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About the compounding, you could deposit the interest in a separate deposit. It's a bit of a hassle, every year again, but that way you can more or less compound. Don't forget they will deduct income tax from your interest, so 7.6% doesn't mean 38% in 5 years time.

About the KHR, do you know you can't exchange your KHR anywhere outside of Cambodia? I wouldn't put any savings in those, despite the National Bank of Cambodia having a solid track record of pegging it to the USD.
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I see your point, but actually it's not clear to me if the interest are paid every year and not reinvested (compounded) or all at the end (this would be a big problem to close before the expiry date because lose all the interest to the basic rate which I actually I don't know; I have to ask as suggested).

Anyway I have a 2 year deposit that expire Apr'24, so I will check how much they give me.
From bank statement, I did not get any interest last Apr'23, but some in Jan'24 even if not exactly the amount I expected.
Not living in Cambodia, it's difficult to ask for clarification.


About the KHR, I can hold the fixed deposit in KHR and convert to USD at the end
it's actually very easy because with Canadia app let me change KHR to USD and viceversa in real time (I have both accounts at the same bank) losing very little money.

The interest is paid & taxed yearly.