While visiting Phnom Penh, Cambodia’s bustling metropolis, it’s best to know reliable and efficient currency exchange services. As a foreign tourist, you’ll need to exchange your cash into Cambodian Riel or US dollars, the country’s two primary currencies. Finding a trustworthy and convenient service provider for money exchange in Phnom Penh, on the other hand, might be difficult, especially for first-time tourists.
Thankfully, Phnom Penh has a variety of currency exchange services to meet the demands of visitors. There are several venues to convert money in the city, ranging from huge banks to tiny, independent currency exchange shops. The exchange rate, commission costs, convenience, and safety are all important considerations to consider when selecting a currency exchange in Phnom Penh. In this article, we’ll explore four best places from Liberty Exchange to exchange your money in Phnom Penh, from the Phnom Penh international airport to the city center.
Money exchange Phnom Penh – Top 4 agents
Liberty Money Exchange Phnom Penh (Hun Sen street)
Location: 14 Samdech Hun Sen Street, Phnom Penh, Cambodia
Hours of Operation: 10am-10pm, 7 days a week
Tel: (+855) 70 294 888
Currencies Exchanged: USD, KHR, CNY, VND, INR, GBP, AED, PKR, NGN, LKR, KWD, QAR, OMR, BHD, especially USDT
This exchange service is located in the center of Phnom Penh, making it a convenient location for tourists who are staying in the city. It offers a wide variety of currencies to exchange, including popular ones such as US Dollars, Euros, and British Pounds, as well as lesser-known ones like Japanese Yen and Thai Baht.
Liberty Currency Exchange Phnom Penh (Headquarters)
Location: 8th Fl., Block B, KINGS VIEW OFFICE BUILDING, St Keo Chenda, Phum 3, Sangkat Chhroy Chongva, Khan Chhroy Changva, Phnom Penh
Hours of Operation: 8am-5pm, Monday to Friday
Tel: (+855) 70 294 888
Currencies Exchanged: USD, KHR, CNY, VND, INR, GBP, AED, PKR, NGN, LKR, KWD, QAR, OMR, BHD, especially USDT
This exchange service is located in the headquarters of a reputable financial institution, providing added security and reliability. It operates during business hours on weekdays, making it suitable for those who prefer to exchange money during the day.
Liberty Currency Exchange Phnom Penh Airport
Location: Phnom Penh International Airport – 1B Russian Federation Blvd (110), Phnom Penh
Hours of Operation: 10am-10pm, 7 days a week
Currencies Exchanged: USD, KHR, CNY, VND, INR, GBP, AED, PKR, NGN, LKR, KWD, QAR, OMR, BHD, especially USDT
This exchange service is conveniently located in the airport, making it an ideal option for tourists who need to exchange money upon arrival or departure. It offers a variety of currencies, including major ones like US Dollars and Euros.
Money exchange via Liberty App
Location: Online – accessible from anywhere in Phnom Penh or Cambodia, and internationally.
Hours of Operation: 24/7
Currencies Exchanged: USD, KHR, CNY, VND, INR, GBP, AED, PKR, NGN, LKR, KWD, QAR, OMR, BHD, especially USDT
The Liberty App is an online money exchange platform that enables users to exchange money from anywhere, at any time. It offers competitive rates and a wide range of currencies, making it a convenient option for tourists who prefer to use their mobile devices for transactions. It can be used within Phnom Penh, throughout Cambodia, and internationally.
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How to exchange money in Phnom Penh
If you wondered how to execute money exchange in Phnom Penh, this guide is made for you. Overall, the process of currency exchange in Phnom Penh is quite simple, all you need to do is be careful when choosing a service provider and making transactions, which is no longer a concern with Liberty Currency Exchange.
- Explore money exchange services: Utilize internet resources or ask locals or hotel employees for suggestions to identify a dependable and reputable money exchange service in the region.
- Examine the following currency rates: To discover the best exchange rate, compare the prices at many different money exchange businesses. Keep in mind that currency rates might fluctuate greatly, so compare before making a selection.
- Examine the fees: In addition to conversion rates, find out if the money exchange firm charges any fees or commissions. These costs vary according to the provider and can have a substantial influence on the amount of money you get.
- Visit the money exchange service: Once you’ve chosen on a money exchange service, pay them a visit during business hours. You may also utilize internet exchange services, which are accessible 24 hours a day, seven days a week.
- Finish the transaction: Provide the exchange service your identity and local cash, and they will give you the corresponding amount in Cambodian Riel or any chosen currencies.
- Count your cash: Check the amount you got to confirm it matches the agreed-upon exchange rate and any fees or commissions incurred before leaving the exchange service.
- Safely store your money: Once you’ve converted your currency, store your new cash in a secure location, such as a hotel safe or money belt, to avoid loss or theft.
Bank branches – A considerable option
Banks in Phnom Penh provide currency exchange services, however their prices are often lower than those provided by forex businesses. If you want to stay in the city for a lengthy amount of time, it is a good idea to create a local bank account to avoid hefty bank fees. Bank branches may be found along prominent routes and near tourist attractions across Phnom Penh, with several head offices located on Preah Ang Duong and Preah Monivong, only a short walk from Democracy Park and the Central Market.
Overall, exchanging money in Phnom Penh can be a straightforward process with the right preparation and caution. It is essential to choose a reliable and convenient money exchange service that provides competitive rates and ensures safety. With Liberty Exchange, travelers can also enjoy the convenience of exchanging money online, making the process even more accessible!
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