Convert United States Dollar to Cambodian Riel
Please provide values below to convert United States Dollar [USD] to Cambodian Riel [KHR], or Convert Cambodian Riel to United States Dollar.
How to Convert United States Dollar to Cambodian Riel
1 USD = 0.000249063936779802 KHR
Example: convert 15 USD to KHR:
15 USD = 15 × 0.000249063936779802 KHR = 0.00373595905169703 KHR
United States Dollar to Cambodian Riel Conversion Table
United States Dollar | Cambodian Riel |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.