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Cambodia - 1000 Cambodian Riels - Pick-51 - Cambodian Riel - Foreign Paper Money

Inv# FM1055   Paper Money Cat# P-51
Cambodia - 1000 Cambodian Riels - Pick-51 - Cambodian Riel - Foreign Paper Money
Country: Cambodia
Denomination: 1000 Riels
Years: 1999

Foreign Paper Money. Temples/Construction. Pick-51. The riel is the currency of Cambodia. There have been two distinct riel, the first issued between 1953 and May 1975. Between 1975 and 1980 the country had no monetary system. A second currency, also named "riel", has been issued since 20 March 1980. Since the 1990s citizens have used the riel alongside the U.S. dollar at the well-known rate of 4,000 KHR/USD for retail payments.

Popular belief suggests that the name of the currency comes from the Mekong river fish, the riĕl ("small fish" in Khmer). It is more likely that the name derives from the high silver content Spanish-American dollar whose value is eight reales, a coin widely used for international trade in Asia and the Americas from the 16th to 19th centuries. Read more at https://en.wikipedia.org/wiki/Cambodian_riel

Condition: Crisp Uncirculated
Item ordered may not be exact piece shown. All original and authentic.
Price: $5.00