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Cambodia Currency
US dollars are as commonly used as the
Cambodian Riel and even Thai Baht is acceptable in many places. Most hotels and
many restaurants and shops set their prices in dollars. Small transactions are
usually done in Riel. Always carry some small Riel for motorcycle taxis, snacks,
beggars and other small purchases.
Riel notes come in 50, 100, 200, 500, 1000, 5000, 10,000, 50,000 and 100,000
denominations, but the distinctive red 500 Riel note is the most commonly used.
Please click
here
for the exchange rate with your own currency.
Credit cards and travelers checks are not common but are catching on. US dollar
travelers checks are much more easily encashed than any other kind.
Money changers cluster around the markets. When accepting money, inspect the
bills. Marred Riel is acceptable tender, but the tiniest tear in a large US note
renders it worthless.
There are banks in all of the larger provincial capitals, including Phnom Penh,
Siem Reap, Sihanoukville, Battambang. Banks can change money, effect telegraphic
transfers and some banks can cash travelers checks and accept Visa cards.
There is only one ATM in Cambodia, at the Canadia Bank in Phnom Penh, and you
must have a local account in order to use it. You cannot access foreign accounts
from this.
Local Time of Cambodia
Cambodia runs at GMT +7 hours, the same
time zone as its neighbors Thailand, Vietnam and Laos.
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