Converting from Azerbaijani Manat (AZN) to Cambodia Riel (KHR)

What is Azerbaijani Manat (AZN)

The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, a country located at the crossroads of Eastern Europe and Western Asia. The manat was introduced in 1992, replacing the Soviet ruble, and is subdivided into 100 qəpik. The currency symbol for the manat is ₼, and it is further denoted by the ISO code AZN.

The manat is issued by the Central Bank of Azerbaijan and is used throughout the country for all financial transactions. It has undergone several changes in value since its introduction, primarily due to fluctuations in the economy, including the country’s reliance on oil exports. The economy has seen both growth and challenges, impacting the strength of the manat against other global currencies.

When exchanging Azerbaijani Manat for other currencies, it is crucial to check the latest exchange rates, as they can vary significantly based on market conditions. Today, the manat is a stable currency within the region, but understanding its value in relation to other currencies, such as the Cambodia Riel, can help travelers and businesses make informed decisions.

What is Cambodia Riel (KHR)

The Cambodia Riel (KHR) is the official currency of Cambodia, a Southeast Asian nation known for its rich history and cultural heritage. Established in 1953 after gaining independence from French colonial rule, the riel is subdivided into 100 sen. The currency symbol for the riel is ៛, while the ISO code is KHR.

Although the riel is the national currency, the US dollar (USD) is also widely accepted in Cambodia, especially in urban areas and tourist destinations. In fact, many transactions are commonly conducted in both currencies. The Central Bank of Cambodia issues the riel, and it plays a vital role in the country’s economy. However, it has experienced periods of inflation and depreciation, particularly in the decades following the Khmer Rouge regime.

When converting KHR to other currencies, such as the Azerbaijani Manat, it’s important to consider the current exchange rates. The riel's value can fluctuate based on various economic factors, including tourism, foreign investment, and trade.

Converting AZN to KHR

To convert Azerbaijani Manat to Cambodia Riel, one must refer to a reliable financial service or currency exchange platform to get the latest rates. As of recent data, if the exchange rate is ＄1 AZN = 1,500 KHR＄, then to find the value of an amount in AZN converted to KHR, you would multiply that amount by the exchange rate:

Amount in KHR = Amount in AZN × 1,500

For example, if you have 10 AZN, the conversion would be:

10 AZN × 1,500 = 15,000 KHR

Understanding the conversion between these two currencies can greatly benefit travelers and businesses involved in international trade.