Layer Bank to KHR Converter and calculator


Conversion rates
Convert Layer Bank to KHR
Convert KHR to Layer Bank
Layer Bank to KHR chart
Layer Bank to KHR conversion data: Volatility and price changes of Layer Bank in KHR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.6748 KHR | -- KHR | -- KHR | -- KHR |
Low | 0.2995 KHR | -- KHR | -- KHR | -- KHR |
Average | 0 KHR | 0 KHR | 0 KHR | 0 KHR |
Volatility | % | % | % | % |
Change | +1.10% | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
Layer Bank information
Layer Bank to KHR market statistics
Current Layer Bank to KHR exchange rate
Layer Bank to Cambodian Riel is falling this week.More info about Layer Bank 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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Layer Bank to KHR Conversion tables
| Amount | 17:30 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 Layer Bank | ៛0.3149 | ៛-- | +1.10% |
1 Layer Bank | ៛0.6298 | ៛-- | +1.10% |
5 Layer Bank | ៛3.15 | ៛-- | +1.10% |
10 Layer Bank | ៛6.3 | ៛-- | +1.10% |
50 Layer Bank | ៛31.49 | ៛-- | +1.10% |
100 Layer Bank | ៛62.98 | ៛-- | +1.10% |
500 Layer Bank | ៛314.9 | ៛-- | +1.10% |
1000 Layer Bank | ៛629.79 | ៛-- | +1.10% |
Layer Bank to KHR FAQ
What factors influence the conversion rate of Layer Bank to KHR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Layer Bank in the US is $0.0001565 USD. Additionally, Layer Bank’s price is €0.0001344 EUR in the eurozone, £0.0001174 GBP in the UK, C$0.0002190 CAD in Canada, ₹0.01381 INR in India, ₨0.04397 PKR in Pakistan, R$0.0008413 BRL in Brazil, and more.
The most popular Layer Bank currency pair is the Layer Bank to Cambodian Riel(KHR). The price of 1 Layer Bank (Layer Bank) in Cambodian Riel (KHR) is ៛0.6298.
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