Historic South Korean Won Cambodian Riel

South Korean Won cambodian riel history for December 2023. The highest quote for this month is 3.1695 (02/12/2023) and the lowest 3.1874 (26/12/2023). The difference between high and low is -0.56.

KRW KHR average rate for December 2023 is 3.13563, the change between 01/12/2023 and 31/12/2023 is -1.43 %.

01 December 20231 KRW = 3.103 KHR
02 December 20231 KRW = 3.172 KHR
03 December 20231 KRW = 3.170 KHR
04 December 20231 KRW = 3.099 KHR
05 December 20231 KRW = 3.137 KHR
06 December 20231 KRW = 3.125 KHR
07 December 20231 KRW = 3.065 KHR
08 December 20231 KRW = 3.126 KHR
10 December 20231 KRW = 3.118 KHR
11 December 20231 KRW = 3.060 KHR
12 December 20231 KRW = 3.121 KHR
13 December 20231 KRW = 3.066 KHR
14 December 20231 KRW = 3.176 KHR
15 December 20231 KRW = 3.177 KHR
16 December 20231 KRW = 3.154 KHR
17 December 20231 KRW = 3.154 KHR
18 December 20231 KRW = 3.165 KHR
19 December 20231 KRW = 3.147 KHR
20 December 20231 KRW = 3.163 KHR
21 December 20231 KRW = 3.161 KHR
22 December 20231 KRW = 3.169 KHR
23 December 20231 KRW = 3.153 KHR
24 December 20231 KRW = 3.156 KHR
25 December 20231 KRW = 3.095 KHR
26 December 20231 KRW = 3.104 KHR
27 December 20231 KRW = 3.161 KHR
28 December 20231 KRW = 3.155 KHR
29 December 20231 KRW = 3.148 KHR

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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