US$1 and US$5 bills going out of circulation?

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Matthew Robinson
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US$1 and US$5 bills going out of circulation?

Post by Matthew Robinson »

As most probably know, the National Bank of Cambodia gave banks and MFIs until 31 August to 'collect' all US$1 and US$5 notes for 'shipping out of the country' in order to promote wider use of the Khmer Riel. I've noticed that shops have recently given me all my small change in Riel when I presented then with, say, a US$20 bill or a US$50 bill. Has anyone had any experience of any traders, shops, tuk tuk and taxi drivers, banks, MFIs etc refusing to accept these two smaller US dollar bills?
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Kammekor
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Re: US$1 and US$5 bills going out of circulation?

Post by Kammekor »

Matthew Robinson wrote: ↑Mon Sep 07, 2020 10:55 am As most probably know, the National Bank of Cambodia gave banks and MFIs until 31 August to 'collect' all US$1 and US$5 notes for 'shipping out of the country' in order to promote wider use of the Khmer Riel. I've noticed that shops have recently given me all my small change in Riel when I presented then with, say, a US$20 bill or a US$50 bill. Has anyone had any experience of any traders, shops, tuk tuk and taxi drivers, banks, MFIs etc refusing to accept these two smaller US dollar bills?
No.
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Soriya
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Re: US$1 and US$5 bills going out of circulation?

Post by Soriya »

Matthew Robinson wrote: ↑Mon Sep 07, 2020 10:55 am As most probably know, the National Bank of Cambodia gave banks and MFIs until 31 August to 'collect' all US$1 and US$5 notes for 'shipping out of the country' in order to promote wider use of the Khmer Riel. I've noticed that shops have recently given me all my small change in Riel when I presented then with, say, a US$20 bill or a US$50 bill. Has anyone had any experience of any traders, shops, tuk tuk and taxi drivers, banks, MFIs etc refusing to accept these two smaller US dollar bills?
Yes, shops on st.2004 refusing 1 and 5$ notes
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samrong01
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Re: US$1 and US$5 bills going out of circulation?

Post by samrong01 »

Supermarkets in Siem Reap are mostly giving change in Riel but still accept $1s and $5 and occasionally will use these notes in change. Result is my wallet is filled to bursting with Riel - every time there is $1 change I get at least 4 1000 riel notes. Other shops do not seem to care one way or another - possibly because many of them do not use banks.
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Clutch Cargo
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Re: US$1 and US$5 bills going out of circulation?

Post by Clutch Cargo »

Earlier topic: newsworthy/topic38467-60.html?hilit=Small%20bills
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Doc67
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Re: US$1 and US$5 bills going out of circulation?

Post by Doc67 »

I have noticed it, lots of 5,10 and 20k riel notes seem to be offered in change.

5k are the new $1 (give or take) and 20K is the new $5.

Wait till they start pricing in riel and giving change in a mix of $'s and Riel, after a few beers it could start getting tricky.
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siliconlife
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Re: US$1 and US$5 bills going out of circulation?

Post by siliconlife »

Got a handful of dollar bills. Not having any luck using them in Battambang, although I am getting a lot of sellers trying to off their $1 bills to me in change.
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Arget
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Re: US$1 and US$5 bills going out of circulation?

Post by Arget »

If you have trouble getting rid of $1 or damaged $5 then use one of those machines that take cash to top up your phone.
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xandreu
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Re: US$1 and US$5 bills going out of circulation?

Post by xandreu »

Anyone seen the new 15000 Riel Notes? I had one the other day. (about $3.75 is the answer to your next question)
The difference between animals and humans is that animals would never allow the dumb ones to lead the pack.
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AzalKH
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Re: US$1 and US$5 bills going out of circulation?

Post by AzalKH »

xandreu wrote: ↑Mon Sep 07, 2020 1:35 pm Anyone seen the new 15000 Riel Notes? I had one the other day. (about $3.75 is the answer to your next question)
Received one about 8 months ago and haven't seen another since. The slightly ridiculous size aside, I quite liked it.
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