Historic South Korean Won Cambodian Riel

South Korean Won cambodian riel history for February 2024. The highest quote for this month is 3.0636 (07/02/2024) and the lowest 3.0831 (09/02/2024). The difference between high and low is -0.64.

KRW KHR average rate for February 2024 is 3.04303, the change between 01/02/2024 and 29/02/2024 is +0.06 %.

01 February 20241 KRW = 3.052 KHR
02 February 20241 KRW = 3.067 KHR
03 February 20241 KRW = 3.045 KHR
04 February 20241 KRW = 3.045 KHR
05 February 20241 KRW = 3.013 KHR
06 February 20241 KRW = 2.996 KHR
07 February 20241 KRW = 3.070 KHR
08 February 20241 KRW = 3.066 KHR
09 February 20241 KRW = 3.057 KHR
12 February 20241 KRW = 2.994 KHR
13 February 20241 KRW = 3.064 KHR
14 February 20241 KRW = 3.036 KHR
15 February 20241 KRW = 3.068 KHR
16 February 20241 KRW = 3.063 KHR
17 February 20241 KRW = 3.056 KHR
18 February 20241 KRW = 3.056 KHR
19 February 20241 KRW = 2.991 KHR
20 February 20241 KRW = 2.987 KHR
21 February 20241 KRW = 3.052 KHR
22 February 20241 KRW = 3.054 KHR
23 February 20241 KRW = 3.067 KHR
24 February 20241 KRW = 3.057 KHR
25 February 20241 KRW = 3.057 KHR
26 February 20241 KRW = 2.992 KHR
27 February 20241 KRW = 3.055 KHR
28 February 20241 KRW = 3.052 KHR
29 February 20241 KRW = 3.050 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.