Convert Cambodian Riel to New Zealand Dollar
Please provide values below to convert Cambodian Riel [KHR] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Cambodian Riel.
How to Convert Cambodian Riel to New Zealand Dollar
1 KHR = 2405.65206710605 NZD
Example: convert 15 KHR to NZD:
15 KHR = 15 × 2405.65206710605 NZD = 36084.7810065908 NZD
Cambodian Riel to New Zealand Dollar Conversion Table
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.