Convert Malaysian Ringgit to Cambodian Riel
Please provide values below to convert Malaysian Ringgit [MYR] to Cambodian Riel [KHR], or Convert Cambodian Riel to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Cambodian Riel
1 MYR = 0.00105388914209005 KHR
Example: convert 15 MYR to KHR:
15 MYR = 15 × 0.00105388914209005 KHR = 0.0158083371313508 KHR
Malaysian Ringgit to Cambodian Riel Conversion Table
| Malaysian Ringgit | Cambodian Riel |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.