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Tiếng Việt Currency is an important issue when you go to Cambodia. So what currency does Cambodia use? Or Cambodia currency exchange rate ? Where to exchange money when going to Cambodia. Let's answer these questions.
Cambodia currency exchange rate?
The official currency in Cambodia is the riel. This is the most used currency in Cambodia. When you go to Cambodia, you need to use this currency. It is necessary that you should exchange riel in Vietnam.
The riel currently exists in the form of banknotes and coins. However, because the value of coins is small and inconvenient, paper money is more common.
Cambodian Riel
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The exchange rate of Cambodian riel to Vietnamese dong is: 1 riel = 5.5 VND. This is an approximate exchange rate and is not exact and depends on where you exchange it. Based on this, you should calculate an estimated amount of spending money to exchange. It is usually recommended to exchange into banknotes with denominations of 50 riel or more. Estimated, it falls around nearly 300 VND.
How to exchange Cambodian money beneficially?
You should exchange money in Vietnam before going to Cambodia. In Cambodia, you will find currency exchange services at the airport or hotel. However, exchanging money there can easily incur high commission fees. There are two ways to exchange money domestically: at banks or gold shops.
Exchanging money at banks is usually safer. However, you will also need to go through complicated paperwork. In addition, because the Vietnamese government has recently banned free foreign exchange, exchanging money at banks is completely legal.
Exchanging money at gold shops allows you to get a good exchange rate. But you will have to deal with issues of counterfeit money or legal problems. Exchanging money outside also helps you save time as there are no complicated procedures.
Exchange Cambodian money
Additionally, remember to bring US dollars as a backup. Vietnamese dong is not commonly used there, so if you want to exchange Vietnamese dong to riel in Cambodia, you will have to go through two exchange rates (buy and sell). Therefore, prepare some USD in advance to get the most favorable exchange.
When you go to Cambodia, you can exchange money at places like right near the border. You will encounter quite a few brokers who want to exchange dollars for riel. Similar to the airport or hotel, exchanging money here is always more expensive. Additionally, you can exchange money at gold shops or banks in Cambodia.
Where to exchange money when going to Cambodia?
Below I will provide some addresses for exchanging Cambodian currency
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Exchange Cambodian currency in Hanoi
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank):Address: 809 Giai Phong, Giap Bat, Hoang Mai, Hanoi
Vietnam Maritime Commercial Joint Stock Bank:Address: 181, Hue Street, Hue Ward, Hai Ba Trung District, Hue Street, Hai Ba Trung, Hanoi
Kim Linh 347 Ha Trung: 3828.9618
Huy Khoi19 Ha Trung: 3938.1397
Quoc Trinh27-29 Ha Trung; 3828.7906, 3826.8856
Ngan HaNo. 4, Dinh Cong Trade Center (next to Xanh Dinh Cong Market): 36406886-36400189
How to exchange Cambodian currency
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Cambodian money exchange in HCMC
Cambodian money exchange in Cambodia
Mokod Pich Gold Shop in Phnom Penh.
Address: No. 75Eo, Street 53, Corner of Street 136, Phnom Penh
Phone: 855-23 986 561
AI KIM Jewelry Store
Phnom Penh: No. 20, Charles de Gaulle (St. 217)
Phone: 855-16-884663
Angkor Jewelry Shop
Phnom Penh: No. 34Eo, Ang Duong (St. 110)
Phone: 855-11-816886
Conclusion
So the best way to exchange Cambodian currency is to exchange it in Vietnam. In addition, you should also bring US dollars or checks, ATM cards in case of urgent need for money. Here are some places to exchange money for you. Wishing you a lucky trip.
