If you’re planning a trip to Cambodia or sending money to family and friends there, you may need to convert your pounds (GBP) or other currency into Cambodian riel (KHR). The Cambodian riel is the official currency of Cambodia, though the U.S. dollar is also widely used, especially in urban and tourist areas.
Here’s a comprehensive guide to the Cambodian riel, its history, exchange rates, and tips for using it during your visit.
Overview of Cambodian Riel
The Cambodian riel is abbreviated as KHR, with the symbol ៛. It is subdivided into smaller units: the sen (one-hundredth of a riel) and the kak (one-tenth of a riel).
Coins in Circulation
- 50 riels
- 100 riels
- 200 riels
- 500 riels
Banknotes in Circulation
- 50 riels
- 100 riels
- 500 riels
- 1,000 riels
- 2,000 riels
- 5,000 riels
- 10,000 riels
- 15,000 riels
- 20,000 riels
- 50,000 riels
Riel banknotes are colourful and feature iconic Cambodian landmarks, cultural symbols, and members of the royal family.
Five Fascinating Facts About Cambodian Currency
1. Riel Notes Highlight Cambodia’s History
Each Cambodian riel note depicts an important cultural site or figure. For instance:
- The 20,000-riel note features Angkor Wat, Cambodia’s most famous temple complex.
- The 50,000-riel note honours King Norodom Sihanouk and Bakong Temple, a significant historical site.
2. Cambodia Has Had Two Currencies
The first riel was introduced in 1953 after Cambodia gained independence from France but was abolished during the Khmer Rouge regime (1975–1980). The modern riel was reintroduced in 1980 and has coexisted with the U.S. dollar since the 1990s.
3. Coins Are Rarely Used
Although coins are still officially in circulation, most transactions in Cambodia are conducted with banknotes. Decades of political and economic turmoil disrupted the use of coins, and they remain less common today.
4. U.S. Dollars Are Widely Accepted
The U.S. dollar is extensively used in Cambodia, particularly in cities and tourist areas. Prices are often quoted in USD, and many ATMs dispense dollars. In rural areas, however, the riel is more commonly used.
5. The Riel’s Value Has Shifted Over Time
When reintroduced in 1980, the riel had a fixed exchange rate of 4 KHR to 1 USD. Today, the exchange rate is much higher, typically around 4,000 KHR to 1 USD for daily transactions.
The History of the Cambodian Riel
The history of the riel mirrors Cambodia’s complex and turbulent past. Introduced in 1953 following independence from France, it was replaced by bartering during the Khmer Rouge era. The modern riel, launched in 1980, marked the start of Cambodia’s economic recovery and has coexisted with the U.S. dollar since the 1990s.
Tips for Using Money in Cambodia
Payment Methods
- Urban Areas: U.S. dollars are commonly accepted. Ensure you have small denominations, as breaking larger bills can be difficult.
- Rural Areas: Riel is the primary currency for transactions in rural regions.
ATMs
Many ATMs in Cambodia dispense both riel and U.S. dollars, but international travellers may only be able to withdraw USD. Check with your bank before travelling.
Currency Exchange
Exchange your pounds to U.S. dollars or Cambodian riel at currency exchange offices in Cambodia. Avoid exchanging money on the street, as rates may be unfavourable.
