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LOCAL CURRENCY IN CAMBODIA

Want to know how much is your money worth in Cambodia? The money used in Cambodia is called Riel.

The Cambodian Riel is issued and managed by the National Bank of Cambodia . To find out the current currency exchange rates for Riel to other major currencies of the world, click on foreign currency rates.

Cambodian Currency Information
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The currency used in Cambodia is called as the Riel. This currency is denoted with the currency sign and the ISO 4217 Code for the Cambodian Riel is KHR. The Riel, is the official currency of the Cambodia . It is divided into 100 smaller units called kak/sen .

The constitution of Cambodia provides that the Cambodia government shall have the power to print the Cambodian Riel and kak/sen coins to be used as a legal tender in Cambodia. The Cambodian Riel bank notes and Kak/sen coins are both designated as "legal tender" in payment of debts.

The Cambodian Riel bill uses the decimal system, consisting of 100 equal units.

The symbol , usually written before the numerical amount, is used for the Cambodian Riel.

Currently printed bank notes denominations are Freq. used 100, 500, 1000, 2000, 5000, 10,000, 20,000, 50,000 riel Rarely used 50, 100,000 riel and the coins are minted in the denominations of 50, 100, 200, 500 riel .

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The Effect of Balance of Trade and Investment on Cambodian Riel
Financial analysts regularly cite the balance of trade and investment in Cambodia as the most important influence on the value of the Riel. The difference between what the Cambodia exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Riel exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Riel exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Cambodian Riel.
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