Convert New Taiwan Dollar to Cambodian Riel
Please provide values below to convert New Taiwan Dollar [TWD] to Cambodian Riel [KHR], or Convert Cambodian Riel to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Cambodian Riel
1 TWD = 0.00731376250353889 KHR
Example: convert 15 TWD to KHR:
15 TWD = 15 × 0.00731376250353889 KHR = 0.109706437553083 KHR
New Taiwan Dollar to Cambodian Riel Conversion Table
| New Taiwan Dollar | Cambodian Riel |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.