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Economy, Currency and Banking

riels, Phnom Penh, private banks, cities, average

Cambodia’s unit of currency is the riel, consisting of 100 sen. The value of the riel shrank from 700 riels per U.S.$1 in 1991 to an average of 3,841 riels per U.S.$1 in 2000. Currency is issued by the National Bank of Kampuchea, established in 1980. There are relatively few private banks in Cambodia. Most of them are foreign-owned banks operating in Phnom Penh and other cities.



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riels, Phnom Penh, private banks, cities, average, value

 
 

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