The demand for tourism and living among Chinese people in Cambodia is growing. Additionally, it has become increasingly popular for shop owners in Cambodia to order and pay with Chinese suppliers or transact through e-commerce platforms such as Taobao, Alibaba, Tmall, and 1688,… As a result, the demand for exchanging Riel and USD to CNY has increased daily.
Not everyone knows how to convert money safely and efficiently while obtaining reasonable exchange rates. Moreover, it can be challenging to keep track of exchange rates over time and to identify trustworthy providers offering the best rates. In light of this, the following tips will help you confidently execute fast and convenient international currency exchanges.
How can US Dollar (USD) be converted to Chinese Yuan (CNY)?
To ensure that you don’t overspend on currency exchange, it’s essential to have a clear understanding of how the value of Chinese currency or dollars may fluctuate over time and in the market. Therefore, it’s advisable to regularly check the current exchange rates before converting your cash. This is particularly crucial for business people, as knowing the exact amount and price to pay can help avoid confusion and disputes. Luckily, there are various ways to convert Riel and USD to CNY, including:
- Transfer directly via Bank in Cambodia, which costs you the most; however, it is safe and ensured by the bank.
- Transfer directly via Phnom Penh Markets, Russian Markets, Orussey Markets, and Phsa Thmey Markets, which may cost you time and negotiation.
- Looking for an intermediary to make a transaction, which may be dangerous if you choose services without a license.
Traditionally, finding the best exchange rate has been a time-consuming and challenging task that requires tracking daily denominations and visiting multiple stores or branches. However, with the Liberty application, you can complete your transactions quickly and easily with just a few taps on your mobile device. As a Liberty customer, you’ll also access attractive incentives through our “THE BEST EXCHANGE RATE IN CAMBODIA” program when you create online transactions. In addition, our loyal customers can earn points to redeem gifts and enjoy great deals. To use the Liberty App for cash transfers at an agent, just follow these simple steps:
- Step 1: Open the Liberty app, Home page, and choose “Cash Transfer at Agent” method
- Step 2: Carefully read the Instructions, and select the recipient country and currency
- Step 3: Fill in all details and confirm the information
- Step 4: Give QR code and cash to the teller at Liberty’s Agent
- Step 5: The process has been completed; Liberty’s teller receives money and processes the transaction.
*** The whole process only takes a few minutes.
In case customers are pressed for time or only have cash on hand (without money in the account), they can simply create a transaction QR code on the Liberty app. Our customer service team will then help to collect the money free of charge, as long as the distance is within 10 kilometers. Moreover, if you are looking for the best place for currency conversion, we highly recommend Liberty App. With our user-friendly app and excellent customer service, we strive to provide you with the most convenient and reliable currency exchange experience.
Alternatively, you can now seamlessly transfer and exchange currency online through the user-friend Liberty App. Give it a try today and experience the convenience for yourself.
Have a look at Liberty App Instruction: How to Exchange Currency Online and Offline in Cambodia: Cheap, Fast and Easy
After reading the helpful information above, you should now have a good understanding of currency denominations and how to exchange US dollars for the Chinese currency in Cambodia. If you need further assistance or would like to learn more about Liberty Exchange’s currency conversion services, which offer the best exchange rates in the Cambodian market, we invite you to try our Liberty Exchange app or contact us directly. You can reach us at (+855) 23 86 86 83 or (+855) 70 294 888; also, join our Telegram group at t.me/Libertycurrency for detailed advice on our services.
Notes when changing US dollars to China money in Cambodia
To save money on foreign currency exchange, it’s crucial to keep up to date with the latest exchange rates. But why spend hours tracking down the best rates when you can trust LIBERTY EXCHANGE & TRANSFER APP to provide the best exchange rates in Cambodia for free? Plus, with Liberty, you can convert your currency with confidence, knowing that you are getting the best deal. Here are the currency pairs currently supported by Liberty Exchange & Transfer, for your reference:
- USD – CNY, CNY – USD
- VND – USDT, USDT – VND
- VND – USD, USD – VND
- USDT – USD
