PAR
KHR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Parallel(PAR) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 PAR at a value of 1 PAR for 3,258.40 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
KHR information
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.
Bitget crypto-to-fiat exchange data shows that the most popular Parallel currency pair is the PAR to KHR, with for Parallel's currency code being PAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.
PAR to KHR conversion rate trend
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In the past 1D, Parallel has changed +2.89% to KHR. Based on the trend and price charts, Parallel(PAR) has changed +2.89% to KHR while Cambodian Riel(KHR) has changed % to PAR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ៛3,258.4 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/07 08:34:42(UTC+0)
How to buy Parallel
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Buy Parallel (PAR)
Use a variety of payment options to buy Parallel on Bitget. We'll show you how.
Buy PAR (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading does not currently support direct buying of PAR with KHR. However, you can buy USDT in Bitget P2P trading first, and then buy PAR with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell PAR (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading currently does not support direct selling of PAR to KHR. However, you can first exchange PAR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Parallel to Cambodian Riel?
Parallel to Cambodian Riel is rising this week.Parallel's current market price is ៛ 3,258.4 per PAR, with a total market cap of ៛ 0 KHR based on a circulating supply of -- PAR. The trading volume of Parallel has changed by -97.46% (៛ -20,938,044.44 KHR) in the last 24 hours. Last trading day, PAR's trading volume was ៛ 21,482,805.42.
Market cap
$0
24h volume
$133.84790658
Circulating supply
0 PAR
Conversion tables
The exchange rate of Parallel is increasing.1 PAR is currently valued at ៛ 3,258.4 KHR , which means buying 5 PAR will cost ៛ 16,292 KHR . Similarly, ៛1 KHR can be traded for 0.0003069 PAR, and ៛50 KHR can be converted to 0.01534 PAR, excluding any platform or gas fees.
The exchange rate of 1 PAR to Cambodian Riel has changed by +108.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.89%, reaching a high of 3,260.76 KHR and a low of 3,165.86 KHR . One month ago, the value of 1 PAR was ៛ 1,571.11 KHR , which represents a +107.39% change from its current value. Over the last year, Parallel has changed by , resulting in a change of -24.49% in its value.
-៛
1,057.03KHRPAR to KHR
Amount
16:28 today
0.5 PAR
៛1,629.2
1 PAR
៛3,258.4
5 PAR
៛16,292
10 PAR
៛32,584
50 PAR
៛162,919.98
100 PAR
៛325,839.97
500 PAR
៛1,629,199.84
1000 PAR
៛3,258,399.67
KHR to PAR
Amount16:28 today
0.5KHR0.0001534 PAR
1KHR0.0003069 PAR
5KHR0.001534 PAR
10KHR0.003069 PAR
50KHR0.01534 PAR
100KHR0.03069 PAR
500KHR0.1534 PAR
1000KHR0.3069 PAR
Today vs. 24 hours ago
| Amount | 16:28 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAR | $0.4003 | $0.3890 | +2.89% |
| 1 PAR | $0.8006 | $0.7781 | +2.89% |
| 5 PAR | $4 | $3.89 | +2.89% |
| 10 PAR | $8.01 | $7.78 | +2.89% |
| 50 PAR | $40.03 | $38.9 | +2.89% |
| 100 PAR | $80.06 | $77.81 | +2.89% |
| 500 PAR | $400.29 | $389.03 | +2.89% |
| 1000 PAR | $800.59 | $778.07 | +2.89% |
Today vs. 1 month ago
| Amount | 16:28 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAR | $0.4003 | $0.1930 | +107.39% |
| 1 PAR | $0.8006 | $0.3860 | +107.39% |
| 5 PAR | $4 | $1.93 | +107.39% |
| 10 PAR | $8.01 | $3.86 | +107.39% |
| 50 PAR | $40.03 | $19.3 | +107.39% |
| 100 PAR | $80.06 | $38.6 | +107.39% |
| 500 PAR | $400.29 | $193.01 | +107.39% |
| 1000 PAR | $800.59 | $386.02 | +107.39% |
Today vs. 1 year ago
| Amount | 16:28 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAR | $0.4003 | $0.5302 | -24.49% |
| 1 PAR | $0.8006 | $1.06 | -24.49% |
| 5 PAR | $4 | $5.3 | -24.49% |
| 10 PAR | $8.01 | $10.6 | -24.49% |
| 50 PAR | $40.03 | $53.02 | -24.49% |
| 100 PAR | $80.06 | $106.03 | -24.49% |
| 500 PAR | $400.29 | $530.15 | -24.49% |
| 1000 PAR | $800.59 | $1,060.3 | -24.49% |
Parallel price prediction
What will the price of PAR be in 2025?
Based on PAR's historical price performance prediction model, the price of PAR is projected to reach $1.38 in 2025.
What will the price of PAR be in 2030?
In 2030, the PAR price is expected to change by -5.00%. By the end of 2030, the PAR price is projected to reach $2.89, with a cumulative ROI of +261.00%.
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Popular Parallel conversions
Check out these popular currency conversions of Parallel to several fiat currencies.
Parallel to USD
1 PAR to $ 0.8006 USD
Parallel to GBP
1 PAR to £ 0.6160 GBP
Parallel to EUR
1 PAR to € 0.7405 EUR
Parallel to KRW
1 PAR to ₩ 1,106.7 KRW
Parallel to CAD
1 PAR to $ 1.11 CAD
Parallel to AUD
1 PAR to $ 1.2 AUD
Parallel to JPY
1 PAR to ¥ 122.46 JPY
Parallel to BRL
1 PAR to R$ 4.55 BRL
Parallel to CNY
1 PAR to ¥ 5.74 CNY
Parallel to TWD
1 PAR to NT$ 25.71 TWD
Popular cryptocurrencies to KHR
Explore other cryptocurrencies based on your interest in Parallel.
Bitcoin to KHR
1 BTC to ៛ 308,460,721.25 KHR
PAPO NINJA to KHR
1 PAPO to ៛ -- KHR
Dogecoin to KHR
1 DOGE to ៛ 785.75 KHR
SolarX to KHR
1 SXCH to ៛ -- KHR
UXLINK to KHR
1 UXLINK to ៛ -- KHR
Solana to KHR
1 SOL to ៛ 781,612.2 KHR
Grass to KHR
1 GRASS to ៛ -- KHR
Sui to KHR
1 SUI to ៛ 9,391.93 KHR
Ethereum to KHR
1 ETH to ៛ 11,539,035.27 KHR
X Empire to KHR
1 X to ៛ 0.3475 KHR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Parallel and KHR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Parallel and KHR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Parallel in KHR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
