For most of us, the only time foreign currency issues impact us is when we are traveling. Typically, you go to a bank, AAA, an ATM or some place in the foreign country to exchange US dollars for the currency of the destination. If their currency has a lower value, you effectively get a discount on your purchases while there. What happens though if you buy when the dollar is high and it changes dramatically before you get home? For example, would you exchange your US dollar for Venezuelan bolivar today if you were going there next week?
Choose Ghana, or any African country for your next vacation whose currency is not pegged to the US currency. Tell us about their currency-historically, how has it performed? Cite your sources.
