Cambodian riel

Cambodian riel
រៀលកម្ពុជា or រៀលខ្មែរ (Khmer)
ISO 4217
CodeKHR (numeric: 116)
Subunit0.01
Unit
Unitriel
Symbol
Denominations
Subunit
110kak (កាក់ kăk) (no longer used)
1100sen (សេន sén) (no longer used)
Banknotes
 Freq. used100៛, 200៛, 500៛, 1,000៛, 2,000៛, 5,000៛, 10,000៛, 20,000៛, 50,000៛
 Rarely used50៛ (no longer printed but still legal tender); 15,000៛ (commemorative); 30,000៛ (commemorative); 100,000៛ (commemorative); 200,000៛
Coins
 Rarely used50៛, 100៛, 200៛, 500៛
Demographics
ReplacedFrench Indochinese piastre
User(s) Cambodia
Issuance
Central bankNational Bank of Cambodia
 Websitewww.nbc.org.kh
Valuation
Inflation1.4%
 SourceThe World Factbook, 2015 est.
Pegged withU.S. dollar at 1 USD ≈ 4,100 KHR
Cambodian riel
Khmer name
Khmerរៀលកម្ពុជា
UNGEGN: Riĕl Kâmpŭchéa
ALA-LC: Rial Kambujā
IPA: [riəl kampuciə]
រៀលខ្មែរ
UNGEGN: Riĕl Khmêr
ALA-LC: Rial Khmaer
IPA: [riəl kʰmae]

The riel (/riˈɛl/; Khmer: រៀល, romanizedriĕl [riəl]; 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 20 March 1980. Since the late 1990s, the riel has had an unofficial fixed exchange rate of 4,100:1 with United States dollar, Cambodia's second de facto currency for commercial transactions.[1]

Popular belief suggests that the name of the currency comes from the Mekong river fish riĕl ("small fish" in Khmer). It is more likely that it derives from the high-silver content Spanish-American dollar, whose value is eight reales, a coin widely used for international trade in Asia and the Americas from the 16th to 19th centuries.[2]

  1. ^ "Cambodia's riel survives alongside the dollar – BBC News". BBC News. 30 March 2011.
  2. ^ Filippi, Jean-Michel. "The strange adventure of the Cambodian currency". Phenom Penh Post. Retrieved 16 March 2012.