Cambodian Riel

Cambodian Riel

Cambodian Riel overview

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 March 20, 1980. The symbol is encoded in Unicode at U+17DB ៛ KHMER CURRENCY SYMBOL RIEL (HTML ៛). Popular belief suggests that the name of the currency comes from 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.

1 KHR to USD exchange rates chart

KHR to  exchange rates chart

Cambodian Riel news

PPCBank diversifies loan portfolio to SMEs

PPCBank (Phnom Penh Commercial Bank) has seen noticeable business expansion in the two years since it was purchased by a joint venture between South Korea’s JB Financial Group Co Ltd and Apro Service Group Co Ltd. The bank is also diversifying its loan p

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Bank loan portfolios set to be at least 10% in local currency

Cambodian commercial banks are showing a stronger preference to provide riel loans to microfinance institutions (MFI) as they rush to increase the share of local currency in their loan portfolio to at least 10 per cent by the end of next year. The move

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Making palm sugar harvest attractive again

Kampong Speu Palm Sugar, which has a geographical indication (GI) status, is seeing lower production due to a labour shortage. Kampong Speu Palm Sugar Promotion Association (KSPSPA) president, Sam Saroeun, said on Tuesday that production fell from 300

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Aeon makes Southeast Asia malls e-money friendly

TOKYO -- Japanese retailer Aeon is employing digital tools at brick-and-mortar stores in its quest to remain competitive in the rapidly evolving

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Kim Sok to keep up fight ‘for change’ from Finland
Kim Sok to keep up fight ‘for change’ from Finland

Kim Sok, wanted by the Kingdom’s authorities for defaming the government, reiterated on Sunday his determination to continue helping to make “a real change” to Cambodian politics after receiving asylum in Finland, even as a government spokesman mocked the

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Kabiki
Kabiki

Read the Kabiki, Phnom Penh, Cambodia hotel review on Telegraph Travel. See great photos, full ratings, facilities, expert advice and book the best hotel deals.

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RHB Indochina targets mid-market biz segment
RHB Indochina targets mid-market biz segment

RHB plans to improve its asset quality by targeting mid-market business segments.

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MFI to issue first corporate bond
MFI to issue first corporate bond

Cambodian microfinance institution (MFI) Hattha Kaksekar Ltd (HKL) yesterday kicked off a roadshow for its first ever corporate bond in the Kingdom. Geared towards attracting prospective investors, it became the first company to issue corporate bonds in

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Bred bank aiming to break top 10
Bred bank aiming to break top 10

BRED Bank Cambodia, a subsidiary of BRED Banque Populaire, expressed satisfaction with its growth in Cambodia since the launch of its headquarter in March last year and recent opening of new branches.

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KHR currency converter