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BISKIT
BISKIT
swap
KHR
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About Cambodian Riel (KHR)

The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.

Historical Background

The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.

Design and Symbolism

The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.

Economic Role

The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.

Monetary Policy and Inflation

Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.

International Trade and the Cambodian Riel

The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
៛489.72
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$0
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0 BISKIT

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0.5 BISKIT
244.86
1 BISKIT
489.72
5 BISKIT
2,448.62
10 BISKIT
4,897.25
50 BISKIT
24,486.24
100 BISKIT
48,972.48
500 BISKIT
244,862.4
1000 BISKIT
489,724.81

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0.5KHR0.001021  BISKIT
1KHR0.002042  BISKIT
5KHR0.01021  BISKIT
10KHR0.02042  BISKIT
50KHR0.1021  BISKIT
100KHR0.2042  BISKIT
500KHR1.02  BISKIT
1000KHR2.04  BISKIT

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0.5 BISKIT$0.06002$0.09733
-38.34%
1 BISKIT$0.1200$0.1947
-38.34%
5 BISKIT$0.6002$0.9733
-38.34%
10 BISKIT$1.2$1.95
-38.34%
50 BISKIT$6$9.73
-38.34%
100 BISKIT$12$19.47
-38.34%
500 BISKIT$60.02$97.33
-38.34%
1000 BISKIT$120.03$194.67
-38.34%

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0.5 BISKIT$0.06002$0.02025
+196.32%
1 BISKIT$0.1200$0.04051
+196.32%
5 BISKIT$0.6002$0.2025
+196.32%
10 BISKIT$1.2$0.4051
+196.32%
50 BISKIT$6$2.03
+196.32%
100 BISKIT$12$4.05
+196.32%
500 BISKIT$60.02$20.25
+196.32%
1000 BISKIT$120.03$40.51
+196.32%

calculator.detail.price_year

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0.5 BISKIT$0.06002$0.03602
+66.63%
1 BISKIT$0.1200$0.07203
+66.63%
5 BISKIT$0.6002$0.3602
+66.63%
10 BISKIT$1.2$0.7203
+66.63%
50 BISKIT$6$3.6
+66.63%
100 BISKIT$12$7.2
+66.63%
500 BISKIT$60.02$36.02
+66.63%
1000 BISKIT$120.03$72.03
+66.63%

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