Convert Malaysian Ringgit to Cambodian Riel
Instantly convert Malaysian Ringgit (RM) to Cambodian Riel (៛) with our free online calculator.
Reference Table
| Malaysian Ringgit (RM) | Cambodian Riel (៛) |
|---|---|
| 1 | 1 |
| 5 | 5 |
| 10 | 10 |
| 50 | 50 |
| 100 | 100 |
| 1000 | 1000 |
How to Convert Malaysian Ringgit to Cambodian Riel
Live Exchange Rate Conversion
Convert Malaysian Ringgit (RM) to Cambodian Riel (៛) using live exchange rates updated hourly. The rate reflects the current mid-market price — the most accurate reference for currency comparison.
Step-by-Step
- Open the RM to ៛ converter above.
- Enter the amount you want to convert in the RM (Malaysian Ringgit) input field.
- The converter fetches the latest exchange rate and instantly shows the equivalent value in ៛ (Cambodian Riel).
- Use the swap button to reverse the conversion direction if needed.
About Malaysian Ringgit (RM)
The Malaysian Ringgit (MYR, ISO 4217 code 458, symbol RM; historically 'Malaysian Dollar' until 1975) is the official currency of Malaysia, issued by Bank Negara Malaysia (BNM, est. 1959). Subdivided into 100 sen. Banknotes: RM1, RM5, RM10, RM20, RM50, RM100 (current series features King Tuanku Abdul Rahman portrait, traditional kites/wau, and Malaysian flora/fauna); coins: 5 sen, 10 sen, 20 sen, 50 sen (1 sen withdrawn from common circulation 2008). MYR was pegged to USD at RM3.80 per USD from September 1998 to July 2005 following the Asian Financial Crisis (Malaysia famously rejected IMF assistance and imposed capital controls under Prime Minister Mahathir Mohamad). Since 2005 the ringgit floats against a basket. Malaysia is the world's 2nd-largest palm oil producer (after Indonesia), a major LNG exporter, and home to a significant Islamic-finance industry (the Kuala Lumpur stock exchange Bursa Malaysia and the Labuan IBFC offshore center). BNM targets price stability + sustainable economic growth.
About Cambodian Riel (៛)
The Cambodian Riel (KHR, ISO 4217 code 116, symbol ៛ or KHR) is the official currency of the Kingdom of Cambodia, issued by the National Bank of Cambodia (NBC, est. 1979 in its modern form, after the Khmer Rouge regime had abolished all money 1975-1979 — Cambodia operated without currency for four years, with all market transactions banned). Subdivided into 100 sen (no longer in circulation). Banknotes: ៛50, ៛100, ៛500, ៛1,000, ៛2,000, ៛5,000, ៛10,000, ៛20,000, ៛30,000 (rare commemorative), ៛50,000, ៛100,000 (the highest regular-circulation denomination; current series features King Norodom Sihamoni portrait and Cambodian temples — the Angkor Wat UNESCO World Heritage Site, the Banteay Srei temple, Royal Palace of Phnom Penh). Coins are not in active circulation. Cambodia is highly 'dollarized' — the US dollar circulates alongside KHR and is preferred for transactions above ~$5, with ~80-90% of bank deposits held in USD. The NBC has been actively pursuing 'de-dollarization' policies including the launch of the Bakong CBDC (October 2020 — one of the world's first national-level retail blockchain payment systems, in partnership with Soramitsu Co. Ltd.).
Quick Facts
- Malaysian Ringgit (RM) is a currency unit
- Cambodian Riel (៛) is a currency unit
- Exchange rates are updated hourly from live market data
- Rates shown are mid-market (interbank) rates
- This conversion is commonly used in international travel, online shopping, and business transactions
- Use the swap button to convert ៛ back to RM
Understanding Malaysian Ringgit
The Malaysian Ringgit (symbol: RM) is a unit of currency. The Malaysian Ringgit (MYR, ISO 4217 code 458, symbol RM; historically 'Malaysian Dollar' until 1975) is the official currency of Malaysia, issued by Bank Negara Malaysia (BNM, est. 1959). Subdivided into 100 sen. Banknotes: RM1, RM5, RM10, RM20, RM50, RM100 (current series features King Tuanku Abdul Rahman portrait, traditional kites/wau, and Malaysian flora/fauna); coins: 5 sen, 10 sen, 20 sen, 50 sen (1 sen withdrawn from common circulation 2008). MYR was pegged to USD at RM3.80 per USD from September 1998 to July 2005 following the Asian Financial Crisis (Malaysia famously rejected IMF assistance and imposed capital controls under Prime Minister Mahathir Mohamad). Since 2005 the ringgit floats against a basket. Malaysia is the world's 2nd-largest palm oil producer (after Indonesia), a major LNG exporter, and home to a significant Islamic-finance industry (the Kuala Lumpur stock exchange Bursa Malaysia and the Labuan IBFC offshore center). BNM targets price stability + sustainable economic growth.
Malaysian Ringgit are commonly used in international travel, online shopping, and business transactions.
Understanding Cambodian Riel
The Cambodian Riel (symbol: ៛) is a unit of currency. The Cambodian Riel (KHR, ISO 4217 code 116, symbol ៛ or KHR) is the official currency of the Kingdom of Cambodia, issued by the National Bank of Cambodia (NBC, est. 1979 in its modern form, after the Khmer Rouge regime had abolished all money 1975-1979 — Cambodia operated without currency for four years, with all market transactions banned). Subdivided into 100 sen (no longer in circulation). Banknotes: ៛50, ៛100, ៛500, ៛1,000, ៛2,000, ៛5,000, ៛10,000, ៛20,000, ៛30,000 (rare commemorative), ៛50,000, ៛100,000 (the highest regular-circulation denomination; current series features King Norodom Sihamoni portrait and Cambodian temples — the Angkor Wat UNESCO World Heritage Site, the Banteay Srei temple, Royal Palace of Phnom Penh). Coins are not in active circulation. Cambodia is highly 'dollarized' — the US dollar circulates alongside KHR and is preferred for transactions above ~$5, with ~80-90% of bank deposits held in USD. The NBC has been actively pursuing 'de-dollarization' policies including the launch of the Bakong CBDC (October 2020 — one of the world's first national-level retail blockchain payment systems, in partnership with Soramitsu Co. Ltd.).
Cambodian Riel are commonly used in international travel, online shopping, and business transactions.
Why Convert Malaysian Ringgit to Cambodian Riel?
When travelling abroad, shopping from international retailers, or managing cross-border business payments, converting between Malaysian Ringgit and Cambodian Riel is an everyday necessity. Freelancers invoicing international clients, investors monitoring foreign markets, and students comparing cost-of-living data all benefit from instant, accurate currency conversion with live exchange rates.
Frequently Asked Questions
How do I convert Malaysian Ringgit to Cambodian Riel?
Enter any RM amount in the converter above. It automatically fetches the latest exchange rate and instantly calculates the equivalent ៛ value. No manual calculation is needed.
How often is the RM/៛ exchange rate updated?
MegaCalc updates currency exchange rates hourly from live market data. The rate displayed reflects the current mid-market rate at the time of conversion.
What is the mid-market RM/៛ exchange rate?
The mid-market rate is the midpoint between the buy and sell prices on the global foreign exchange market. It is the most accurate reference rate for comparing currencies. Banks and exchange services add a spread on top of this rate, so the rate you receive at a bank or airport will differ slightly.
Can I convert ៛ back to RM?
Yes. Use the swap button on the converter to reverse the conversion direction and calculate ៛ to RM instantly at the current exchange rate.
Why do I need to convert Malaysian Ringgit to Cambodian Riel?
RM to ៛ conversions are needed for international travel, online shopping from foreign retailers, cross-border business payments, and comparing prices or costs across countries. Investors and freelancers working with multiple currencies also rely on accurate exchange rate data for financial planning.