Local Currency and Exchange Information

The official currency of Cambodia is the Cambodian Riel (KHR), but the US dollar (USD) is widely accepted throughout Siem Reap. In fact, many prices are quoted in USD, particularly in tourist areas.

• Exchange Rates: As of the latest data, the exchange rate is approximately 4,100 KHR to 1 USD. Rates fluctuate, so it's advisable to check current rates before exchanging money.
• Currency Exchange: Currency can be exchanged at banks, exchange bureaus, and hotels. Always compare rates for the best deal.

Payment Methods and Banking Options

When it comes to payment methods in Siem Reap, travelers have several options:

• Cash: Cash is the most commonly used payment method. It’s advisable to carry small denominations for local purchases.
• Credit/Debit Cards: Major credit cards like Visa and MasterCard are accepted at larger hotels, restaurants, and shops, but may incur a surcharge.
• ATMs: Numerous ATMs are available throughout Siem Reap, dispensing both USD and KHR. However, check with your bank regarding international withdrawal fees.

Tipping Customs and Payment Etiquette

Tipping is appreciated but not obligatory in Siem Reap. Here are some guidelines:

• Restaurants: A tip of 10% is standard if service is not included in the bill.
• Guides and Drivers: Consider tipping your tour guide or driver around $5 to $10 for a full day of service.
• Housekeeping: Leaving a small tip of around $1 per night for hotel staff is common.

Cost Considerations and Budgeting Tips

Siem Reap is known for being affordable, making it a popular destination for travelers. Here are some cost considerations:

• Accommodation: Budget options start as low as $10 per night, while mid-range hotels may range from $30 to $80.
• Food: Street food and local eateries offer meals for $1 to $5, while upscale dining may cost $10 to $30.
• Sightseeing: Entrance fees to Angkor Wat start at $37 for a day pass, with multi-day passes available.

Budget Tip: Set aside a daily budget of around $30 to $50 for a comfortable experience, including meals, activities, and transportation.

Practical Financial Advice for Travelers

To manage your finances effectively while visiting Siem Reap, consider the following tips:

• Use a Combination of Cash and Cards: Carry sufficient cash for small purchases, but also have a credit card for larger expenses.
• Notify Your Bank: Inform your bank of your travel plans to avoid any issues with card usage abroad.
• Secure Your Money: Use a money belt or a secure bag to keep your cash and cards safe while exploring.
• Keep Small Change Handy: Small denominations are essential for tips and local markets.
• Be Aware of Scams: Always be cautious with currency exchange offers and avoid street money changers.