Convert Bitcoin to Cambodian Riel
Please provide values below to convert Bitcoin [BTC] to Cambodian Riel [KHR], or Convert Cambodian Riel to Bitcoin.
How to Convert Bitcoin to Cambodian Riel
1 BTC = 2.10456761357274e-09 KHR
Example: convert 15 BTC to KHR:
15 BTC = 15 × 2.10456761357274e-09 KHR = 3.15685142035911e-08 KHR
Bitcoin to Cambodian Riel Conversion Table
| Bitcoin | Cambodian Riel |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.