{"id":1250,"date":"2023-05-19T02:39:02","date_gmt":"2023-05-19T02:39:02","guid":{"rendered":"https:\/\/xchangeofamerica.com\/blog\/?p=1250"},"modified":"2024-08-24T07:46:13","modified_gmt":"2024-08-24T07:46:13","slug":"support-local-pay-in-foreign-currency","status":"publish","type":"post","link":"https:\/\/xchangeofamerica.com\/blog\/support-local-pay-in-foreign-currency\/","title":{"rendered":"Use Foreign Currency To Support Local Economies When Traveling Abroad"},"content":{"rendered":"<div id=\"attachment_1259\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-1.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1259\" src=\"https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-300x200.jpg\" alt=\"Silver and turquoise Mexican jewelry\" width=\"300\" height=\"200\" class=\"size-medium wp-image-1259\" srcset=\"https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-300x200.jpg 300w, https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-1024x683.jpg 1024w, https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-768x512.jpg 768w, https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-1536x1024.jpg 1536w, https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-2048x1366.jpg 2048w, https:\/\/xchangeofamerica.com\/blog\/wp-content\/uploads\/2023\/05\/AdobeStock_284454333-2-1-624x416.jpg 624w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1259\" class=\"wp-caption-text\">Foreign currency is king with local vendors!<\/p><\/div>\n<h2><em>When American tourists travel abroad, they can &#8220;support local&#8221; by paying in their destination&#8217;s foreign currency &amp; promote sustainable travel in several ways!<\/em><\/h2>\n<p>When you use local cash to pay for gifts, souvenirs and services (like tipping excursion tour guides or restaurant servers),\u00a0you directly support\u00a0local businesses. In addition,\u00a0you prevent the vendor from incurring any fees associated with credit card transactions, which can be significant for small businesses. This means that more of your money\u00a0goes\u00a0directly to the business owner, who may use it to hire more employees, invest in their business, or support their family.<\/p>\n<p>Using foreign currency for purchases overseas can stimulate\u00a0the local economy and create a positive &#8220;ripple effect&#8221;. For example, if you were in <a title=\"National Geographic's Guide to San Miguel de Allende\" href=\"https:\/\/www.nationalgeographic.com\/travel\/destination\/san-miguel-de-allende\" target=\"_blank\" rel=\"noopener\">San Miguel de Allende<\/a> and\u00a0purchase a silver bracelet set with turquoise, the jewelry designer may\u00a0use\u00a0the cash to purchase supplies (silver, turquoise, tools) from\u00a0a local\u00a0supplier and to pay the artisan jeweler who sets the stones. The action of paying in cash allows this local merchant to pay employees and vendors while supporting economic growth within their community.\u00a0Paying in cash can\u00a0also foster\u00a0positive <a title=\"Why cultural exchange matters\" href=\"https:\/\/talesofabackpacker.com\/what-is-cultural-exchange-and-why-exchanging-cultures-matters\/\" target=\"_blank\" rel=\"noopener\">cross-cultural exchanges<\/a> between visiting foreign tourists and local residents &#8211; don&#8217;t hesitate to inquire about their traditional artisan methods and learn about their culture. This can lead to meaningful conversations and connections that can help you gain a deeper understanding of the\u00a0local\u00a0traditions and way of life.<\/p>\n<blockquote><p>Travel\u00a0hack: local vendors often offer price reductions on merchandise when\u00a0tourists pay in cash vs. using a card, because they don\u2019t lose part of the sale to credit card processing fees!<\/p><\/blockquote>\n<p>Always respect local\u00a0customs and etiquette when making purchases and tipping &#8211;\u00a0 expectations vary from country to country.<\/p>\n<p>Of course,\u00a0Xchange\u00a0of America is\u00a0an excellent\u00a0option when\u00a0you buy foreign currency online for travel \u2013 whether you order ahead (or wait until the last minute), our convenient online platform makes ordering easy. Plus, we offer rush delivery for quick shipping to your home or office so you can land at your destination with local cash in hand! <\/p>\n<p>Xchange of America&#8230;foreign currency, delivered!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When American tourists travel abroad, they can &#8220;support local&#8221; by paying in their destination&#8217;s foreign currency &amp; promote sustainable travel in several ways! When you use local cash to pay for gifts, souvenirs and services (like tipping excursion tour guides or restaurant servers),\u00a0you directly support\u00a0local businesses. In addition,\u00a0you prevent the vendor from incurring any fees [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,2],"tags":[57,100,139],"class_list":["post-1250","post","type-post","status-publish","format-standard","hentry","category-foreign-currency-2","category-travel","tag-buy-foreign-currency","tag-currency-exchange","tag-foreign-currency"],"_links":{"self":[{"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/posts\/1250"}],"collection":[{"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/comments?post=1250"}],"version-history":[{"count":1,"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/posts\/1250\/revisions"}],"predecessor-version":[{"id":1333,"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/posts\/1250\/revisions\/1333"}],"wp:attachment":[{"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/media?parent=1250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/categories?post=1250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xchangeofamerica.com\/blog\/wp-json\/wp\/v2\/tags?post=1250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}