In rural areas the riel is used for virtually all purchases, large and small. While the riel remains in common use in the provinces, the major cities and tourist areas heavily use the U. The latter is dispensed in ATMs, accepted in virtually all purchases, and USD quotations are required to price hotel rooms, airline tickets and significant financial transactions.
The piastre was introduced in French Indochina in at par with the Spanish-American silver dollar , and was in use until The piastre itself was derived from Spanish pieces of eight pesos. The riel was at first subdivided into centimes abbreviated to cent. For the first few years, the riel and piastre circulated alongside each other.
The first riel banknotes were also denominated in piastres. Coins : The 10, 20 and 50 centimes of and sen coins were minted in aluminum and were the same size as the corresponding att and xu su coins of Laos and South Vietnam though without the holes in the Lao coins. A 1 riel coin about the size of a U. Although the Khmer Rouge printed banknotes, these notes were not issued as money was abolished after the Khmer Rouge took control of the country.
In they printed a series of coloured banknotes for limited use on territories controlled by them. It is subdivided into 10 kaks or sens. Because there was no money for it to replace and a severely disrupted economy, the central government gave away the new money to the populace in order to encourage its use. The first coins were 5 sen pieces, minted in and made of aluminum.
No more coins were minted until , when denominations of 50, , and riels were introduced. However, these are rarely found in circulation. From Wikipedia, the free encyclopedia. Currency of Cambodia. Main article: French Indochinese piastre. Phenom Penh Post. Retrieved 16 March IMF : 3. Dollar Bills out of Circulation". Archived from the original on 29 March Retrieved 9 April Retrieved 22 June The Phnom Penh Post. Khmer Times. BBC News. Retrieved 18 March Krause, Chester L.
Standard Catalog of World Coins : — 18th ed. Krause Publications. ISBN Pick, Albert Colin R. Bruce II and Neil Shafer editors 7th ed. Cambodia articles. Signal Converter and Transmitter. Diaphragm Seal. Mounting Accessories. Cart 0. Cart is empty. View cart. My Account. Orders Comparison list Wish list Track my order s. Track my order s. Sign in Register E-mail. Password Forgot your password?
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the basic monetary unit of Cambodia, equal to sen. See results about. The riel is the currency of Cambodia. There have been two distinct riel, the first issued between and May Between and the country had.