Cambodian Currency
business and economy | trends
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The official currency of Cambodia is riel ISO 4217 (KHR). There were two issues of Cambodian riel, the first issued was on January 1, 1955, and the second issued was on April 1, 1980.![]()
12 years after Cambodia became a part of the French Indochina, the Banque de l’Indochine was established. A branch was set up in Phnom Penh, which became the note-issuing bank for all of Indochina from February 22, 1891 to December 31, 1951. It is in this period that Indochina’s currency, the Piastre, was introduced.
The official currency of Cambodia is riel ISO 4217 (KHR). There were two issues of Cambodian riel, the first issued was on January 1, 1955, and the second issued was on April 1, 1980.
Brief History of Cambodian Currency
According to Global Financial Data, from the ninth to tenth centuries, Cambodia imported Pyu and Mon coins from the Mon kingdom of Dvaravati, whose remnants can still be found in the central part of present-day Thailand. For a fact, coins were not produced in Cambodia until the sixteenth century. In the 1850s HM King Ang Duong of Cambodia (1841-1859) issued the first machine-made coins, known asCambodian Tical. The Tical was divisible into 8 Fuang and 64 Att.
12 years after Cambodia became a part of the French Indochina, the Banque de l’Indochine was established. A branch was set up in Phnom Penh, which became the note-issuing bank for all of Indochina from February 22, 1891 to December 31, 1951. It is in this period that Indochina’s currency, the Piastre, was introduced.