Convert Philippine Peso to Cambodian Riel
Please provide values below to convert Philippine Peso [PHP] to Cambodian Riel [KHR], or Convert Cambodian Riel to Philippine Peso.
How to Convert Philippine Peso to Cambodian Riel
1 PHP = 0.0141822734072965 KHR
Example: convert 15 PHP to KHR:
15 PHP = 15 × 0.0141822734072965 KHR = 0.212734101109448 KHR
Philippine Peso to Cambodian Riel Conversion Table
| Philippine Peso | Cambodian Riel |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.