Convert Panamanian Balboa to Cambodian Riel
Please provide values below to convert Panamanian Balboa [PAB] to Cambodian Riel [KHR], or Convert Cambodian Riel to Panamanian Balboa.
How to Convert Panamanian Balboa to Cambodian Riel
1 PAB = 0.000249063936779802 KHR
Example: convert 15 PAB to KHR:
15 PAB = 15 × 0.000249063936779802 KHR = 0.00373595905169703 KHR
Panamanian Balboa to Cambodian Riel Conversion Table
| Panamanian Balboa | Cambodian Riel |
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Panamanian Balboa
The Panamanian Balboa (PAB) is the official currency of Panama, subdivided into 100 centésimos, used primarily for coinage alongside the US dollar.
History/Origin
Introduced in 1904, the Balboa was established as Panama's official currency to promote national identity, initially backed by gold, but since 1941 it has been pegged at par to the US dollar, which is also widely accepted in the country.
Current Use
Today, the Balboa is mainly used for coinage and official transactions within Panama, with the US dollar serving as the primary currency for most practical purposes, including banking and commerce.
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.