Currency - Cambodian riel

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Cambodian riel

The riel (រៀល; sign: ៛; code: KHR) is the currency of Cambodia. There have been two distinct riel, the first issued between 1953 and May 1975. Between 1975 and 1980, the country had no monetary system. A second currency, also named "riel", has been issued since March 20, 1980. The symbol is encoded in Unicode at.

Popular belief suggests that the name of the currency comes from the Mekong river fish, the riel ("small fish" in Khmer). It is more likely that the name derives from the high silver content Mexican real used by Malay, Indian and Chinese merchants in mid-19th-century Cambodia.

In 1953, the Cambodia branch of the Institut d'Émission des États du Cambodge, du Laos et du Vietnam issued notes dual denominated in piastre and riel with the riel being at par with the piastre. At the same time, the two other branches of the Institut had similar arrangements with the đồng in South Vietnam and the kip in Laos. The piastre itself was derived from Spanish pieces of eight (pesos).

The riel was at first subdivided into 100 centimes (abbreviated to cent. on the coins) but this changed in 1959 to 100 sen (សេន). For the first few years, the riel and piastre circulated alongside each other. The first riel banknotes were also denominated in piastres.

* First issue, 1955–56: 1 riel, 5 riels, 10 riels, 50 riels.

* Second issue, 1956: 1 riel, 20 riels, 50 riels, 100 riels, 500 riels.

* Third issue, 1963: 5 riels, 10 riels, 100 riels.

* Fourth issue, 1972: 100 riels*, 500 riels, 1,000 riels*, 5,000 riels*. (* Unissued.)

The 10, 20 and 50 centimes of 1953 and sen coins were minted in aluminium and were the same size as the corresponding att and xu (su) coins of Laos and South Vietnam (though without the holes in the Lao coins). A 1 riel coin about the size of a U.S. nickel was to be issued in 1970, as part of the United Nations' Food and Agriculture Organization's coin program, but was not released, perhaps due to the overthrow of the government of Norodom Sihanouk by Lon Nol.

Although the Khmer Rouge printed banknotes, these notes were not issued as money was abolished after the Khmer Rouge took control of the country. * Fifth issue, 1975: 0.1 riel (1 kak), 0.5 riel (5 kak), 1 riel, 5 riels, 10 riels, 50 riels, 100 riels.

Country

Khmer Republic

The Khmer Republic (Khmer: សាធារណរដ្ឋខ្មែរ, République khmère) was the pro–United States military-led republican government of Cambodia that was formally declared on 9 October 1970. Politically, the Khmer Republic was headed by General Lon Nol and Prince Sisowath Sirik Matak that took power in the 18 March 1970 coup against Prince Norodom Sihanouk, then the country's head of state.

The main causes of the coup were Norodom Sihanouk's toleration of North Vietnamese activity within Cambodia's borders, allowing heavily armed Vietnamese Communist outfits de facto control over vast areas of eastern Cambodia. Another important factor was the dire state of the Cambodian economy, an indirect result of Sihanouk's policies of pursuing neutrality.

Language

Cambodian riel (English)  Riel cambogiano (Italiano)  Cambodjaanse riel (Nederlands)  Riel (Français)  Kambodschanischer Riel (Deutsch)  Riel cambojano (Português)  Риель (Русский)  Riel camboyano (Español)  Riel kambodżański (Polski)  柬埔寨瑞爾 (中文)  Riel (Svenska)  リエル (日本語)  Камбоджійський рієль (Українська)  Камбоджански риел (Български)  캄보디아 리엘 (한국어)  Kambodžan riel (Suomi)  Riel Kamboja (Bahasa Indonesia)  Kambodžos rielis (Lietuvių)  Kambodžský riel (Česky)  Riel (Türkçe)  Камбоџански ријел (Српски / Srpski)  Kambodzsai riel (Magyar)  Kambodžanski rijal (Hrvatski)  เรียลกัมพูชา (ไทย)  Ριέλ Καμπότζης (Ελληνικά)  Riel Campuchia (Tiếng Việt) 
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