Georgian Lari in Cambodian Riel

GEL Georgian Lari

Country of application:
Georgia

Coin denominations in circulation:
5, 10, 20, 50, 100 GEL.

Denominations of banknotes in circulation:
1, 2, 5, 10, 20, 50 tetri, 1, 2 lari.

History reference:
The single monetary unit used in internal and, in part, in external settlements of Georgia is the Georgian lari. The name of the currency comes from the Georgian word, which means "property" or "rese...rve" in Russian. Previously, before the collapse of the USSR and the separation of Georgia, the banknotes of the USSR, Soviet rubles, were used in calculations, then they were temporarily replaced by Georgian coupons. However, the use of coupons in Georgia lasted only 4 years - in 1995, by a decree of President Shevardnadze, the lari was introduced into circulation. The design of banknotes was entrusted by the Central Bank to European designers, in particular, French and Slovak craftsmen made their contribution. The currency of Georgia contains images of cultural figures and national heroes, and on the reverse, the reverse side of banknotes and coins, there are images of architectural and art monuments belonging to Georgia.

KHR Cambodian Riel

Country of application:
Cambodia

Coin denominations in circulation:
50, 100, 200, 500 riels.

Denominations of banknotes in circulation:
100, 500, 1000, 2000, 5000, 10000, 20,000, 50,000 riels.

History reference:
Riel is the national currency of Cambodia. Before the introduction of the riel, the Indo-Chinese piastre was the monetary unit in Cambodia, to which the countrys new money was equated. The Pol Pot re...gime was preparing to introduce its own banknotes, they were printed, but they did not have time to enter circulation. In the days of the Khmer Rouge (Kampuchea), rice was the de facto currency in the country. Money and the banking system (April 1975) as a whole were abolished. The origin of the term riel is debated, with some arguing that it comes from the Khmer word for small fish. Others say it comes from the high-silver Mexican real used by Malay, Chinese and Indian traders in the mid-19th century. This version of the riel remained in effect until 1975, when the Khmer Rouge took over the country and the money was abolished. After the 1979 invasion of Vietnam that drove out the Khmer Rouge, the second and current version of the riel was introduced in 1980 when the Central Bank was restored. With no money to replace new banknotes and the economy in decline, the government first had to distribute the money to the public.