $115 JA to $1US you just paid $230JA for a $200JA beer. Total those savings and it is a easy 15% - 25% savings just in simple currency management.
Great point. On the opposite side, I found that if smaller restaurants or vendors price things in USD, they will sometimes accept an even conversion to JA currency. For example, if the bill comes to $10 USD, I will ask if they will accept $1000JA. Typically, they will say yes, which works out in my favor. Of course, larger places will pull out a calculator or use a POS system to convert your bill to JA, at their own exchange rate.