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Cambodian Currency: What You Need To Know

Cambodian currency phnom penh

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This guide is designed to provide comprehensive insights into the diverse landscape of Cambodian currency. Over the years, Cambodia has been characterized by a range of currencies, a reflection of both its recent and historical economic dynamics. In this blog, the various currencies employed in Cambodia in 2024 will be explored. Being mindful of this information is highly beneficial when Cambodia is on your itinerary.

 

If it’s your first time visiting Cambodia make sure you check out these two travel guides:

The Ultimate Phnom Penh Travel Guide 

The Ultimate Siem Reap Travel Guide

Cambodian currency

Best Time to Visit Cambodia

The best time to visit Cambodia is during the peak season, which spans from November to February. This period offers cooler and drier weather with temperatures between 21°C to 30°C (69°F to 86°F), ideal for outdoor activities and exploring the country’s top attractions.

Before you set foot in Phnom Penh, we’ve put together a pre-checklist to ensure you’re fully prepared for your upcoming journey.

When traveling to Cambodia we do recommend purchasing a SIM card if you don’t have a roam-like home service with your cellular plan. To ensure we had reliable connectivity during our Cambodia trip we purchased a reliable SIM card.

Where to Purchase a SIM Card In the Phnom Penh:
The best place to purchase a SIM card in Phnom Penh is to visit a Cellcard phone store in the city. We found it super easy to top-up our phones using a credit card and by downloading the mobile app, it works like a pre-paid card.

Travel Requirements for Cambodia:

You can obtain a 30-day tourist visa for $30 USD upon arrival or apply for an e-visa in advance. You can extend it for two more 30-day periods for an extra fee. Proof of vaccination or test results are not required for entry.

We always recommend seeking advice for vaccinations for Cambodia on the CDC website, and/or visiting a travel medical clinic before traveling to a destination.

Disclaimer: The information shared regarding travel vaccines is based on our experiences and research and should not replace advice from a qualified healthcare professional. For personalized vaccine information and guidance, please consult with a medical expert such as a travel clinic.

Outlet plugs, and adapters to get: The power plugs in Cambodia typically use Type A, Type C, or Type G sockets, with a standard voltage of 230V and a frequency of 50Hz. It’s advisable to carry a universal adapter to ensure compatibility with these outlets.

Before traveling, it’s crucial to have travel & medical insurance coverage whenever you’re traveling abroad to another country. We always recommend checking your credit card’s insurance policies to understand the coverage and duration of your insurance. Most travel credit cards have coverage between 14-30 days on the high-end. Therefore, depending on the coverage type and duration of your trip, purchasing travel insurance that supplements these policies, is recommended to provide you with peace of mind and financial security, to ensure your trip is worry-free.

Whether you’re a seasoned traveler or planning your first adventure, we’ve handpicked a selection of must-have travel items that will make your journeys smoother and more enjoyable. From packing hacks to smart gadgets, these essential travel items have helped us organize better and maintain a stress-free travel experience while saving us time!

Where to Stay in Phnom Penh

In the heart of Cambodia’s vibrant capital, Phnom Penh, finding the perfect place to stay is so important to your overall travel experience. We’ll unveil the city’s best neighborhoods to stay in, offering insights on accommodations ranging from budget-friendly options to luxurious hotels, ensuring you find the ideal stay to suit your preferences and budget.

Offering picturesque river views and a lovely atmosphere, Riverside is a top choice because of its proximity to major attractions like the Royal Palace and National Museum. It’s a vibrant area with plenty of dining and entertainment options.

Budget: Villa Grange

A budget-friendly choice, Villa Grange offers comfortable accommodations in a charming setting, conveniently located near the riverside and key city attractions.

Mid-Tier: Amanjaya Pancam Suites Hotel

This hotel combines modern comfort with Khmer architectural elements. Its central riverside location and well-appointed rooms make it a top choice for mid-range travelers.

Luxury: Raffles Hotel Le Royal

This is an iconic luxury hotel in Phnom Penh. Raffles Hotel Le Royal stands out for its colonial-era elegance, lush gardens, and exceptional dining. It’s a top-notch choice for those seeking the ultimate luxury experience in the Riverside area.

Known for its upscale ambiance, BKK1 is a favorite among travelers seeking a more luxurious stay. It’s packed with boutique hotels, high-end restaurants, and trendy cafes, making it a great choice for those who enjoy a sophisticated environment.

Budget: Onederz Cambodia

Onederz Cambodia offers budget travelers a comfortable and stylish stay in the heart of BKK1. With modern amenities and a social atmosphere, it’s a top choice for those on a budget.

Mid-Tier: The Pavilion

This charming boutique hotel in BKK1 provides an oasis of tranquility in the city. With beautifully landscaped gardens and well-appointed rooms, it’s a popular mid-tier option.

Luxury: The Balé Phnom Penh

 The Balé Phnom Penh is a luxurious riverside retreat in BKK1, offering spacious villas with private pools, impeccable service, and a serene ambiance for those seeking the ultimate luxury experience in the area.

 

Cambodian Currency: What You Need To Know

WHAT IS CAMBODIAN CURRENCY?

 

Since 1953, the Cambodian riel (KHR), which is the country’s official currency, has been in use. The notes come in denominations of 50, 100, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000 riels. Since I’ve been traveling, 100 notes are the smallest denomination I’ve encountered (equivalent to 2 cents USD).

 

US DOLLAR ACCEPTED 

 

The US dollar is accepted in Cambodia and is recognized as the second most used currency. You can take out US dollars at ATMs across Cambodia. This is due to the country’s lengthy reliance on foreign currencies, especially the US dollar. Because of how frequently it is used, prices for goods and services are frequently given in both riel and US dollars. Cambodians frequently have both riel and US cash in their wallets. While many restaurants’ menus will list costs in US dollars, small Khmer eateries might still do so.

 

CHINESE YUAN 

 

The Chinese yuan is another currency that is newly gaining acceptance in Cambodia from the Tourism Board in Cambodia. This is a result of China’s expanding influence in Cambodia as well as the rising flow of Chinese tourists and investment. To draw in more Chinese tourists, several companies now accept payments in yuan rather than US dollars or KHR riel. This is where the use of the yuan is most prevalent.

 

 

Cambodian Currency

 

 

Klook.com
Thoughts on: Cambodian Currency

Contemplating the monetary landscape in Cambodia sparks a journey into the country’s economic history. The array of Cambodian currency that has circulated throughout the years not only reflects Cambodia’s economic fluctuations but also encapsulates its resilient essence. In the year 2024, navigating Cambodian currency unveils a dynamic mosaic of monetary symbols, each narrating a unique facet of Cambodia’s narrative.

 

 

 

Grasping the intricacies of these currencies transcends mere practicality; it beckons an exploration into the cultural and economic weave that defines this captivating nation. Whether meandering through bustling markets or historical landmarks, the diverse currencies encountered in Cambodia transcend mere transactional tools; they serve as portals to unraveling the intricate tapestry of this vibrant country.

 

FAQs: Cambodian Currency

Q: What is the official currency of Cambodia?

A: The official currency of Cambodia is the Cambodian Riel (KHR).

Q: Are US Dollars widely accepted in Cambodia?

A: Yes, US Dollars are widely accepted in Cambodia, especially in tourist areas and larger establishments. However, it’s advisable to have some Cambodian Riel for smaller transactions and in more rural areas.

Q: Where can I exchange currency in Cambodia?

A: Currency exchange services are available at banks, official exchange counters, and some hotels. It’s recommended to use authorized services to ensure fair rates, and make sure to compare the current exchange rate with what is being offered. You need to take additional notes of the currency you receive to make sure it is real, there are some cases of counterfeit currency especially US Dollars going around.

Q: Can I use credit cards in Cambodia?

A: Major credit cards are accepted in larger cities and tourist destinations. However, it’s wise to carry some cash, especially in more remote areas where card acceptance may be limited.

Q: Is it better to use US Dollars or Cambodian Riel?

A: Both US Dollars and Cambodian Riel are commonly used. For everyday transactions, Cambodian Riel is more practical, while US Dollars are often used for larger purchases and in the tourism sector. Note, that Cambodian currency has a lot more bills in volume in comparison to US Dollars you may find your wallet feeling extra full.

Q: Are there ATMs in Cambodia?

A: Yes, ATMs are widely available in cities and tourist areas. They dispense both US Dollars and Cambodian Riel. However, it’s advisable to inform your bank about your travel plans to avoid any issues with card transactions. I’ve had my credit card blocked on multiple occasions and it’s not fun!

Q: What is the current exchange rate between US Dollars and Cambodian Riel?

A: Exchange rates can fluctuate, so it’s recommended to check with official exchange services or financial institutions for the most up-to-date rates. Here is a website I typically use to check the Cambodian riel to US Dollar exchange rate.

Q: Can I use other foreign currencies in Cambodia?

A: While US Dollars are the most widely accepted foreign currency, some establishments may also accept other major currencies. However, it’s advisable to use Cambodian Riel for the most favorable rates.

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Andrew & Melissa

@HungryPursuit

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