


BGN 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.
NUT to BGN conversion rate trend
NUT to BGN market statistics
More info about Nucleon on Bitget
Current NUT to BGN exchange rate
Nucleon to Cambodian Riel is falling this week.NUT to BGN Conversion tables
The exchange rate of Nucleon is decreasing.NUT to BGN
BGN to NUT
NUT to BGN Today vs. 24 hours ago
Amount | 09:54 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 NUT | лв0.2865 | лв0.3370 | -14.99% |
1 NUT | лв0.5729 | лв0.6740 | -14.99% |
5 NUT | лв2.86 | лв3.37 | -14.99% |
10 NUT | лв5.73 | лв6.74 | -14.99% |
50 NUT | лв28.65 | лв33.7 | -14.99% |
100 NUT | лв57.29 | лв67.4 | -14.99% |
500 NUT | лв286.47 | лв336.99 | -14.99% |
1000 NUT | лв572.95 | лв673.98 | -14.99% |
NUT to BGN Today vs. 1 month ago
Amount | 09:54 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 NUT | лв0.2865 | лв0.4150 | -30.96% |
1 NUT | лв0.5729 | лв0.8299 | -30.96% |
5 NUT | лв2.86 | лв4.15 | -30.96% |
10 NUT | лв5.73 | лв8.3 | -30.96% |
50 NUT | лв28.65 | лв41.5 | -30.96% |
100 NUT | лв57.29 | лв82.99 | -30.96% |
500 NUT | лв286.47 | лв414.95 | -30.96% |
1000 NUT | лв572.95 | лв829.9 | -30.96% |
NUT to BGN Today vs. 1 year ago
Amount | 09:54 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 NUT | лв0.2865 | лв4.18 | -93.14% |
1 NUT | лв0.5729 | лв8.36 | -93.14% |
5 NUT | лв2.86 | лв41.78 | -93.14% |
10 NUT | лв5.73 | лв83.55 | -93.14% |
50 NUT | лв28.65 | лв417.77 | -93.14% |
100 NUT | лв57.29 | лв835.55 | -93.14% |
500 NUT | лв286.47 | лв4,177.73 | -93.14% |
1000 NUT | лв572.95 | лв8,355.46 | -93.14% |
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