When it comes to Cambodia, the basic unit of currency is the Cambodian Riel (KHR). As the official currency of the country, the Riel holds an important place in the economy and daily transactions.

The Cambodian Riel has been in circulation since 1980, following a period of economic instability and political changes in the country. It replaced the previous currency, the Khmer Republic's Riel, in an effort to stabilize the economy and restore financial confidence.

One US dollar is equivalent to approximately 4,000 Cambodian Riel. However, it is important to note that the US dollar is widely accepted and used alongside the Riel in Cambodia. In fact, most businesses, especially those in urban areas and tourist destinations, accept US dollars for transactions. This dual currency system is unique to Cambodia and has been in place for several decades.

For visitors and tourists, it is advisable to carry a mix of both US dollars and Cambodian Riel. While US dollars are widely accepted, having some Riel on hand can be useful for smaller purchases, local markets, and transportation fares. It is also worth mentioning that using Riel for transactions can often lead to more favorable prices compared to using US dollars.

Obtaining Cambodian Riel is relatively easy, as it can be exchanged at banks, authorized money changers, and hotels. ATMs are also widely available throughout the country, allowing travelers to withdraw local currency using their debit or credit cards.

It's important to keep in mind that while the Cambodian Riel is the basic unit of currency, the US dollar remains a significant part of the economy. However, Cambodia's central bank, the National Bank of Cambodia, has been making efforts to promote the use of the Riel in an attempt to strengthen the country's sovereignty and reduce dependency on foreign currency.

So, whether you're planning a visit to the magnificent temples of Angkor Wat or exploring the bustling streets of Phnom Penh, make sure to have some Cambodian Riel and US dollars on hand for a smooth and hassle-free experience.

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