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base info Ignition

Ignition to Cambodian Riel Converter and calculator

Convert 1Ignition (IC) to Cambodian Riel (KHR) equals ៛ 22.56 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ignition(IC) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 IC at a value of 1 IC for 22.56 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KHR information

About Cambodian Riel (KHR)

The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.

Historical Background

The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.

Design and Symbolism

The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.

Economic Role

The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.

Monetary Policy and Inflation

Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.

International Trade and the Cambodian Riel

The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.

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Bitget crypto-to-fiat exchange data shows that the most popular Ignition currency pair is the IC to KHR, with for Ignition's currency code being IC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.

IC to KHR conversion rate trend

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In the past 1D, Ignition has changed +2.45% to KHR. Based on the trend and price charts, Ignition(IC) has changed +2.45% to KHR while Cambodian Riel(KHR) has changed % to IC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
៛22.56
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/23 08:40:37(UTC+0)

How to buy Ignition

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Ignition (IC)
Use a variety of payment options to buy Ignition on Bitget. We'll show you how.

Buy IC (or USDT) for KHR (Cambodian Riel) offers

Bitget P2P trading does not currently support direct buying of IC with KHR. However, you can buy USDT in Bitget P2P trading first, and then buy IC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell IC (or USDT) for KHR (Cambodian Riel) offers

Bitget P2P trading currently does not support direct selling of IC to KHR. However, you can first exchange IC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Ignition to Cambodian Riel?

Ignition to Cambodian Riel is falling this week.
Ignition's current market price is ៛ 22.56 per IC, with a total market cap of ៛ 0 KHR based on a circulating supply of -- IC. The trading volume of Ignition has changed by 0.00% (៛ 0 KHR) in the last 24 hours. Last trading day, IC's trading volume was ៛ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 IC

Conversion tables

The exchange rate of Ignition is decreasing.
1 IC is currently valued at ៛ 22.56 KHR , which means buying 5 IC will cost ៛ 112.8 KHR . Similarly, ៛1 KHR can be traded for 0.04433 IC, and ៛50 KHR can be converted to 2.22 IC, excluding any platform or gas fees.
The exchange rate of 1 IC to Cambodian Riel has changed by -25.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.45%, reaching a high of 20.9 KHR and a low of 20.13 KHR . One month ago, the value of 1 IC was ៛ 28.64 KHR , which represents a -22.57% change from its current value. Over the last year, Ignition has changed by
-
13.89KHR
, resulting in a change of -39.95% in its value.

IC to KHR

Amount
18:57 today
0.5 IC
11.28
1 IC
22.56
5 IC
112.8
10 IC
225.6
50 IC
1,127.98
100 IC
2,255.96
500 IC
11,279.78
1000 IC
22,559.56

KHR to IC

Amount18:57 today
0.5KHR0.02216  IC
1KHR0.04433  IC
5KHR0.2216  IC
10KHR0.4433  IC
50KHR2.22  IC
100KHR4.43  IC
500KHR22.16  IC
1000KHR44.33  IC

Today vs. 24 hours ago

Amount18:57 today24 hours ago24h change
0.5 IC$0.002802$0.002740
+2.45%
1 IC$0.005605$0.005481
+2.45%
5 IC$0.02802$0.02740
+2.45%
10 IC$0.05605$0.05481
+2.45%
50 IC$0.2802$0.2740
+2.45%
100 IC$0.5605$0.5481
+2.45%
500 IC$2.8$2.74
+2.45%
1000 IC$5.6$5.48
+2.45%

Today vs. 1 month ago

Amount18:57 today1 month ago1M change
0.5 IC$0.002802$0.003558
-22.57%
1 IC$0.005605$0.007116
-22.57%
5 IC$0.02802$0.03558
-22.57%
10 IC$0.05605$0.07116
-22.57%
50 IC$0.2802$0.3558
-22.57%
100 IC$0.5605$0.7116
-22.57%
500 IC$2.8$3.56
-22.57%
1000 IC$5.6$7.12
-22.57%

Today vs. 1 year ago

Amount18:57 today1 year ago1Y change
0.5 IC$0.002802$0.004527
-39.95%
1 IC$0.005605$0.009055
-39.95%
5 IC$0.02802$0.04527
-39.95%
10 IC$0.05605$0.09055
-39.95%
50 IC$0.2802$0.4527
-39.95%
100 IC$0.5605$0.9055
-39.95%
500 IC$2.8$4.53
-39.95%
1000 IC$5.6$9.05
-39.95%

Ignition price prediction

What will the price of IC be in 2025?

Based on IC's historical price performance prediction model, the price of IC is projected to reach $0.0009634 in 2025.

What will the price of IC be in 2030?

In 2030, the IC price is expected to change by +6.00%. By the end of 2030, the IC price is projected to reach $0.001371, with a cumulative ROI of -75.53%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ignition and KHR.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ignition and KHR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Ignition in KHR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.