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So the Bond Note has come? How has it fared during  the first day? We hope to track the performance of the new currency, the challenges and  the areas that need improvement. For now lets look at the current list of countries that have dollarized and use the United States Dollar as its official currency.

1.Ecuador*

2.East Timor

3.El Salvador

4.Marshall Islands

5.Micronesia

6.Palau

7.Turks and Caicos,

8.British Virgin Islands and

9.Zimbabwe

*Ecuador is an interesting case study which we hope to cover in the coming weeks

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Ntate Victor

The author Ntate Victor

Ntate Victor is a Chartered Management Accountant, ACMA, CGMA and an award winning business coach and consultant. Author of 6 books and skilled in financial analysis, strategic planning, risk management, and business coaching. Contact +263 773 055 063