Wednesday, February 9, 2011

Riel and the US Dollar



Eating here is soooo cheap.  That fresh coconut was $1.  The beer was $.50.   We had a really nice dinner, some of the best food I've had here, and it cost a total of $2.  The currency is the Riel.  $1 equals around 4000 Riel.

The funny thing is that they take US money just as much as they take the Riel.  Most of the prices you see on menus and on items in the stores are in USD.    It's weird using 2 currencies.  If you pay with a $20 (80,000 Riel) you will probably get some USD back and some Riel back.   USD is the only other currency they take.   You can't even use Thai money or Vietnamese money and they are thousands of miles closer than the US. 

Overall you don't have to tip.  We'll leave a few hundred Riel usually.  But that's only $.10. 

1 comment:

Elliot Kammeyer said...

I wish I could eat out with Julie for $5 and have a beer. Thats really cool.

Its nice visiting a foreign country that takes US currency. Its that way all over the world because the USD is the worlds strongest currency with the least risk of default, making the money worthless (like German currency in the 1930s). I bet you'll find that in China too, considering their currency is linked to ours via the massload of government debt they buy.