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

The project weaving a brighter future for Cambodia's rural women
The project weaving a brighter future for Cambodia's rural women

A Cambodian social enterprise is giving the ancient art of Khmer weaving a modern twist – and supporting rural women at the same time

about 1 month indicative positive
RHB Indochina Bank to strengthen position in Cambodia

CAMBODIA: RHB Indochina Bank Limited, a member of the RHB Banking Group, is poised to strengthen its position in Cambodia and the Indochina region nex...

about 2 months conditional positive
Kingdom’s public debt-to-GDP ratio remains low risk, says IMF

Cambodia's public debt-to-GDP ratio remains low risk this year. This means the Kingdom is able to afford more debt to maintain economic growth while assuring good returns on its investments, says Jarkko Turunen, a senior economist at the International

about 2 months conditional positive
How Cambodia’s prime minister rigged an election

The re-election of Cambodian Prime Minister Hun Sen contributes to the growing global democratic crisis. Here's why.

about 2 months indicative neutral
NBC halts interest payouts on reserves of Kingdom’s banks

The National Bank of Cambodia has announced that it will stop offering interest payments to banks in the Kingdom for their currency reserves. Banking sector leaders say the move will not alter current business models. While the decision to cut off

about 2 months conditional negative
Riel loan interest rates on par with dollar counterparts

Interest rates for microfinance loans issued in Cambodian riel have decreased to the same level as those given in US dollar, a change industry insiders claim is an upside for circulation of the local currency that is being driven in part by the 18

about 2 months conditional negative
Dollar use hurting national economy

Dollarisation in Cambodia’s economy remains very high, leading to increased local costs and reducing the appeal of the Kingdom’s exports, Chea Serey, director general of the National Bank of Cambodia (NBC), said at a business conference in Phnom Penh yes

about 2 months conditional positive
Senate approves law ​on citizenship

The Senate on Monday approved a controversial set of laws on citizenship, claiming the draft would improve the process by which foreigners applied for Cambodian citizenship. However, watchdogs and social media users criticised the move, saying it would

about 2 months conditional neutral
PM signs sub-decree on SME tax incentives

Small- and Medium Enterprises (SMEs) in Cambodia will receive tax incentives as the government intends to promote their development to create jobs and increase domestic production capacity. The sub-decree on tax incentives for SMEs in priority sectors,

about 2 months conditional neutral
Lenders foresee challenges in raising the local currency ratio

Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as t

about 2 months conditional neutral

KHR currency converter