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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 ...
Colombia $ Centavo [40] [41] Costa Rican colón Costa Rica ₡ Céntimo [42] [43] Cuban peso Cuba: CUC$ Centavo [44] Danish krone Greenland kr Øre [45] Dominican peso Dominican Republic: RD$ Centavo [46] [47] East Caribbean dollar Antigua and Barbuda $ Cent [48] Dominica [48] Grenada [49] Montserrat (United Kingdom) [48] Saint Vincent and the ...
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database.
Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. [1]Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe.
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The Bank of the Republic (Spanish: Banco de la República) is the central bank of Colombia. It was initially established under the regeneration era in 1880. Its main modern functions, under the new Colombian constitution were detailed by Congress according to Ley 31 de 1992. One of them is the issuance of the Colombian currency, the peso.
The media reported Colombia's 'Cuba-nisation' in Washington as United States policy makers constantly called for the isolation of Colombian president Samper. Colombia was officially branded as a 'threat to democracy' and to the United States. [96] Until mid-2004, the U.S. Embassy in Bogota was the largest U.S. embassy in the world. [97]