MIDAS to KHR Converter and calculator


Conversion rates
Convert MIDAS to KHR
Convert KHR to MIDAS
MIDAS to KHR chart
MIDAS to KHR conversion data: Volatility and price changes of Midas The Minotaur in KHR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 1.59 KHR | 1.59 KHR | 1.59 KHR | 1.49 KHR |
Low | 0.6894 KHR | 0.4726 KHR | 0.4726 KHR | 0.4726 KHR |
Average | 0 KHR | 0 KHR | 0 KHR | 0 KHR |
Volatility | % | % | % | % |
Change | +127.82% | +205.44% | +182.70% | +148.15% |
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Midas The Minotaur information
MIDAS to KHR market statistics
Current MIDAS to KHR exchange rate
Midas The Minotaur to Cambodian Riel is rising this week.More info about Midas The Minotaur on Bitget
Cambodian Riel 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.
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MIDAS to KHR Conversion tables
Amount | 23:35 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MIDAS | ៛0.8004 | ៛0.3559 | +127.82% |
1 MIDAS | ៛1.6 | ៛0.7118 | +127.82% |
5 MIDAS | ៛8 | ៛3.56 | +127.82% |
10 MIDAS | ៛16.01 | ៛7.12 | +127.82% |
50 MIDAS | ៛80.04 | ៛35.59 | +127.82% |
100 MIDAS | ៛160.07 | ៛71.18 | +127.82% |
500 MIDAS | ៛800.35 | ៛355.88 | +127.82% |
1000 MIDAS | ៛1,600.7 | ៛711.76 | +127.82% |
MIDAS to KHR FAQ
What factors influence the conversion rate of MIDAS to KHR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Midas The Minotaur in the US is $0.0003996 USD. Additionally, Midas The Minotaur’s price is €0.0003419 EUR in the eurozone, £0.0002958 GBP in the UK, C$0.0005495 CAD in Canada, ₹0.03523 INR in India, ₨0.1126 PKR in Pakistan, R$0.002170 BRL in Brazil, and more.
The most popular Midas The Minotaur currency pair is the MIDAS to Cambodian Riel(KHR). The price of 1 Midas The Minotaur (MIDAS) in Cambodian Riel (KHR) is ៛1.6.
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