Digital currency issued in Cambodia
the first country to recognize bitcoin as legal was Germany, which first defined bitcoin as an alternative currency. Of course, in the future, sovereign digital currencies may be popular, and digital cryptocurrencies such as bitcoin, Ruitai coin, Laite coin and vitality coin will become a supplement.
The currency used in Cambodia is called Riel
Cambodian Riel, also known as Cambodian Riel; J RI., standard symbol: KHR) the legal tender name of Cambodia
e to the daily fluctuation of Riel value, there is a real demand for high face value notes. A batch of 1000 Riel banknotes made in Russia and 2000 Riel banknotes printed in Germany, which Hun Sen intended to issue, were transported to Cambodia in early 1993 P>
expansion:
development course
from 1941 to 1945, ring the two World War, French Indochina was first administered by the Vichy government of France (then the Japanese Alliance), and later ruled by the Japanese. After the surrender of Japan and the return of France to Indochina, the Federation of Indochina was established, giving each country a limited independence within the French Federation, which continued until 1954 when Kampuchea was completely independent. p>
after Cambodia's independence from France until October 1955, Cambodia was unable to issue its own currency. After that, the National Bank of Cambodia was responsible for the issuance of all currencies until the Khmer Rouge captured Phnom Penh on April 17, 1975
The initial series of notes were printed in France and issued in March 1995. Interestingly, the designs of these notes are all based on the designs of the coins that were issued in the 1950s and 1960s. The green 1000 Riel note is almost the same as the red 5 Riel note that was first issued in 19615000 Riel is a of October Riel in 1962. The other 1000 Riel is equivalent to 100 Riel in 1956. 20000 Riels originated in January 1956. 50000 Riels originated in 1963. 100000 Riels, though not obvious, also came from 500 Riels in 1956
The general legal tender of Cambodia is KHR, which is issued by the Central Bank of Cambodia. As early as 1863, the king of Cambodia made a treaty to take reil as the national legal tender
the currency issued in Cambodia is called Riel, with denominations of 100 Riel, 500 Riel, 1000 Riel, 2000 Riel, 5000 Riel (not yet issued), 10000 Riel, 20000 Riel, 50000 Riel and 100000 Riel respectively
the currency commonly used in Cambodia is US dollar in addition to Riel, and the exchange rate between Riel and US dollar is still fixed, usually one US dollar can be exchanged for 4000 Riel
The initial series of banknotes were printed in France and issued in March 1995. Interestingly, the designs of these notes are all based on the designs of the coins that were issued in the 1950s and 1960s. The green 1000 Riel note is almost the same as the red 5 Riel note that was first issued in 1961. Similarly, the 2000 Riel note is almost a replica of the blue 50 Riel, which was launched in 1956 5000 Riel is a of October Riel in 1962. The other 1000 Riel is equivalent to 100 Riel in 1956. 20000 Riels originated in January 1956. 50000 Riels originated in 1963. 100000 Riels, though not obvious, also came from 500 Riels in 1956
exchange rate
1 RMB (CNY) = 584.46 KHR
1 US dollar (USD) = 4000 KHR
1 (GBP) = 5983.6 KHR
1 EUR = 4322 KHR
Rael
Riel is the name of Cambodian legal tender, also known as Cambodian Riel (original symbol: cr.); J RI, standard symbol: KHR)
The initial series of notes were printed in France and issued in March 1995. Interestingly, the designs of these notes are all based on the designs of the coins that were issued in the 1950s and 1960sthe green 1000 Riel note is almost the same as the red 5 Riel note which was first issued in 1961. Similarly, the 2000 Riel note is almost a replica of the blue 50 Riel, which was launched in 1956. 5000 Riels is a replica of the October Riels of 1962
{rrrrrrr}
extended materials:
history of issue
on August 11, 1863, King Norodom I of Cambodia signed a treaty with France, making France a protectorate of Cambodia. It is also known as the French Indochina with Laos and Vietnam. p>
after Cambodia's independence from France until October 1955, Cambodia was unable to issue its own currency. After that, the National Bank of Cambodia was responsible for the issuance of all currencies until the Khmer Rouge captured Phnom Penh on April 17, 1975
throughout the 1980s, the Democratic National Bank of Cambodia became the National Bank of Cambodia as Cambodia became more free and market-oriented. In the early 1990s, it changed its name back to the National Bank of Cambodia
In 1992, the UN peacekeeping forces entered Cambodia, which put great pressure on the Cambodian economy. The value of the Cambodian Riel depreciated from 800 Riel to 2000 Riel to us dollar< br />& 160; 160; 160; 160; 160; Cambodian Riel, also known as Cambodian Riel (original symbol: cr.); J RI. Standard symbol: KHR), legal tender of Cambodia< br /> 160; 160; 160; 160; On August 11, 1863, King Norodom I of Cambodia signed a treaty with France, making France a protectorate of Cambodia. It is also known as French Indochina with Laos and Vietnam. The first bank currency of the colony was issued in 1875, with the denomination of Mexico silver dollar and Pyast, and the right to issue only belongs to the Bank of Indochina. These currencies are issued by their Haiphong and Xigong branches, and are the legal tender of Indochina as a whole. Since 1903, the face value of the currency is only piastre
1941 to 1945, ring the two World War, French Indochina was first administered by the Vichy government of France - then the Japanese Alliance - and later ruled by the Japanese. After the surrender of Japan and the return of France to Indochina, the Federation of Indochina was established, giving each country a limited independence within the French Federation, which continued until 1954 when Kampuchea was completely independent. During this independent transition period, the issue of currency was issued from the original bank of Indochina to Institut d 'Emissions des Etats Cambodge, Laos et Vietnam. They set up branches in Cambodia, Laos and Vietnam. Branches in each country are responsible for issuing their own currency. The front of the note is uniform design, but the back varies from country to country
after Cambodia's independence from France, Cambodia did not have the ability to issue its own currency until October 1955. After that, the National Bank of Cambodia was responsible for the issuance of all currencies until the Khmer Rouge captured Phnom Penh on April 17, 1975
the coming of Khmer Rouge ushered in a new era. Money was abolished and postal services stopped. A set of currency is still prepared and printed, despite the country's retrogression to the barter system. However, the unfortunate designer still suffered the same fate of hundreds of people under the rule of Khmer Rouge and was killed in the evil isiling prison< After the liberation of Phnom Penh on January 7, 1979, the people's Democratic Republic of Cambodia announced that a new set of currencies was being prepared. It began to circulate on March 20, 1980. While retaining the currencies of the socialist neighbors, these currencies are not signed, depicting the pastoral scenery of Cambodia. Together with the money issued in 1987, they were used until the early 1990s, when the severe economic crisis led to the abandonment of small denominations.
the Cambodian Riel is not a freely convertible currency, which is not convertible by banks and can be traded in the collectibles market.
Cambodian currency does not have a face value of 900, it should be 100, but the number on Cambodian paper money is like 9
I took a Cambodian 100 Riel note to show you. On the front is Sihanouk, the former king of Cambodia, and on the back is the jinyinge temple in Phnom Penh