PURSE to KHR Converter and calculator


Conversion rates
Convert PURSE to KHR
Convert KHR to PURSE
PURSE to KHR chart
PURSE to KHR conversion data: Volatility and price changes of Pundi X PURSE in KHR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2775 KHR | 0.6969 KHR | 0.6969 KHR | 3.38 KHR |
Low | 0.2197 KHR | 0.1571 KHR | 0.1364 KHR | 0.1364 KHR |
Average | 0 KHR | 0 KHR | 0 KHR | 0 KHR |
Volatility | % | % | % | % |
Change | +2.61% | +43.07% | +57.54% | -41.86% |
Pundi X PURSE information
PURSE to KHR market statistics
Current PURSE to KHR exchange rate
Pundi X PURSE to Cambodian Riel is rising this week.More info about Pundi X PURSE on Bitget
Cambodian Riel 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.
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PURSE to KHR Conversion tables
Amount | 11:28 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PURSE | ៛0.1129 | ៛0.1101 | +2.61% |
1 PURSE | ៛0.2259 | ៛0.2201 | +2.61% |
5 PURSE | ៛1.13 | ៛1.1 | +2.61% |
10 PURSE | ៛2.26 | ៛2.2 | +2.61% |
50 PURSE | ៛11.29 | ៛11.01 | +2.61% |
100 PURSE | ៛22.59 | ៛22.01 | +2.61% |
500 PURSE | ៛112.94 | ៛110.07 | +2.61% |
1000 PURSE | ៛225.88 | ៛220.14 | +2.61% |
PURSE to KHR FAQ
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