Currency in Cambodia: A Guide to Managing Money for Travelers

19
Jan

Cambodia’s official currency is the Cambodian Riel (KHR), but the US Dollar (USD) is widely used alongside it, especially in cities and tourist hotspots like Phnom Penh, Siem Reap, and Sihanoukville. Most prices for hotels, restaurants, and tours are quoted in USD, while the Riel is commonly used for smaller transactions or as change for amounts under $1.

Key Currency Information

  • Cambodian Riel (KHR):
    • Symbol: ៛
    • Common denominations: Banknotes come in 100, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000 Riel.
    • Coins are rarely used.
  • US Dollar (USD):
    • Used for higher-value transactions like accommodation, dining, and transportation.
    • Smaller denominations ($1, $5, $10) are preferred, as damaged or larger bills are sometimes rejected.

Access to Money in Cambodia

  • ATMs: Widely available in cities and tourist areas, ATMs dispense both US Dollars and Riel. Withdrawal fees may apply, so check with your bank beforehand.
  • Credit and Debit Cards: Accepted in hotels, upscale restaurants, and larger shops, but additional fees may be charged. Cards are less commonly accepted in rural areas.
  • Currency Exchange: Available at banks, airports, and authorized exchange counters. Ensure you exchange money at trusted locations to avoid counterfeit notes.

Travel Tips for Handling Money in Cambodia

  1. Carry Small Denominations: Small USD bills and Riel are more convenient for everyday purchases, street food, and local markets.
  2. Cash is Essential in Rural Areas: Outside urban centers, card payments are rare, and ATMs may be scarce.
  3. Check USD Notes: Ensure your bills are clean and undamaged, as old or torn notes may not be accepted.
  4. Tipping: Tipping is not mandatory but appreciated, and small amounts are typically given in Riel.

By understanding Cambodia’s dual-currency system, you can easily manage your expenses and enjoy a smooth travel experience!