LABUCHU to KHR Converter and calculator


Conversion rates
Convert LABUCHU to KHR
Convert KHR to LABUCHU
LABUCHU to KHR chart
LABUCHU to KHR conversion data: Volatility and price changes of Labuchu in KHR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
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High | 0 KHR | -- KHR | -- KHR | -- KHR |
Low | 0 KHR | -- KHR | -- KHR | -- KHR |
Average | 0 KHR | 0 KHR | 0 KHR | 0 KHR |
Volatility | % | % | % | % |
Change | -- | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Labuchu information
LABUCHU to KHR market statistics
Current LABUCHU to KHR exchange rate
Labuchu to Cambodian Riel is falling this week.More info about Labuchu on Bitget
Cambodian Riel information
About Cambodian Riel (KHR)
The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.
Historical Background
The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.
Design and Symbolism
The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.
Economic Role
The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.
Monetary Policy and Inflation
Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.
International Trade and the Cambodian Riel
The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.
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LABUCHU to KHR Conversion tables
Amount | 23:17 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LABUCHU | ៛0.2202 | ៛-- | 0.00% |
1 LABUCHU | ៛0.4404 | ៛-- | 0.00% |
5 LABUCHU | ៛2.2 | ៛-- | 0.00% |
10 LABUCHU | ៛4.4 | ៛-- | 0.00% |
50 LABUCHU | ៛22.02 | ៛-- | 0.00% |
100 LABUCHU | ៛44.04 | ៛-- | 0.00% |
500 LABUCHU | ៛220.2 | ៛-- | 0.00% |
1000 LABUCHU | ៛440.4 | ៛-- | 0.00% |
LABUCHU to KHR FAQ
What factors influence the conversion rate of LABUCHU to KHR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Labuchu in the US is $0.0001099 USD. Additionally, Labuchu’s price is €0.{4}9362 EUR in the eurozone, £0.{4}8094 GBP in the UK, C$0.0001520 CAD in Canada, ₹0.009702 INR in India, ₨0.03109 PKR in Pakistan, R$0.0005923 BRL in Brazil, and more.
The most popular Labuchu currency pair is the LABUCHU to Cambodian Riel(KHR). The price of 1 Labuchu (LABUCHU) in Cambodian Riel (KHR) is ៛0.4404.
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