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using dollars in se asia?

Travel Forums Asia using dollars in se asia?

1. Posted by dar egan (Budding Member 67 posts) 9y

is dollars the best currency to use in laos,vietnam or cambodia or should i use the home currency of each country?

2. Posted by vegasmike6 (Travel Guru 3562 posts) 9y

Darren,
All three use dollars for larger purchases as their currency is not practical. In VN you get over 15,000VND for one dollar. You will convert some dollars into local for small purchases and trransport, but use dollars most of the time. Britsih pounds and euros are fine if you go to a bank or money changer, but stores and restaurants are used to dollars and can give you change in dollars or local currency.
Have a great time in SEA,

3. Posted by opospa (Travel Guru 1837 posts) 9y

Quoting dar egan

is dollars the best currency to use in laos,vietnam or cambodia or should i use the home currency of each country?

I heard that in Cambodia, they do accept USD....and Vietnam, some do accept and some dont....

4. Posted by Mel. (Travel Guru 4567 posts) 9y

Hello Dar Egan:)

I would just take Euros. No need to pay to exchange money twice.
Euros are afterall a major stable currency, so should be easy to change.

Mel

[ Edit: Edited on Sep 25, 2007, at 1:05 AM by Mel. ]

5. Posted by Budai (Respected Member 506 posts) 9y

US dollars are the de facto currency in Lao and Cambodia, less so in Vietnam, but it will still be accepted.

Normally you get change in a mixture of USD and local currency, so you'll amass a sizeable amount of local cash in no time, so you dont really have to worry about changing money. Another thing is u cant really spend Kip or Riel outside of their countries of origin, so USD is still the most practical currency by far.

6. Posted by arif_kool (Travel Guru 1757 posts) 9y

Even i carried Indian rupees when i was in SEA and got it converted directly in the local currency, thus saving on unnecessary double exchange rates

Arif

7. Posted by vegasmike6 (Travel Guru 3562 posts) 9y

Quoting Mel.

Hello Dar Egan:)

I would just take Euros. No need to pay to exchange money twice.
Euros are afterall a major stable currency, so should be easy to change.
Mel

Mel,
The Euro is a stable currency and are fine if you go to a bank or money changer and want to convert to dollars or local currency. But, you cannot expect a restaurant, guesthouse or souvenir shop to know the exchange rate for euros and give you change in local or dollars. The US dollar is just more common and was accepted everywhere I went in SEA.