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CountryReports

Glossary

riel

The Khmer Republic’s currency unit, divided into 100 sen. Since October 29, 1971, its exchange rate has been adjusted by the National Bank of Cambodia according to market fluctuations; the initial rate, set on October 29, 1971, was 140 riels to US$1. Past exchange rates have been 35 riels to US$1 (January 1955 to August 1969) and 55.4 riels to US$1 (August 1969 to October 1971, following devaluation).

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