Convert Mexican Peso to Cambodian Riel
Please provide values below to convert Mexican Peso [MXN] to Cambodian Riel [KHR], or Convert Cambodian Riel to Mexican Peso.
How to Convert Mexican Peso to Cambodian Riel
1 MXN = 0.00464359785010999 KHR
Example: convert 15 MXN to KHR:
15 MXN = 15 × 0.00464359785010999 KHR = 0.0696539677516498 KHR
Mexican Peso to Cambodian Riel Conversion Table
| Mexican Peso | Cambodian Riel |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.