cambodian currency


cambodian currency

Watch my video cambodian currency and learn about the Cambodian Riel. I show you how to convert Cambodian riel (KHR) currency and Indian Rupee (INR) currency. I use an online currency converter and calculator.

The riel (Khmer: រៀល; sign: ៛; code: KHR) is the currency of Cambodia. There have been two distinct riel, the first issued between 1953 and May 1975. Between 1975 and 1980, the country had no monetary system. A second currency, also named “riel”, has been issued since April 1, 1980. However, this currency has never gained much public acceptance, with most Cambodians preferring foreign currency.The UN peacekeeping operation of 1993 injected a large quantity of U.S. dollars into the local economy. As a result, the dollar has become the country’s common currency.Riel notes are used for fractional dollar amounts as U.S. coins are not in circulation. The symbol is encoded in Unicode at U+17DB ៛ khmer currency symbol riel (HTML ៛).

Popular belief suggests that the name of the currency comes the Mekong river fish, the riel (“small fish” in Khmer). It is more likely that the name derives from the high silver content Mexican Real used by Malay, Indian and Chinese merchants in mid-19th-century Cambodia.[2]

cambodian currency

Contact: Christos Pittis

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