Cambodian Riel in Icelandic Króna

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.

ISK Icelandic Króna

Country of application:
Iceland

Coin denominations in circulation:
1, 5, 10, 50, 100 CZK.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10,000 kroons.

History reference:
The Icelandic krone is the currency of Iceland. Introduced in 1885. Icelandic ATMs are located in all banks in Iceland, large supermarkets, major hotels and hotels, and on most central streets in Ice...land. In all of them, the rate of the Icelandic currency is the same. Icelandic ATMs work with all types of credit transactions. In 1961, the Central Bank of Iceland was established, which, starting in 1963, began issuing banknotes, gradually replacing the National Banks banknotes in circulation. In 1981, a monetary reform was carried out in the country: old kroons were exchanged for new ones from January 1 to June 30 at a ratio of 100:1. Currently, the Icelandic government states the need to abandon the national currency and switch to the currency of another, economically stronger country. Prior to joining the European Union and the introduction of the euro, options for the Canadian or Australian dollar are being considered.