KHR (Cambodian Riel)

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DEFINITION of 'KHR (Cambodian Riel)'

The currency abbreviation or currency symbol for the Cambodian riel (KHR), the currency for Cambodia. The riel is made up of 100 sen. Although the riel has been used in two forms since its inception, no monetary system was used in Cambodia from 1975 to 1980.

INVESTOPEDIA EXPLAINS 'KHR (Cambodian Riel)'

The Cambodian riel was first seen in 1953 and was divided into 100 centimes. These were changed to sen in 1959, but the riel was discontinued under the Khmer Rouge in 1975. It was reintroduced in 1980 and is still in use today, although U.S. dollars are also often used in urban and tourist areas.

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