The official currency used in Cambodia is the Cambodian Riel (KHR), but the US dollar (USD) is also widely accepted.
- Cambodian Riel: The Cambodian Riel is the official currency of Cambodia, and it’s used for most everyday transactions. Prices are often quoted in both USD and KHR, and it’s not uncommon to receive change in a mix of both currencies.
- US Dollar: The US dollar is widely accepted in Cambodia, and it’s common to pay for goods and services in dollars, particularly in tourist areas and for larger purchases.
- Credit cards and ATMs: Credit cards are accepted in most major cities, tourist areas, and hotels, but it’s best to carry cash as not all places accept credit cards. ATMs are widely available in major cities and tourist areas, they accept most major credit and debit cards.
- Currency exchange: You can exchange your currency at banks, money changers, and most hotels, but be aware that the exchange rate might not be as favorable as you’ll get at a bank. Also, it’s best to check the authenticity of the notes, as counterfeit notes are common in Cambodia.
- Tipping: Tipping is not expected but it’s appreciated, it’s usually in the range of $1 to $5 for good service. It’s best to tip in US dollars, as local currency might not be accepted.
- Bargaining: Bargaining is a common practice in Cambodia, especially in markets and street vendors. It’s best to be prepared to negotiate the price of goods and services and to be ready to walk away if the price is not to your liking.
- Credit card fraud: Credit card fraud is becoming increasingly common in Cambodia, so it’s important to keep your credit card in sight at all times and to be wary of anyone who tries to take it out of your sight. Always check your statements for any unauthorized charges.
It’s a good idea to have some US dollars on hand, as they are widely accepted in Cambodia and can be useful in case of emergencies or if you can’t find an ATM or a place that accepts your card. It’s also a good idea to check the current exchange rate before you travel to have an idea of how much things cost in local currency.
It’s always best to have some local currency and US dollars on hand, as not all places accept credit cards, and it’s also useful for smaller purchases, bus rides, and tuk-tuk rides. Keep in mind that the exchange rate can fluctuate, so it’s best to check the current rate before you travel.