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.
28/06/2019: Withdrawal of the $2 note
The Central Bank of Solomon Islands announced the withdrawal of the $2 note from circulation, promoting the use of coins instead.
02/01/2012: Introduction of polymer banknotes
The Central Bank of Solomon Islands issued polymer banknotes to replace the paper ones, enhancing durability and security.
02/05/2011: Renewal of currency design
The Central Bank of Solomon Islands introduced new banknotes with enhanced security features and a refreshed design.
04/01/2001: Riel Redenomination
The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.
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.
22/03/1993: Introduction of the $2 coin
The $2 coin was introduced as a new denomination of the Solomon Islands Dollar.
25/01/1979: Monetary Authority Act
The Monetary Authority Act was passed, establishing the Central Bank of Solomon Islands as the sole issuer and regulator of the SBD.
07/01/1979: Liberation of Cambodia
Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.
06/07/1977: Introduction of the Solomon Islands Dollar
The Solomon Islands Dollar was introduced as the official currency replacing the Australian Dollar at a rate of 1:1.
07/06/1977: Independence of Solomon Islands
Solomon Islands gained independence from British rule, establishing the need for their own currency, the Solomon Islands Dollar (SBD).
17/04/1975: Khmer Rouge Regime
The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.
11/07/1951: Introduction of the Riel
The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.