


BGN information
About Cambodian Riel (KHR)
The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.
Historical Background
The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.
Design and Symbolism
The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.
Economic Role
The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.
Monetary Policy and Inflation
Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.
International Trade and the Cambodian Riel
The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.
LON to BGN conversion rate trend
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Current LON to BGN exchange rate
Tokenlon Network Token to Cambodian Riel is falling this week.LON to BGN Conversion tables
The exchange rate of Tokenlon Network Token is decreasing.LON to BGN
BGN to LON
LON to BGN Today vs. 24 hours ago
Amount | 11:23 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LON | лв0.5699 | лв0.5586 | +2.04% |
1 LON | лв1.14 | лв1.12 | +2.04% |
5 LON | лв5.7 | лв5.59 | +2.04% |
10 LON | лв11.4 | лв11.17 | +2.04% |
50 LON | лв56.99 | лв55.86 | +2.04% |
100 LON | лв113.99 | лв111.71 | +2.04% |
500 LON | лв569.94 | лв558.56 | +2.04% |
1000 LON | лв1,139.88 | лв1,117.12 | +2.04% |
LON to BGN Today vs. 1 month ago
Amount | 11:23 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 LON | лв0.5699 | лв0.6512 | -12.47% |
1 LON | лв1.14 | лв1.3 | -12.47% |
5 LON | лв5.7 | лв6.51 | -12.47% |
10 LON | лв11.4 | лв13.02 | -12.47% |
50 LON | лв56.99 | лв65.12 | -12.47% |
100 LON | лв113.99 | лв130.23 | -12.47% |
500 LON | лв569.94 | лв651.17 | -12.47% |
1000 LON | лв1,139.88 | лв1,302.34 | -12.47% |
LON to BGN Today vs. 1 year ago
Amount | 11:23 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 LON | лв0.5699 | лв0.7787 | -26.81% |
1 LON | лв1.14 | лв1.56 | -26.81% |
5 LON | лв5.7 | лв7.79 | -26.81% |
10 LON | лв11.4 | лв15.57 | -26.81% |
50 LON | лв56.99 | лв77.87 | -26.81% |
100 LON | лв113.99 | лв155.75 | -26.81% |
500 LON | лв569.94 | лв778.73 | -26.81% |
1000 LON | лв1,139.88 | лв1,557.47 | -26.81% |
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