HomeKHR / IDR • Currency
add
KHR / IDR
Previous close
4.19
Market news
About Cambodian riel
The riel 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 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. WikipediaAbout Indonesian Rupiah
The rupiah is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam. Sometimes, Indonesians also informally use the word perak in referring to rupiah in coins. The rupiah is divided into 100 cents, although high inflation has rendered all coins and banknotes denominated in cents obsolete.
The rupiah was introduced in 1946 by Indonesian nationalists fighting for independence. It replaced the Japanese-issued version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau Islands and the Indonesian half of New Guinea had their own variants of the rupiah, but these were subsumed into the national rupiah in 1964 and 1971, respectively. Wikipedia