Ghanaian Cedi in Cambodian Riel

GHS Ghanaian Cedi

Country of application:
Ghana

Coin denominations in circulation:
1, 5, 10, 20, 50 pesews, 1, 2 Gangetic cedis.

Denominations of banknotes in circulation:
1, 2, 5, 10, 20, 50, 100, 200 Ghanaian cedi.

History reference:
The Cedi is the currency of Ghana, introduced on July 19, 1965, issued by the Bank of Ghana. The name "cedi" comes from the Ashanti language and means "dear" in translation. In 1844 - 1913 Ghana, as ...well as a number of states on the coast of the Gulf of Guinea in West Africa, were a British colony, which was called the "Gold Coast". On the Gold Coast, the pound sterling was used as the currency. In 1913, a new currency, the West African pound, was introduced. In 1957, Ghana gained independence and in 1958 the government carried out a monetary reform, as a result of which the Ghana pound was put into circulation at a 1: 1 exchange rate with the West African pound.

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.