Colliding Continents
For The Adventurer Within
Monday, March 17, 2008
Welcoming the Euro
Local Washington, DC shops have begun to accept Euros. I’m not talking boutique shops either, what I am referring to are mom and pop institutions capitalizing on the higher inflow of Europeans and their Euros.

Amsterdam Café is a cozy little spot smack dab in middle of DC’s Adam’s Morgan, an area well known for its bars, restaurants, and culture. The cafe’s menu is quite simple; falafels, fries and soda. I find myself there on occasion loading up on some quick Mediterranean eats before a night out or perhaps after and I am never disappointed. They now take Euros.

This has become a common trend here in the District and I hear that it is taking hold in New York City as well. Europeans find it cheaper to visit the US now as the dollar devalues against the Euro, and local businesses might find accepting the continental currency to their advantage. Especially those in tourist hotspots.

Over the past few months I have noticed a lot of trends pointing to the US dollar taking the backseat in the international travel arena. The Taj Mahal, along with other national monuments in India, no longer accepts the dollar at admissions windows. This is becoming more common across the globe in many ticketing counters. Does this mean that the dollar will no longer be the global standard of currency? It is probably too soon to assume that, but the issue is being highlighted.

P.S. $1 = €1.55 (as of 9:38AM 3.17.08) it was $1 = €.88 when the Euro was introduced in 2002.

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