Dollar to Cambodian Riel - The Basics and Beyond

The Cambodian Riel is the official currency of Cambodia, although US dollars are widely accepted and used in many transactions. The exchange rate between the two currencies is not fixed and can fluctuate.

The exchange rate is approximately 4,000 Riel to 1 US dollar. You can exchange your money at banks, currency exchange offices, or even some hotels, but be aware that exchange rates may vary.

Many businesses in Cambodia, especially in tourist areas, display prices in both US dollars and Riel. This can make it easier for visitors to understand prices and make transactions.

In Cambodia, you can use US dollars for everyday transactions, which can be a relief for tourists who don't have time to exchange their money.

The currency exchange is not always open, and you might find yourself in a situation like the author, who received US dollars from an ATM at night and had to figure out what to do with them.

US dollars are widely accepted in Cambodia, even at some hostels, where the receptionist might take your crisp bills and give you a handful of old, beaten-up riel notes in return.

Cambodia uses two main currencies: US dollars and riel. The riel is the local currency, but US dollars are widely accepted.

You can withdraw US dollars from cashpoints in Cambodia, but be aware that this can be a surprise to some travelers. The author of this article had a minor meltdown when the cashpoint gave them US dollars instead of riel.

Many businesses, including hostels, accept US dollars. The author was able to pay for a night's stay at a hostel with a $100 bill. The hostel's receptionist gave them a massive handful of old, beaten-up riel notes in return.

In some countries, like Cambodia, there's a movement to reduce reliance on US dollars, known as de-dollarisation. This means trying to get people to use the local currency, the riel, more often.

Small notes are being phased out in Phnom Penh, but locals still widely accept US dollars. You can't get any smaller than a $50 bill from an ATM, but you might only be able to withdraw $100 bills anyway.

The goal is to make the riel the dominant currency, but it's still a long way off.

The exchange rate between US dollars and Cambodian riel is a crucial thing to know when traveling to Cambodia.

The official exchange rate fluctuates, but in practice, most street vendors, small shops, and restaurants go by 4,000 riel to $1 USD. This is a widely accepted rate that you can expect to see in everyday transactions.

In larger shops, supermarkets, and tourist attractions, the rate may be different, ranging from 4,000 to 4,500 riel to $1 USD. It's a good idea to pay with dollars in these cases to save your riel for smaller transactions.

If you want to know the exact exchange rate, a currency converter like XE is your best bet for up-to-date information. This will give you the current rate and how it's changed over the past day, week, or month.

The exchange rate can also be affected by historical trends. In the past six months, the USD/KHR rate has decreased by -2.10%, meaning the US dollar has lost value compared to the Cambodian riel.

Here are some examples of exchange rates for $100 USD in KHR:

The 30-day average exchange rate for 1 USD to KHR is 4,032.4917, with a 30-day high of 4,044.0000 and a 30-day low of 4,024.0000.

The US dollar exchange rate in Cambodia is a crucial aspect to understand when traveling to the country. The official exchange rate fluctuates, but most street vendors and small shops use a fixed rate of 4,000 riel to $1USD.

You'll often see this rate displayed on signs or mentioned by locals, making it easy to navigate everyday transactions. However, in larger shops and tourist attractions, like Angkor Wat, the conversion rate may be different, ranging from 4,000-4,500 riel to $1USD.

To get the most up-to-date information on the exchange rate, consider using a currency converter like XE. This app will give you the current USD to KHR rate and show you how it's changed over the past day, week, or month.

The exchange rate is influenced by various factors, including economic indicators, geopolitical events, and central bank decisions. These factors can cause the rate to fluctuate, so it's essential to stay informed.

If you want to convert US dollars to Cambodian riels, simply type in the amount you want to convert, select USD as the currency to convert from, and KHR as the currency to convert to. The converter will show you the current rate and provide you with the equivalent amount in riels.

Here's a table showing similar values of 100 USD in KHR:

Keep in mind that these rates are indicative only and may not reflect the current exchange rate.