I was – naively – of the view that in Europe we would be using the Euro as our main form of currency. Already we have noticed that while the Euro is able to be used pretty much anywhere, it holds a similar status to the US Dollar – in that it is accepted, however the “exchange rate” when using the Euro versus the local currency does not make our AUD go as far as we would like.
On this basis, we are making the call to use local currency when available, however this does lend itself to the issue of how to obtain multiple currencies, in far smaller parcels, without loosing out on each exchange.