Historic South Korean Won Cambodian Riel

South Korean Won cambodian riel history for January 2024. The highest quote for this month is 3.1063 (06/01/2024) and the lowest 3.1093 (07/01/2024). The difference between high and low is -0.1.

KRW KHR average rate for January 2024 is 3.06169, the change between 01/01/2024 and 31/01/2024 is +0.85 %.

01 January 20241 KRW = 3.094 KHR
02 January 20241 KRW = 3.097 KHR
03 January 20241 KRW = 3.113 KHR
04 January 20241 KRW = 3.108 KHR
05 January 20241 KRW = 3.114 KHR
06 January 20241 KRW = 3.106 KHR
07 January 20241 KRW = 3.109 KHR
08 January 20241 KRW = 3.039 KHR
09 January 20241 KRW = 3.114 KHR
10 January 20241 KRW = 3.034 KHR
11 January 20241 KRW = 3.095 KHR
12 January 20241 KRW = 3.106 KHR
14 January 20241 KRW = 3.100 KHR
15 January 20241 KRW = 3.037 KHR
16 January 20241 KRW = 3.020 KHR
17 January 20241 KRW = 2.986 KHR
18 January 20241 KRW = 3.028 KHR
19 January 20241 KRW = 3.040 KHR
22 January 20241 KRW = 2.986 KHR
23 January 20241 KRW = 3.037 KHR
24 January 20241 KRW = 3.043 KHR
25 January 20241 KRW = 3.058 KHR
26 January 20241 KRW = 3.047 KHR
28 January 20241 KRW = 3.046 KHR
29 January 20241 KRW = 2.987 KHR
30 January 20241 KRW = 3.054 KHR
31 January 20241 KRW = 3.068 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.