


DZD information
About Cambodian Riel (KHR)
The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.
Historical Background
The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.
Design and Symbolism
The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.
Economic Role
The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.
Monetary Policy and Inflation
Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.
International Trade and the Cambodian Riel
The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.
VAL to DZD conversion rate trend
VAL to DZD market statistics
More info about Validity on Bitget
Current VAL to DZD exchange rate
Validity to Cambodian Riel is falling this week.VAL to DZD Conversion tables
The exchange rate of Validity is decreasing.VAL to DZD
DZD to VAL
VAL to DZD Today vs. 24 hours ago
Amount | 19:18 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VAL | د.ج40.43 | د.ج37.29 | +8.41% |
1 VAL | د.ج80.86 | د.ج74.59 | +8.41% |
5 VAL | د.ج404.32 | د.ج372.93 | +8.41% |
10 VAL | د.ج808.65 | د.ج745.85 | +8.41% |
50 VAL | د.ج4,043.23 | د.ج3,729.25 | +8.41% |
100 VAL | د.ج8,086.47 | د.ج7,458.5 | +8.41% |
500 VAL | د.ج40,432.33 | د.ج37,292.52 | +8.41% |
1000 VAL | د.ج80,864.66 | د.ج74,585.05 | +8.41% |
VAL to DZD Today vs. 1 month ago
Amount | 19:18 today | 1 month ago | 1M change |
---|---|---|---|
0.5 VAL | د.ج40.43 | د.ج44.4 | -8.92% |
1 VAL | د.ج80.86 | د.ج88.79 | -8.92% |
5 VAL | د.ج404.32 | د.ج443.97 | -8.92% |
10 VAL | د.ج808.65 | د.ج887.93 | -8.92% |
50 VAL | د.ج4,043.23 | د.ج4,439.67 | -8.92% |
100 VAL | د.ج8,086.47 | د.ج8,879.33 | -8.92% |
500 VAL | د.ج40,432.33 | د.ج44,396.67 | -8.92% |
1000 VAL | د.ج80,864.66 | د.ج88,793.33 | -8.92% |
VAL to DZD Today vs. 1 year ago
Amount | 19:18 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 VAL | د.ج40.43 | د.ج148.22 | -72.69% |
1 VAL | د.ج80.86 | د.ج296.44 | -72.69% |
5 VAL | د.ج404.32 | د.ج1,482.19 | -72.69% |
10 VAL | د.ج808.65 | د.ج2,964.37 | -72.69% |
50 VAL | د.ج4,043.23 | د.ج14,821.86 | -72.69% |
100 VAL | د.ج8,086.47 | د.ج29,643.72 | -72.69% |
500 VAL | د.ج40,432.33 | د.ج148,218.6 | -72.69% |
1000 VAL | د.ج80,864.66 | د.ج296,437.2 | -72.69% |
How to convert VAL to DZD



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