Where to exchange money on Phu Quoc?
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Answered by Admin
On Phu Quoc, almost everywhere legal transactions are conducted in the local currency, dong. Foreign currency may only be accepted at some travel agencies and privately. Therefore, you cannot do without local money here. You can exchange any world currency on Phu Quoc without problems, but it is best to bring dollars or euros; the exchange rate for other currencies is lower. Cash rubles are not needed here at all; you won't be able to exchange them at a reasonable rate. Yuan are also accepted, but the rate here, and indeed throughout Vietnam, is less favorable than for dollars or euros.
As for the currency exchange rate on Phu Quoc, this is not a simple issue. We traveled to different areas, checked rates at different exchange offices, and came to the conclusion that exchanging currency here is less profitable than in large cities on the mainland. Moreover, there is a strong difference in rates between different areas of the island. The most favorable rate we found was at exchange offices in the old tourist area on Long Beach in Duong Dong. For example, near the famous KingKong Mart supermarket, there are several exchange offices with excellent rates, so if you need to exchange money profitably, you can go straight there and check the exchange offices in this area to compare rates. Here is where these exchange offices are on the map - https://maps.app.goo.gl/55WfmvvYMrnJX8ts6. In principle, even at Phu Quoc airport, the exchange rate is not bad; you can exchange money at least for the first time of your vacation.
More about vacation on Phu Quoc and everything you need to know before your vacation, read in our reliable guide here - https://nashaplaneta.net/asia/vietnam/phuquoc
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