Un-Riel Experience

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Luigi
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Un-Riel Experience

Post by Luigi » Mon Feb 12, 2018 12:45 pm

Today was a first for me. Shopped for a few item from one of the small stores on Victory Hill. Totaled $17.40 US. Offered up 62,000 Riel & $2.00 US$. They refused the Riel & wanted all US$ which I did not have.
I was struck speechless which is prolly best. Just turned & walked away.
2 yrs. ago the pharmacy at the Lions would not accept US$.
WTF is going on?
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Cam Nivag
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Re: Un-Riel Experience

Post by Cam Nivag » Mon Feb 12, 2018 1:29 pm

Did they ask for more riel?
Luigi
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Re: Un-Riel Experience

Post by Luigi » Mon Feb 12, 2018 2:03 pm

No. Wanted US$ only! ????
Besides, the current exchange is $1.00US = 4,000KHR.
pczz
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Re: Un-Riel Experience

Post by pczz » Mon Feb 12, 2018 2:03 pm

this is the new dollar sign ¥
Khmer have cottoned on to fluctuation in riel. You give them dollar theyrip you in the change. it don't work if you give them riel. think $1 is 4013 ish today
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Kammekor
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Re: Un-Riel Experience

Post by Kammekor » Mon Feb 12, 2018 3:55 pm

Luigi wrote:
Mon Feb 12, 2018 2:03 pm
No. Wanted US$ only! ????
Besides, the current exchange is $1.00US = 4,000KHR.
Most shops have a sign they charge 4.100 for a dollar. Then 40k riel for 10$ is not enough.
pczz
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Re: Un-Riel Experience

Post by pczz » Mon Feb 12, 2018 4:06 pm

Kammekor wrote:
Mon Feb 12, 2018 3:55 pm
Luigi wrote:
Mon Feb 12, 2018 2:03 pm
No. Wanted US$ only! ????
Besides, the current exchange is $1.00US = 4,000KHR.
Most shops have a sign they charge 4.100 for a dollar. Then 40k riel for 10$ is not enough.
Most of the Khmer places don't do that yet in PP. minimarts and supermarkets do
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Kammekor
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Re: Un-Riel Experience

Post by Kammekor » Mon Feb 12, 2018 4:12 pm

pczz wrote:
Mon Feb 12, 2018 4:06 pm
Kammekor wrote:
Mon Feb 12, 2018 3:55 pm
Luigi wrote:
Mon Feb 12, 2018 2:03 pm
No. Wanted US$ only! ????
Besides, the current exchange is $1.00US = 4,000KHR.
Most shops have a sign they charge 4.100 for a dollar. Then 40k riel for 10$ is not enough.
Most of the Khmer places don't do that yet in PP. minimarts and supermarkets do
Most Khmer places I know quote in riel, but this was Victory Hill.
Luigi
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Re: Un-Riel Experience

Post by Luigi » Mon Feb 12, 2018 8:19 pm

Well I did not focus on it much post experience. Just seemed a lill odd. I went round the corner & purchased the exact same items for 2,00KHR less. LOL
Obviously will not visit there again. I'm sure they miss me already. :D
superferret
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Re: Un-Riel Experience

Post by superferret » Fri Feb 16, 2018 9:40 pm

Sounds to me just like a typical episode of the mentally challenged you encounter here on a daily basis.
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John Bingham
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Re: Un-Riel Experience

Post by John Bingham » Fri Feb 16, 2018 10:52 pm

Luigi wrote:
Mon Feb 12, 2018 12:45 pm
Today was a first for me. Shopped for a few item from one of the small stores on Victory Hill. Totaled $17.40 US. Offered up 62,000 Riel & $2.00 US$. They refused the Riel & wanted all US$ which I did not have.
I was struck speechless which is prolly best. Just turned & walked away.
WTF is going on?
This practice is very much against recent government initiatives to encourage more use of the local currency. It's only recently become mandatory to display Riel prices as well as dollar ones, which of course is a policy that is not necessarily adhered to all of the time. I noticed my bank displaying a sign encouraging me to take out Riel recently, I'd use them more if they had larger notes in circulation. I've been here a while and have rarely seen anything bigger than a 20,000 note (about $5). :(
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