Cambodian Riel

The Khmer riel (KHR) is the national currency of Cambodia. The riel has been the currency of Cambodia since May 1975, when it replaced the US dollar. The riel was introduced in 1959 but was not officially adopted as the national currency until May 1975. The Khmer riel is divided into 100 sen. The Khmer riel is pegged to the US dollar at a rate of 1 USD = 4,000 KHR. The Khmer riel is used exclusively within Cambodia, although US dollars are also widely accepted. The Khmer riel is named after the riel, a unit of currency used in Thailand. The word riel means "spring" in Khmer. The Khmer riel was introduced in 1959 but did not gain widespread use until 1975, when it replaced the US dollar as the national currency. The Khmer riel is pegged to the US dollar at a rate of 1 USD = 4,000 KHR. The Khmer riel is used exclusively within Cambodia, although US dollars are also widely accepted. The Khmer riel is named after the riel, a unit of currency used in Thailand. The word riel means "spring" in Khmer. The Khmer riel is divided into 100 sen. The sen is no longer used for transactions but is still used to calculate prices. The Khmer riel is not traded on international currency markets.