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ITA
ITA
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
៛4,009.37
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Gate.io
៛3,946.94
0.1000% / 0.1000%
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$0
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$31.92K
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0 ITA

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0.5 ITA
1,982.94
1 ITA
3,965.88
5 ITA
19,829.39
10 ITA
39,658.77
50 ITA
198,293.87
100 ITA
396,587.73
500 ITA
1,982,938.66
1000 ITA
3,965,877.32

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0.5KHR0.0001261  ITA
1KHR0.0002522  ITA
5KHR0.001261  ITA
10KHR0.002522  ITA
50KHR0.01261  ITA
100KHR0.02522  ITA
500KHR0.1261  ITA
1000KHR0.2522  ITA

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0.5 ITA$0.4878$0.4861
+0.35%
1 ITA$0.9757$0.9723
+0.35%
5 ITA$4.88$4.86
+0.35%
10 ITA$9.76$9.72
+0.35%
50 ITA$48.78$48.61
+0.35%
100 ITA$97.57$97.23
+0.35%
500 ITA$487.83$486.13
+0.35%
1000 ITA$975.66$972.27
+0.35%

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0.5 ITA$0.4878$0.5334
-8.55%
1 ITA$0.9757$1.07
-8.55%
5 ITA$4.88$5.33
-8.55%
10 ITA$9.76$10.67
-8.55%
50 ITA$48.78$53.34
-8.55%
100 ITA$97.57$106.68
-8.55%
500 ITA$487.83$533.41
-8.55%
1000 ITA$975.66$1,066.83
-8.55%

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0.5 ITA$0.4878$0.5836
-16.41%
1 ITA$0.9757$1.17
-16.41%
5 ITA$4.88$5.84
-16.41%
10 ITA$9.76$11.67
-16.41%
50 ITA$48.78$58.36
-16.41%
100 ITA$97.57$116.72
-16.41%
500 ITA$487.83$583.59
-16.41%
1000 ITA$975.66$1,167.19
-16.41%

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