KHR / JPY
Cambodian riel / Japanese Yen
0.0401
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+0.20%(+0.000081) 1D
Jun 18, 9:00:00 PM UTC
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The riel is the currency of Cambodia. There have been two distinct riels, the first issued between 1953 and May 1975. Between 1975 and 1980, the country had no monetary system due to the Khmer Rouge regime's radical policies to abolish currency. 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 the United States dollar, Cambodia's second de facto currency for commercial transactions.
Popular belief suggests that the name of the currency comes from the Mekong river fish riĕl. 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. Thus, the riel shares the same etymology as various Middle Eastern currencies called "rial", which are all derived from the Portuguese and Spanish word real. Wikipedia
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