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My experience has been always an unhappy face from a waitress or a mart cashier and a “do you have smaller bills, sir?” when I pull out a 100 usd note to pay. Tired of this. Now I just try to pay with a bank card when I can.
I don't understand people who only use dollars here. There is no benefit in changing a $100 bill into smaller dollar bills for a money changer so of course they will charge you for it. I don't remember ever doing that, but I regularly go to money changers and get, for example, $30 in Riel and the rest in dollars for a $100 bill.
John Bingham wrote: ↑Thu Nov 21, 2019 10:49 pm I regularly go to money changers and get, for example, $30 in Riel and the rest in dollars for a $100 bill.
Are they happy to do this? I will try this trick then, thanks.
This is what they do as business, I can't figure out how it is profitable but it obviously is or they wouldn't bother. It's a whole lot better than getting scalped at an exchange in the west where there's a minimum $3 commission or whatever + extra charges.
My wife clarified for me she gets the going rate.
Since, we usually say $1=$4,000 riel...if the rate that day is $4,100 she gets more riel back in a transaction where she is breaking the bill 50/50.
I think most people on here are already aware that you give your Khmer wife or a trusted friend your dough to go shopping or to money exchanges.
Even my wife dresses down to go to the local markets. She does not roll into them looking like she did at the airport a few days ago.