Cambodia: A Land of Wonders… and Two Currencies!

Cambodia fascinates with its heritage, culture, and… its unique monetary system! Between the riel (KHR), the official currency, and the omnipresent US dollar (USD) in daily transactions, traveling or settling in the Kingdom of Wonders often means juggling two currencies. Where should you pay in USD? When is it better to use riel? Here’s a practical guide to avoid costly mistakes.

⚠️ Beware of Scams in Cambodia:

When Paying in Dollars Inflates the Bill

Cambodia is a destination where rich culture and stunning landscapes blend… along with a rather unusual currency system. Here, the Cambodian riel coexists with the US dollar.

While this dual-currency setup might seem convenient for visitors, it unfortunately opens the door to some questionable practices. Many merchants and service providers prefer to be paid in dollars—but that choice can end up costing you more than expected. Here’s what you need to know to avoid unpleasant surprises.

Why Do Some Vendors Insist on Being Paid in USD?

• The US dollar is considered more stable, which is why many sellers prefer it.

• Tourists, often unfamiliar with the local currency, are seen as more “profitable” customers.

• Paying in dollars allows merchants to round up prices in their favor, leading to vague—and sometimes abusive—conversions.

The Most Common Scams to Avoid

1. Prices Displayed Only in USD
Many businesses—especially in tourist areas—list their prices exclusively in dollars. The catch? These prices are often higher than local prices in riel. By paying in foreign currency, you're often unknowingly agreeing to inflated rates.

2. Unclear or Personal Exchange Rates
Some shops apply their own exchange rate when giving change or converting a price. This rate is almost always lower than the actual market rate, discreetly increasing your costs.

3. Change Given in Riel at a Poor Rate
If you pay with large-dollar bills and receive change in riel, vendors may take advantage of the confusion. The amount given back may not be accurate—unless you're familiar with the conversion rate and pay close attention.

4. Fake or Damaged Bills
Another common scam involves returning torn or suspicious-looking dollar bills. Even slightly damaged bills might be refused elsewhere, and you’ll struggle to use or exchange them later.

5. Inflated Prices for Tourists
This is still a widespread practice: once it's clear you’re a foreigner paying in USD, some vendors may hike up prices, add hidden “fees,” or claim that listed prices don’t include certain services.

How to Avoid These Traps

• Prefer paying in riel at local markets, small shops, or for local transport—this limits overcharges.

• Know the current exchange rate to spot unfair conversions.

• Ask for prices in riel if they are only shown in dollars.

• Check the condition of bills you receive, whether in dollars or riel.

• Don’t exchange money from unofficial sources or on the street.

• Always carry small denominations in both USD and riel to avoid incorrect change.

Paying in dollars in Cambodia can seem convenient—especially in tourist hubs—but it can also become a trap for the unaware. Understanding the potential pitfalls of using USD will help you stay in control of your spending, avoid subtle scams, and enjoy your trip without regrets.

❓ FAQ

1. Is it mandatory to pay in dollars in Cambodia?
No, riel is the national currency and is accepted everywhere, especially for small transactions.

2. Why do some merchants refuse riel?
They often want to protect themselves from currency fluctuations or round up prices more easily with dollars.

3. Can I refuse a damaged bill?
Absolutely. You should refuse any torn or suspicious-looking note as soon as you receive it.

4. Is it more advantageous to pay everything in riel?
Often, yes—especially for everyday local purchases. It helps you avoid conversion scams.

5. Are prices always higher for tourists?
Not always, but it does happen. That’s why it’s wise to ask questions, compare, and don’t hesitate to negotiate.In travel, knowledge saves money.
Avoid currency-related traps in Cambodia and enjoy your stay without hidden fees!

1. Online Scams (Social Media, Crypto, Fake Platforms)

In recent years, many scams have flourished online. Tempting messages circulate on social media, offering, for example:

• Quick profits through cryptocurrencies;

• Fake sales (plane tickets, accommodations, travel deals);

• Lottery-style games promising massive prizes;

• Fake investment offers, often presented as “private opportunities.”

Once someone takes the bait, they’re asked to transfer money to untraceable accounts. Some scams even use professional-looking websites or copies of real banking platforms to trick users.

2. Romance Scams (Love Scams)

Common on social media and dating apps, these scams involve building an emotional relationship between a fake profile and the victim.

The supposed partner quickly “falls in love” and claims to be facing a difficult situation (illness, accident, family issues, job loss). Over time, the victim is emotionally pressured into sending money to “help,” “save,” or “reunite” with the scammer.
In some cases, multiple identities are used, and the story can go on for weeks or months.

3. AI-Generated Content Scams

Scammers now use AI tools to create:

• Distressing images (sick children, disasters, emotional distress);

• Fake testimonials using synthetic voices or realistic human faces;

• Videos asking for donations, showing QR codes or bank details.

Everything seems credible—but it’s all fake. These scams spread quickly on social media because they are designed to trigger emotional reactions.

4. Rigged Gambling (Card Games / Betting)

In some cities, tourists are discreetly invited to join simple card games in a seemingly friendly environment.

The scam usually starts with what appears to be a fair game, then escalates after the victim bets a large amount or experiences a few “easy wins.” Suddenly, things change—losses are unexplained, bets are rigged, or other players disappear.
The result: you lose everything, and sometimes face pressure or intimidation.

5. Fake Guides and Tuk-Tuk Drivers

A classic tourist-country scam. Some tuk-tuk drivers or self-proclaimed “guides”:

• Offer to take you to “less known” temples or markets off the usual route;

• Lead you to shops, jewelry stores, or hotels where they receive a commission if you buy or book;

• Later inflate the fare, add “extras,” or claim that prices have changed.

The trap lies in trust: they seem friendly, may speak some English, and present the offer attractively.

6. Border Scams (Fake or Inflated Fees)

At land border crossings, some individuals near the checkpoints offer to help you get a visa or entry/exit stamp.

They may pretend to be officials (wearing badges or uniforms), demand “urgent” fees, or encourage you to use pre-filled forms. These usually come with made-up “mini taxes” or paid “priority options” that have no legal basis.

7. Snatch Thefts and Targeted Assaults

In major cities like Phnom Penh or Siem Reap, it’s common for thieves on motorbikes to snatch a bag or phone from your hand.

These thefts happen fast but can cause injuries if the tourist resists or falls.
Pickpockets often operate near markets, outside bars, or on poorly lit streets.

8. Nightlife Scams or Dating App Setups

In some cases, travelers are invited by new acquaintances to bars, nightclubs, or hotel rooms. Beware:

• Your drink may be spiked to make you lose consciousness;

• Accomplices then steal your credit cards, money, phone, or even passport;

• Sometimes people met through dating apps lure you into private settings with the same goal.

9. Phone Scams (Fake Institutions)

These scams involve receiving a call or message warning you about an “urgent issue”:

• Unpaid tax debt;

• A visa-related administrative error;

• A package waiting or a frozen bank account.

The scammer pretends to be an officer, embassy agent, or bank representative, and demands money to “quickly resolve” the problem.

10. Overcharging Tourists (Especially in USD)

In tourist areas, many prices are shown in dollars rather than riels. This allows some vendors to:

• Discreetly inflate prices;

• Round up amounts without explanation;

• Impose unfair exchange rates if you try to pay in local currency.

Change is sometimes given in riel using a very unfavorable rate, which increases your loss in the transaction.

11. Fake Jobs / Illegal Exploitation

Some fake job offers circulate, often very appealing: admin roles, translation, remote support, or video game-related jobs.

Once you arrive, the reality is very different: the “job” involves carrying out fraudulent activities (often in scam call centers), with your passport confiscated, movement restricted, and salaries unpaid.
Some victims become trapped, unable to leave the company—or the country.

Cambodia is an extraordinary country, but as with any tourist destination, caution is essential. A relaxed but alert attitude will help you avoid many problems. Trust your instincts—if a situation seems too good or unusually urgent, it probably is.

🔒 Important Tips

• Always verify who is speaking to you, especially if it’s a “guide,” agent, or seller.

• Avoid giving documents or money to strangers without a clear reason.

• Never share your full personal information online.

• Inform your embassy and local authorities if you face a serious issue or have strong doubt

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1. A Brief History of Cambodian Currency

The Cambodian Riel (KHR): The National Currency

The Cambodian riel, symbol ៛, is the official currency of Cambodia. Its history is closely tied to the country’s many political and economic upheavals over the decades.

The riel was introduced shortly after Cambodia’s independence, replacing the former colonial currency. However, during the dark period of the Khmer Rouge regime, money was completely abolished — the country functioned without any form of currency, a nearly unique case in modern history.

After the fall of the regime, the riel was reintroduced to help rebuild the national economy. Since then, it has been widely used, especially for small, everyday purchases. Riel comes in colorful banknotes featuring Cambodian cultural symbols. Coins are still legal tender, but rarely used.

Riel is available at all local banks and can be withdrawn from ATMs — often alongside the US dollar.

The Rise of the US Dollar (USD): A Foreign Currency Turned Local

The US dollar became a key part of Cambodia’s economy during the 1990s. This massive adoption was tied to the influx of foreign aid and investments during the country’s post-war reconstruction. The dollar inspired trust, especially in a time when economic instability made Cambodians wary of their national currency.

Today, the US dollar is everywhere in Cambodia’s economy. In Phnom Penh and tourist areas, most prices are listed in dollars. Hotels, restaurants, shops, and taxis all accept — and often prefer — USD. Even salaries in large companies and NGOs are frequently paid in dollars.

A Unique Dual-Currency System

Cambodia operates with two currencies, each serving a different purpose:

• Riel is used for small, local expenses: markets, street food, tuk-tuk rides, etc.

• Dollar is used for larger purchases, accommodation, and most services aimed at tourists or international clients.

This coexistence has advantages: it simplifies transactions with foreigners, helps limit inflation, and makes the country more attractive to investors.

However, there are downsides too: Cambodia doesn’t fully control its monetary policy, which can hinder long-term economic decisions. For lower-income Cambodians, limited access to foreign currency can also be a barrier.

✅ In Summary

Whether you’re a tourist or an expat, understanding this dual-currency system will help you avoid surprises. Remember: in Cambodia, a crisp US dollar bill may be more useful than several crumpled riel notes — but for local day-to-day expenses, riel is king.

You’ll never run out of ways to pay — just make sure to carry both currencies in your pocket!

2. Where Do You Pay in USD?

• Tourist hotels

• Restaurants in tourist zones

• Souvenir shops

• Travel agencies

• Taxis (especially in Phnom Penh or Siem Reap)

Some ATMs even dispense US dollar bills directly.

3. When to Use Riel?

• For small, everyday purchases: local markets, tuk-tuks, street vendors

• Amounts under $1 are almost always returned in riel

• Coins are virtually non-existent — everything is done with paper bills

4. Tips for Managing Payments

• Prefer small USD bills — avoid $50/$100 notes, which may be refused or difficult to get change for

• Check the condition of your bills — torn, dirty, or worn-out dollars may be rejected

• Ask for small change in riel when exchanging money or withdrawing from ATMs

• Be aware of the exchange rate (usually 1 USD ≈ 4,000 KHR, but it can vary slightly)

5. Watch Out for Bank Fees and Exotic Currency Issues

• Some vendors list prices in USD but convert to riel for small purchases

• Using foreign cards or withdrawing in foreign currency can lead to high bank fees

Cambodia’s currency system is unique: the riel and the dollar live side-by-side in daily life. To enjoy a stress-free trip, always carry both currencies and adapt depending on the place and context.
Understanding how this system works means diving deeper into local Cambodian life.

ℹ️ FAQ

1. Can you pay only in riel?
Yes — in local markets and with small vendors, riel is accepted everywhere. But in tourist areas, prices are often listed in USD.

2. Are credit cards accepted everywhere?
No. Only large chains, some hotels, and restaurants accept cards. Cash is king in most places.

3. Can you exchange euros easily?
Yes, in big cities and exchange offices — but the rate is usually less favorable than USD. It’s best to arrive with dollars if possible.

4. What should I do with leftover riel when leaving the country?
Riel can’t be exchanged outside Cambodia. Try to spend it before departure — or keep some as a souvenir.

5. Is it risky to carry a lot of cash?
As in any country, take precautions with your belongings. Better to make frequent small withdrawals than carry large sums.

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Payment Methods and Currency Exchange in Cambodia: What You Need to Know Before You Go

Cambodia is a country where multiple currencies, banking systems, and payment habits coexist. While the US dollar circulates widely alongside the Cambodian riel, other currencies like the euro, Swiss franc, Japanese yen, or British pound must be exchanged beforehand.

This dual-currency system can be confusing for travelers. In this guide, we’ll walk through all available payment methods, best practices for exchanging money, and the most common mistakes to avoid.

💵 Cash Is King in Cambodia

Cash payments are the norm across the country, especially outside major cities. The US dollar is accepted nearly everywhere — including by local authorities, hoteliers, and shopkeepers.

The riel, Cambodia’s local currency, is mainly used for small purchases or given as change. It’s useful to carry both clean US dollar bills and some riel for everyday expenses.

Foreign currencies like the euro, Swiss franc, yen, or pound sterling are rarely accepted directly. They must be exchanged at a money changer or bank before use.

💳 Paying by Card (Credit or Debit)

In larger cities and tourist areas, card payments are accepted in some hotels, restaurants, and major retail stores. Visa and Mastercard are generally supported. However, some less common cards — like the French Carte Bleue — may be rejected by merchants.

⚠️ Watch out for foreign transaction fees or commissions, especially if your card was issued outside Southeast Asia.

It’s a good idea to notify your bank before departure to avoid security blocks on your card while abroad.

🏧 Withdrawing Money in Cambodia

You can withdraw cash from most ATMs (cash machines) across Cambodia. Most ATMs dispense US dollars, though some also offer riel.

Check your bank’s policy before traveling — some banks (such as BNP Paribas for French clients) may offer reduced fees or better withdrawal options abroad.

Use a trusted currency converter app to estimate how much you'll get in local currency.

🌍 Wire Transfers and Online Money Transfers

International bank transfers to or from Cambodia are possible through your home bank or a local institution.

However, many travelers and expats prefer platforms like Wise (formerly TransferWise), which typically offer better exchange rates and faster processing times.

Services like Western Union or MoneyGram are also available and widely used. They allow for rapid transfers — but watch out for high fees and poor exchange rates.

❌ Avoid Using Checks

Personal checks, whether from France, Switzerland, or the UK, are not used in Cambodia and will not be accepted.

As for traveler’s checks, they are mostly outdated. Some banks may still accept them, but the process is slow, expensive, and inconvenient for everyday use.

💱 Where to Exchange Money: Banks or Money Changers?

Money changers are common and well distributed in major cities like Phnom Penh, Siem Reap, and Sihanoukville. They often offer better rates than banks or airport counters.

Avoid exchanging money at hotels or airports, where exchange rates are typically much less favorable.

Some local banks also offer currency exchange services. Don’t forget to bring your passport for any official transaction.

✅ Tips for Managing Money in Cambodia

• Diversify your payment methods: use a combination of cash, cards, and transfer services when necessary.

• Always keep small denominations of USD and riel, especially outside major cities where change can be hard to get.

• Avoid carrying large amounts of cash, particularly in dollars, for security reasons.

• Check the condition of US dollar bills before accepting them. Worn, torn, or stained bills may be rejected.

• Compare exchange rates from various providers: Wise, Western Union, local exchange offices, etc.

• Use a reliable currency converter app (on your phone or online) to confirm how much you should pay or receive.

🌐 Foreign Currencies and Exchange in Cambodia

Euros (EUR), British pounds (GBP), Swiss francs (CHF), and Japanese yen (JPY) can be exchanged in most major cities.

For convenience, it’s recommended to arrive with US dollars if you can.

Some banks, like Banque de France, don’t offer direct exchange services for all currencies. In such cases, you’ll need to go through a specialized exchange office or order foreign currency from your bank before departure.

🧳 In Conclusion

Between cash payments, card usage, currency exchanges, and international transfers, there are plenty of ways to manage your money during a trip or extended stay in Cambodia.

The key is to be well-prepared, understand local payment habits, and always have a backup plan.

Whether you're arriving with a Visa card, sterling cash, or planning a wire transfer from the Eurozone — a bit of preparation and common sense will make all the difference.

🇰🇭 Cambodia Travel Money & Currency FAQ (No Numbers, Just Practical Info)

What currency is used in Cambodia?

Cambodia has a dual-currency system. The Cambodian riel (KHR) is the official local currency, but the US dollar (USD) is used widely for most everyday transactions, especially in tourist areas. Prices in shops, restaurants, and hotels are often quoted in USD, while small change is frequently given in riel.

Can I use foreign cash like euros, Canadian dollars, or Australian dollars?

No, most shops and businesses do not accept foreign cash like the euro, Canadian dollar (CAD), Australian dollar (AUD), rupee, or renminbi. You’ll need to exchange your money into USD or riel first. Major foreign currencies can be exchanged easily in big cities, especially at banks and reliable exchange offices.

Where can I exchange currency in Cambodia?

• Banks: Offer currency exchange services and are generally trustworthy.

• Bureaux de change: Found in cities, markets, and tourist zones, sometimes offering better rates than banks.

• Hotels and airports: Often offer less favorable exchange rates—better to exchange in the city if possible.

Are there ATMs in Cambodia that accept foreign cards?

Yes, ATMs are widely available in cities and tourist areas. They usually dispense US dollars, and sometimes Cambodian riel. Most international debit cards and credit cards (Visa, Mastercard) are accepted.

Can I use online “currency-to-currency” platforms before I travel?

You can use international services (like TransferWise/Wise, Revolut, or your own bank’s app) to pre-load USD or riel onto a prepaid travel card. This can help you avoid carrying a lot of cash and lets you lock in an exchange rate before you arrive.

What’s the best way to get a good exchange rate?

• Avoid airport exchanges and hotel desks.

• Compare rates (but don’t rely only on advertised rates—ask about fees and commission).

• Use foreign exchange apps or websites to check the average market rate.

• Exchange in small amounts if you're unsure of the rate.

Can I send or receive international money transfers?

Yes. Services like Western Union, MoneyGram, and online platforms like Wise offer money-transfer options in USD or riel. You can send or receive funds through direct bank deposit, mobile money, or in cash at pickup points.

Is it safe to carry cash?

Yes, but it's best to carry a mix of payment methods: some cash (preferably small USD bills), a debit card, and a prepaid travel card. Keep large notes and backup cards in a secure place. When using ATMs, choose machines attached to reputable banks or inside shopping centers and avoid isolated machines, especially at night.

What is the role of the central bank?

The National Bank of Cambodia (NBC) oversees exchange policies and sets reference rates for the local currency. However, real rates on the street or at banks may differ slightly due to market fluctuations on the foreign exchange market.

Can I use my debit card to pay at stores?

In some larger or high-end places, yes. But in most markets, restaurants, and guesthouses, cash is still king. International payments by card may come with extra foreign transaction fees, so check with your home bank before travel.

What if I need a cash advance?

Cash advances are available from most ATMs using a credit card, but be aware they often come with added fees. If possible, use a debit card or prepaid card for withdrawals to limit costs.

What is the best currency to bring to Cambodia?

US dollars are the easiest and most practical to use once in the country. But if you're bringing other currencies like the euro, Canadian dollar, Australian dollar, or dirham, you should plan to exchange it upon arrival at a bank or currency exchange office.

Can I exchange currency back at the end of my trip?

Yes, but some exchange offices may only accept clean and undamaged US bills. Riel cannot usually be exchanged outside of Cambodia, so it’s best to spend your riel before you leave or convert it back to USD while still in Cambodia.

Final tips for managing your travel money:

• Keep a combination of cash, debit card, and prepaid travel card.

• Use currency exchange apps or online tools to check daily rates.

• Don't rely on a single payment method, especially in rural areas.

• If you're using foreign exchange platforms or banking apps, ensure they support USD and KHR.

Want peace of mind during your trip? Keep your options open, stay informed with currency exchange updates, and avoid last-minute conversions at poor rates. Cambodia is a cash-friendly country—but being smart with your money goes a long way.