# How many other countries use the US dollar as their currency? **URL:** \ **Category:** Factual Questions\ **Created:** [August 2, 2003, 2:30am UTC](https://boards.straightdope.com/t/how-many-other-countries-use-the-us-dollar-as-their-currency/192485 "2003-08-02T02:30:36Z")\ **Posts on this page:** 5\ **Page:** 3
**Author:** ![Andy](https://avatars.discourse-cdn.com/v4/letter/a/aeb1de/32.png) [@Andy](https://boards.straightdope.com/u/Andy)\ **Post date:** [August 5, 2003, 7:09am UTC](https://boards.straightdope.com/t/how-many-other-countries-use-the-us-dollar-as-their-currency/192485/41 "2003-08-05T07:09:17Z")
Please, not the Paul in Saudi/Boyo Jim stupidity again!!! Schnitte: I’m sure the legal stuff you’ve cited suggests the picture is a little more complicated than I’d thought, but the notes are mutually acceptable, whether there’s a legal basis for it or not. Curious situation though:) ---
**Author:** ![Colophon](https://avatars.discourse-cdn.com/v4/letter/c/f05b48/32.png) [@Colophon](https://boards.straightdope.com/u/Colophon)\ **Post date:** [August 5, 2003, 1:15pm UTC](https://boards.straightdope.com/t/how-many-other-countries-use-the-us-dollar-as-their-currency/192485/42 "2003-08-05T13:15:23Z")
> [@](#): > > This makes Scotland a land totally without legally accepted banknotes. Not so. It’s perfectly legal to accept them. “Legal tender” is a much misunderstood concept. ---
**Author:** ![Schnitte](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/schnitte/32/9033_2.png) [@Schnitte](https://boards.straightdope.com/u/Schnitte)\ **Post date:** [August 6, 2003, 7:02am UTC](https://boards.straightdope.com/t/how-many-other-countries-use-the-us-dollar-as-their-currency/192485/43 "2003-08-06T07:02:19Z")
Well, then it makes Scotland a country where people are free to accept whatever currency they would like to accept (you could pay with gummy bears in a store if the store accepts them), but without a currency they are forced to accept. More accurate? ---
**Author:** ![China\_Guy](https://avatars.discourse-cdn.com/v4/letter/c/779978/32.png) [@China\_Guy](https://boards.straightdope.com/u/China_Guy)\ **Post date:** [August 6, 2003, 11:34am UTC](https://boards.straightdope.com/t/how-many-other-countries-use-the-us-dollar-as-their-currency/192485/44 "2003-08-06T11:34:33Z")
There are plenty of countries pegged officially or unofficially to the USD but trade in local currencies. For example, Hong Kong has a currency board system trades Hong Kong dollars at a fixed rate of HKD7.78=1USD. You’ve got other countries like China which has a non convertible currency. However, the Chinese RMB has been pegged to the USD for quite a number of years. rmb8.28=usd1 Neither HK nor China take USD as a standard currency. You can get away with using USD in some places but you’ll get a crappy rate and these would be much the exception rather than the rule. ---
**Author:** ![OxyMoron](https://avatars.discourse-cdn.com/v4/letter/o/e9a140/32.png) [@OxyMoron](https://boards.straightdope.com/u/OxyMoron)\ **Post date:** [August 7, 2003, 2:18am UTC](https://boards.straightdope.com/t/how-many-other-countries-use-the-us-dollar-as-their-currency/192485/45 "2003-08-07T02:18:09Z")
> [@](#): > > \*Originally posted by Andy \* > \*\*What, except for for jklann (4th post) and Boyo Jim (simulpost though). Sorry, just a laugh;) > > Just a point about the Scottish/English notes. they are perfectly interchangeable, and Scottish notes are certainly legal tenfer elsewhere in the UK, but I never accept them, for the simple reason that I se them so rarely, I wouldn’t know a fake from a real one. I think this is the reason some stores won’t take them either, aprticularly the higher denomination notes. > In addition, these countries which use US banknotes (I asume most cannot print their own…now that would lead to chaos), do they effectively get their currency printed for free? \*\* Walking…slowly…backwards…away…from…thread…:smack: [Previous page](https://boards.straightdope.com/t/how-many-other-countries-use-the-us-dollar-as-their-currency/192485.md?page=2)