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Hard currency:

 

In many poorer countries with inflationary, unstable and/or inconvertible currencies a foreign hard currency may prove more useful. The gold standard for currencies remains the US dollar, which will in a pinch be accepted as payment by nearly everybody on the planet and is the de facto currency of many countries, especially for larger purchases (including hotels and fancier meals). The euro is increasingly well accepted, at least in regions with many European visitors, and small countries with powerful neighbors may also accept regional hard currencies (eg. Thai baht in Laos and Cambodia, Australian dollars in much of Oceania).

It is wise to carry an emergency stash of hard currency separated from all your other belongings and valuables.

  

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