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Maker to Cambodian Riel Converter and calculator

Convert 1Maker (MKR) to Cambodian Riel (KHR) equals ៛ 12,042,811.25 | Bitget

KHR 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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Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to KHR, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.

MKR to KHR conversion rate trend

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In the past 1D, Maker has changed +11.94% to KHR. Based on the trend and price charts, Maker(MKR) has changed +11.94% to KHR while Cambodian Riel(KHR) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
៛11,983,378.12
0.0001% / 0.0004%vip-iconVIP
Binance
៛11,991,044
0.1000% / 0.1000%
Yes
OKX
៛11,975,712.24
0.080% / 0.100%
Yes
Huobi
៛11,988,784.58
0.1000% / 0.1000%
Yes
Gate.io
៛11,971,112.72
0.1000% / 0.1000%
Yes
Bybit
៛11,983,781.59
0.1000% / 0.1000%
Yes
KuCoin
៛11,964,294.12
0.1000% / 0.1000%
Yes
Bitfinex
៛11,978,939.98
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 19:00:33(UTC+0)

What factors influence the conversion rate of Maker to Cambodian Riel?

Maker to Cambodian Riel is falling this week.
Maker's current market price is ៛ 12,042,811.25 per MKR, with a total market cap of ៛ 11,136,104,660,858.51 KHR based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +82.47% (៛ 381,365,583,701.62 KHR) in the last 24 hours. Last trading day, MKR's trading volume was ៛ 462,409,845,224.97.
Market cap
$2.76B
24h volume
$209.13M
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at ៛ 12,042,811.25 KHR , which means buying 5 MKR will cost ៛ 60,214,056.26 KHR . Similarly, ៛1 KHR can be traded for 0.{7}8304 MKR, and ៛50 KHR can be converted to 0.{5}4152 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Cambodian Riel has changed by -16.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.94%, reaching a high of 12,078,458.38 KHR and a low of 9,968,956.56 KHR . One month ago, the value of 1 MKR was ៛ 11,174,319.54 KHR , which represents a +7.77% change from its current value. Over the last year, Maker has changed by
+
865,106.22KHR
, resulting in a change of +287.48% in its value.

MKR to KHR

Amount
19:58 today
0.5 MKR
6,021,405.63
1 MKR
12,042,811.25
5 MKR
60,214,056.26
10 MKR
120,428,112.53
50 MKR
602,140,562.63
100 MKR
1,204,281,125.26
500 MKR
6,021,405,626.32
1000 MKR
12,042,811,252.63

KHR to MKR

Amount19:58 today
0.5KHR0.{7}4152  MKR
1KHR0.{7}8304  MKR
5KHR0.{6}4152  MKR
10KHR0.{6}8304  MKR
50KHR0.{5}4152  MKR
100KHR0.{5}8304  MKR
500KHR0.{4}4152  MKR
1000KHR0.{4}8304  MKR
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Today vs. 24 hours ago

Amount19:58 today24 hours ago24h change
0.5 MKR$1,492.42$1,333.22
+11.94%
1 MKR$2,984.83$2,666.43
+11.94%
5 MKR$14,924.15$13,332.16
+11.94%
10 MKR$29,848.31$26,664.32
+11.94%
50 MKR$149,241.53$133,321.62
+11.94%
100 MKR$298,483.06$266,643.24
+11.94%
500 MKR$1,492,415.3$1,333,216.2
+11.94%
1000 MKR$2,984,830.6$2,666,432.4
+11.94%

Today vs. 1 month ago

Amount19:58 today1 month ago1M change
0.5 MKR$1,492.42$1,384.79
+7.77%
1 MKR$2,984.83$2,769.57
+7.77%
5 MKR$14,924.15$13,847.87
+7.77%
10 MKR$29,848.31$27,695.74
+7.77%
50 MKR$149,241.53$138,478.67
+7.77%
100 MKR$298,483.06$276,957.35
+7.77%
500 MKR$1,492,415.3$1,384,786.75
+7.77%
1000 MKR$2,984,830.6$2,769,573.5
+7.77%

Today vs. 1 year ago

Amount19:58 today1 year ago1Y change
0.5 MKR$1,492.42$385.21
+287.48%
1 MKR$2,984.83$770.41
+287.48%
5 MKR$14,924.15$3,852.06
+287.48%
10 MKR$29,848.31$7,704.13
+287.48%
50 MKR$149,241.53$38,520.63
+287.48%
100 MKR$298,483.06$77,041.26
+287.48%
500 MKR$1,492,415.3$385,206.3
+287.48%
1000 MKR$2,984,830.6$770,412.6
+287.48%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.