Historic South Korean Won Cambodian Riel

South Korean Won cambodian riel history for September 2023. The highest quote for this month is 3.1027 (06/09/2023) and the lowest 3.1018 (04/09/2023). The difference between high and low is 0.03.

KRW KHR average rate for September 2023 is 3.07024, the change between 01/09/2023 and 30/09/2023 is +0.92 %.

01 September 20231 KRW = 3.070 KHR
04 September 20231 KRW = 3.101 KHR
05 September 20231 KRW = 3.098 KHR
06 September 20231 KRW = 3.058 KHR
07 September 20231 KRW = 3.106 KHR
08 September 20231 KRW = 3.103 KHR
11 September 20231 KRW = 3.030 KHR
12 September 20231 KRW = 3.113 KHR
13 September 20231 KRW = 3.099 KHR
14 September 20231 KRW = 3.086 KHR
15 September 20231 KRW = 3.090 KHR
18 September 20231 KRW = 3.019 KHR
19 September 20231 KRW = 3.102 KHR
20 September 20231 KRW = 3.094 KHR
21 September 20231 KRW = 3.079 KHR
22 September 20231 KRW = 3.061 KHR
23 September 20231 KRW = 3.078 KHR
24 September 20231 KRW = 3.076 KHR
25 September 20231 KRW = 3.002 KHR
26 September 20231 KRW = 3.069 KHR
27 September 20231 KRW = 3.032 KHR
28 September 20231 KRW = 3.037 KHR
29 September 20231 KRW = 3.046 KHR
30 September 20231 KRW = 3.042 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.