


MKD 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.
NVT to MKD conversion rate trend
NVT to MKD market statistics
More info about NerveNetwork on Bitget
Current NVT to MKD exchange rate
NerveNetwork to Cambodian Riel is falling this week.NVT to MKD Conversion tables
The exchange rate of NerveNetwork is decreasing.NVT to MKD
MKD to NVT
NVT to MKD Today vs. 24 hours ago
Amount | 16:15 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 NVT | ден0.06090 | ден0.06363 | -4.28% |
1 NVT | ден0.1218 | ден0.1273 | -4.28% |
5 NVT | ден0.6090 | ден0.6363 | -4.28% |
10 NVT | ден1.22 | ден1.27 | -4.28% |
50 NVT | ден6.09 | ден6.36 | -4.28% |
100 NVT | ден12.18 | ден12.73 | -4.28% |
500 NVT | ден60.9 | ден63.63 | -4.28% |
1000 NVT | ден121.8 | ден127.25 | -4.28% |
NVT to MKD Today vs. 1 month ago
Amount | 16:15 today | 1 month ago | 1M change |
---|---|---|---|
0.5 NVT | ден0.06090 | ден0.09426 | -35.38% |
1 NVT | ден0.1218 | ден0.1885 | -35.38% |
5 NVT | ден0.6090 | ден0.9426 | -35.38% |
10 NVT | ден1.22 | ден1.89 | -35.38% |
50 NVT | ден6.09 | ден9.43 | -35.38% |
100 NVT | ден12.18 | ден18.85 | -35.38% |
500 NVT | ден60.9 | ден94.26 | -35.38% |
1000 NVT | ден121.8 | ден188.53 | -35.38% |
NVT to MKD Today vs. 1 year ago
Amount | 16:15 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 NVT | ден0.06090 | ден0.4773 | -87.23% |
1 NVT | ден0.1218 | ден0.9546 | -87.23% |
5 NVT | ден0.6090 | ден4.77 | -87.23% |
10 NVT | ден1.22 | ден9.55 | -87.23% |
50 NVT | ден6.09 | ден47.73 | -87.23% |
100 NVT | ден12.18 | ден95.46 | -87.23% |
500 NVT | ден60.9 | ден477.28 | -87.23% |
1000 NVT | ден121.8 | ден954.57 | -87.23% |
How to convert NVT to MKD



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