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PassPorter is a small business, and for many years it supported our family. But the world changed, print books took a backseat to the Internet, and for a long time now it has been unable to make ends meet. We've had to find new ways to support our family, which means new careers and less and less time available to devote to our first baby, PassPorter.

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If you miss us, you can still find some of us online. Sara started a new blog at DisneyParkPrincess.com -- I strongly urge you to visit and get on her mailing list. She IS the Disney park princess and knows Disney backward and forward. And I am blogging as well at JenniferMaker.com, which is a little craft blog I started a couple of years ago to make ends meet. You can see and hear me in my craft show at https://www.youtube.com/c/jennifermaker . Many PassPorter readers and fans are on Facebook, in groups they formed like the PassPorter Trip Reports and PassPorter Crafting Challenge (if you join, just let them know you read about it in the newsletter). And some of our most devoted community members started a forum of their own at Pixie Dust Lane and all are invited over.

So we encourage you to stay in touch with us and your fellow community members wherever works best for you!

Best wishes for a wonderful and magical new year!

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Old 02-18-2012, 01:35 PM   #1
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Shopping in Cozumel and Grand Cayman

I was wondering if it is recommended to use there currency and not the american dollor?

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Old 02-18-2012, 01:37 PM   #2
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We shopped in Cozumel during my DD's senior trip. We used American currency. We loved not having to pay any sales tax.
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Old 02-18-2012, 02:27 PM   #3
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In general there's no benefit to using local currency for transactions that can be charged. Spend cash, and you have no recourse for a purchase gone bad. With a credit card you have some added protections. And, of course, the less cash you're carrying, the better.

You'll be paying something for currency exchange, whether using a credit card, or exchanging cash. However, on-the-spot currency exchange fees tend to be higher than equivalent credit card fees.

When you charge, you pay the currency fees only for what you spend. When you exchange cash for cash, you tend to have local currency left over at the end, and you must pay a second exchange fee to convert it back to dollars. If you've changed enough dollars to make major purchases, you'll probably have more cash to exchange back to dollars than if you only exchanged enough to buy small stuff from street vendors.

The US dollar is still the favored currency around the world, so, if anything, you'll get a better deal using dollars than local currency, especially on Caribbean islands. Islanders often make major purchases from U.S. sources, whether wholesale merchandise or home furnishings, so having dollars in the bank saves them currency exchange fees, too.

While it's always possible to get a bad deal when the dollar price is marked on the goods (a high "exchange rate"), it can also go the other way. On the French side of St. Martin, (it's Sint Maarten on the Dutch side), where the Euro is the "local" currency, I've seen shops offering to accept dollars for Euro-marked goods on a one-for-one basis. Considering one Euro is usually worth substantially more than one dollar, that's quite a deal.

Whether you exchange some cash for local currency or not, be sure to have small denominations available for tips and street vendor purchases. You can almost be certain that they'll claim they can't make change.
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