Convert Cambodian Riel to Panamanian Balboa
Please provide values below to convert Cambodian Riel [KHR] to Panamanian Balboa [PAB], or Convert Panamanian Balboa to Cambodian Riel.
How to Convert Cambodian Riel to Panamanian Balboa
1 KHR = 4015.0333 PAB
Example: convert 15 KHR to PAB:
15 KHR = 15 × 4015.0333 PAB = 60225.4995 PAB
Cambodian Riel to Panamanian Balboa 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.
Panamanian Balboa
The Panamanian Balboa (PAB) is the official currency of Panama, subdivided into 100 centésimos, used primarily for coinage alongside the US dollar.
History/Origin
Introduced in 1904, the Balboa was established as Panama's official currency to promote national identity, initially backed by gold, but since 1941 it has been pegged at par to the US dollar, which is also widely accepted in the country.
Current Use
Today, the Balboa is mainly used for coinage and official transactions within Panama, with the US dollar serving as the primary currency for most practical purposes, including banking and commerce.