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Daily spend in Vietnam & Cambodia & is it best to have USD

Tamworth, Australia
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Daily spend in Vietnam & Cambodia & is it best to have USD

What would be an average spend daily in Vietnam & Cambodia? Our accommodation and most tours also some meals are already paid for. Spending would be for markets gifts and some meals. It seems to be it's a better rate from USD to Dong then AUD to Dong.

I'm confused with the numbers so any advice would be great. Thanks.

4 replies to this topic
Canberra
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1. Re: Daily spend in Vietnam & Cambodia & is it best to have USD

$US is the defacto currency of Cambodia. If you have not bought a Cambodian visa before you arrive in Cambodia, you will need $US to buy a visa.

Dong is the currency of Vietnam. If you convert $A to $US and then convert $US to Dong, you will lose money twice in currency conversions. If you are using the VOA Approval Letter process to enter Vietnam, you will need $US at the entry point.

Tamworth, Australia
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2. Re: Daily spend in Vietnam & Cambodia & is it best to have USD

Thank you for that information.

Sydney, Australia
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3. Re: Daily spend in Vietnam & Cambodia & is it best to have USD

Hello Margie R

The only legal currency in Vietnam is the Vietnam Dong - VND - the fact that many items are priced in USD is only as a convenience to those who can't do the conversion from VND to USD, as is the fact that many retailers in tourist areas will accept USD. But the legal currency of VN is VND pure and simple. The VND is an internationally convertible and traded currency, even though many banks etc in many countries prefer not to hold any. But you will need USD to pay for any visa charges on arrival in both Vietnam and Cambodia and only USD CASH is accepted for visa payments.

For Cambodia the situation is different. The Cambodian Riel - KHR - is a worthless, non convertible currency outside of Cambodia and the USD is the de facto currency of the country and supermarkets/department stores are, by law, supposed to show dual KHR and USD pricing but in reality the big stores do not want your KHR as it is worthless to them for buying replacement stock from other countries. As no coins for USD or KHR are used in Cambodia you can pay in either KHR or most usually for anything over a dollar or two in USD and your small change comes back to you in KHR. Spend KHR as you accumulate it at the ever constant street rate of exchange of KHR4,000. = USD$1.

Best regards. Ian/Angkorlad

Tamworth, Australia
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4. Re: Daily spend in Vietnam & Cambodia & is it best to have USD

Thank you so much for that.

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