Convert Usd to Khr and more • 166 conversions
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The United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
The U.S. dollar is the most widely used currency for global trade.
The Cambodian Riel (KHR) serves as the official currency of Cambodia, functioning alongside the US dollar in many transactions. The riel is subdivided into 100 sen, although the sen is rarely used in practice. The symbol for the riel is ៛. The riel was first introduced in 1980, replacing the previous currency, and has undergone various changes since then, including inflation adjustments and redesigns. The riel is primarily used for smaller transactions, while the US dollar dominates larger purchases. The currency is issued by the National Bank of Cambodia and is integral to the country's economy, reflecting its socio-economic landscape.
The Cambodian Riel is widely used in Cambodia for everyday transactions, especially in local markets and small businesses. It is the primary currency for daily purchases, such as food, clothing, and transportation. Despite the prevalence of the US dollar in larger transactions, the riel is crucial for facilitating commerce in smaller amounts. The currency's use is particularly significant in rural areas where the dollar may not be as accessible. In the tourism sector, while many businesses accept dollars, the riel is often used for smaller services and street vendors. The National Bank of Cambodia actively promotes the use of the riel to strengthen national economic stability and encourage local spending. The riel is also involved in remittances, where Cambodians working abroad may send money back home, which is then converted into riel for local use.
The riel was reintroduced in 1980 after the Khmer Rouge regime, which had abolished it.
= × 1.00000To convert to , multiply the value by 1.00000. This conversion factor represents the ratio between these two units.
💡 Pro Tip: For the reverse conversion ( → ), divide by the conversion factor instead of multiplying.
currency • Non-SI
The United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
The United States Dollar has its origins in the Spanish dollar, which was widely used in the Americas during the colonial period. The first official dollar was issued by the Continental Congress in 1775 during the American Revolutionary War. The Coinage Act of 1792 established the U.S. dollar as the country's standard unit of money, allowing for the production of coins in various denominations. The dollar was initially defined in terms of specific weights of silver and gold, reflecting the bimetallic standard prevalent at the time, leading to the establishment of the U.S. Mint for the purpose of producing coinage.
Etymology: The term 'dollar' comes from the German word 'Thaler', which referred to a silver coin that was minted in the 16th century.
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
currency • Non-SI
The Cambodian Riel (KHR) serves as the official currency of Cambodia, functioning alongside the US dollar in many transactions. The riel is subdivided into 100 sen, although the sen is rarely used in practice. The symbol for the riel is ៛. The riel was first introduced in 1980, replacing the previous currency, and has undergone various changes since then, including inflation adjustments and redesigns. The riel is primarily used for smaller transactions, while the US dollar dominates larger purchases. The currency is issued by the National Bank of Cambodia and is integral to the country's economy, reflecting its socio-economic landscape.
The Cambodian Riel was introduced as the national currency of Cambodia in 1980, following a period of economic turmoil and hyperinflation under the Khmer Rouge regime. The need for a stable currency arose as the previous currency lost its value. The introduction marked a significant step towards economic recovery and national identity post-conflict. The riel was named after a local word for 'silver' and was first issued in paper notes and coins, reflecting the agricultural and cultural heritage of Cambodia. The currency aimed to stabilize the economy and facilitate trade, replacing foreign currencies that had previously dominated.
Etymology: The term 'riel' is derived from the Khmer word for 'silver', reflecting the historical importance of silver in trade.
The Cambodian Riel is widely used in Cambodia for everyday transactions, especially in local markets and small businesses. It is the primary currency for daily purchases, such as food, clothing, and transportation. Despite the prevalence of the US dollar in larger transactions, the riel is crucial for facilitating commerce in smaller amounts. The currency's use is particularly significant in rural areas where the dollar may not be as accessible. In the tourism sector, while many businesses accept dollars, the riel is often used for smaller services and street vendors. The National Bank of Cambodia actively promotes the use of the riel to strengthen national economic stability and encourage local spending. The riel is also involved in remittances, where Cambodians working abroad may send money back home, which is then converted into riel for local use.
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