5 countries without their own currency

Many countries take pride in their currencies. But not all. For some reason, certain states have chosen foreign currencies. And you know what? They are doing quite well. Such a choice seems to help them avoid economic upheavals. Let's take a look at five such unusual cases.

1. El Salvador

In 2001, El Salvador said goodbye to its colon. It preferred the US dollar. Strange, isn't it? Now it's 2025, and they are still using the dollar. Local inflation has decreased. Foreigners are investing more actively. It seems to be beneficial for them.

2. Ecuador

Ecuador went through a terrible crisis. Then in 2000, it said "goodbye" to sucre. The US dollar became their new friend. By 2025, many had already forgotten about the old currency. Dollarization somehow strengthened their economy. Foreign capital is flowing.

3. Kosovo

Kosovo is a tiny state in the Balkans. They use the euro. It's funny, as they are not even in the EU! They started after declaring independence in 2008. They continue to do so now. It's not quite clear how they are allowed to do this.

4. Montenegro

Montenegro has also fallen in love with the euro. Without membership in the Eurozone. They separated from Serbia and immediately adopted a foreign currency. A bold move. In 2025, everything will still be the same. It seems this helps their small economy.

5. Liechtenstein

Liechtenstein - the Swiss franc is their choice. This makes sense, considering the proximity to Switzerland. The principality is tiny. Bankers there are happy. In 2025, the situation has not changed. It seems to work for them.

This is what they are like — countries without their own money. Instead of creating their own banknotes, they take others'. And this, it seems, is not always bad for their wallets.