Using dollars in Cambodia is stupid

[MrPancake]

Just now, Moneyhonour said:

 

So you don't understand what I am writing? Then you have to go back to school for learning reading comprehension, Pannenkoek.

 

I do understand but it takes me some time to figure out what you mean now and then.

Don't overestimate your ability to communicate in english. Would be a mistake, Pannencuck.

[NextG]

13 minutes ago, MrPancake said:

 

I do understand but it takes me some time to figure out what you mean now and then.

Don't overestimate your ability to communicate in english. Would be a mistake, Pannencuck.

What’s with the childish arguing?

Why not take some time to figure out what it is you meant when discussing the exchange rates etc, in so you can gain a better understanding of what might be best. Instead, you are choosing the path of pointless bad behaviour and learning nothing new in the end. Choose the path of learning. 

[Banana7]

Cash is (K)ing! Never use plastic unless you are fully aware of Bankster's (gansters) extortion rates/fees. Maybe the best plastic to use is WISE debit card with a balance in the local currency. Unfortunately, WISE won't touch Cambodian Riel. For Cambo, change Thai baht for USD bills before traveling. In fact, if you accept small USD bills (1$, 5$), you might get a better exchange rate, like at grandsuperrich in Bangkok.

 

Cambo currency outside Cambodia is toilet paper, same as Lao Kip. Take lots of small USD bills, try to give exact amounts for purchases.

 

[Homburg]

One option for those who don't want to get screwed on the US$/Riel conversion is to bring US$ (good condition notes only, and higher value notes really need to be almost pristine) and convert those to Riel at one of the 10,000 or so exchange places in Phnom Penh.  (There are many such places because tourists spend US$ and the recipients want to convert those to Riel - so it's big business). There are several such agencies close to Olympia Mall in St 217 (Blvd Charles De Gaulle) and around the south-eastern corner of Central Market so competition is fierce and the rates there are normally above R4,110, but shop around.  The same applies if arriving with THB/Euro etc.  It is not easy to spend THB outside of the border areas (Poi Pet etc.)   If you are spending $, many of the bigger stores have a published US$/Conversion rate between R4,100 and R4,150 (usually a notice at the till) and their computerised tills compute the correct change in Riel and $ when you pay in $.  BUT carefully count your change, check both sides of all $ notes that you get back in change and never hesitate to reject a torn, marked or worn $ note.  The condition of the note is less important with Riel, but the same applies if the Riel note is in very poor condition.  It is also possible to open a local bank account either in US$ or Riel to avoid ATM charges but it costs more in visa fees to get the correct visa for account opening (not a Tourist Visa) so it's not worth it unless you are either a frequent or long-term visitor. Only withdraw Riel from ATM's to avoid the risk of getting a dud $ note - yes, it happens!

[Yagoda]

13 hours ago, Banana7 said:

Cash is (K)ing! Never use plastic unless you are fully aware of Bankster's (gansters) extortion rates/fees. Maybe the best plastic to use is WISE debit card with a balance in the local currency. Unfortunately, WISE won't touch Cambodian Riel. For Cambo, change Thai baht for USD bills before traveling. In fact, if you accept small USD bills (1$, 5$), you might get a better exchange rate, like at grandsuperrich in Bangkok.

 

Cambo currency outside Cambodia is toilet paper, same as Lao Kip. Take lots of small USD bills, try to give exact amounts for purchases.

 

If you dont mind, which Superrich are you referring to..a speific location?

[NextG]

1 hour ago, Yagoda said:

If you dont mind, which Superrich are you referring to..a speific location?

 

They wrote: https://www.grandsuperrich.com/

[Yagoda]

12 minutes ago, NextG said:

 

They wrote: https://www.grandsuperrich.com/

Thanks

[GypsyT]

There's SuperRich on 1b level at BKK. Well hidden -:)

 

They got very good rates too.

https://superrichairportlinksuvarnabhumi1.business.site/