Peruvian Sol in Cambodian Riel

PEN Peruvian Sol

Country of application:
Peru

Coin denominations in circulation:
10, 20, 50 sentimo, 1, 2, 5 salts.

Denominations of banknotes in circulation:
10, 20, 50, 100 salts.

History reference:
The Peruvian Sol is the national currency of the Republic of Peru. Sol was introduced on February 14, 1863 as a result of a monetary reform to replace the old Spanish monetary system with a new natio...nal Peruvian one. Prior to that, from 1858 to 1863, Republican Peru issued denominations in reals, centavos and escudos. A decimal system was introduced, 1 new sol was equal to 10 old reais. Salt also replaced the Bolivian peso, which was common in the south of Peru, the exchange was made at the rate of 1.25 pesos per 1 new Peruvian salt. Initially, the new currency was pegged to the French franc: 1 sol was equal to 5 francs, about five sols were equal to the British sovereign.

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.