RAFFLES
KHR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Degen Raffles(RAFFLES) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 RAFFLES at a value of 1 RAFFLES for 0.02 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Degen Raffles currency pair is the RAFFLES to KHR, with for Degen Raffles's currency code being RAFFLES. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.
RAFFLES to KHR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Degen Raffles has changed +9.65% to KHR. Based on the trend and price charts, Degen Raffles(RAFFLES) has changed +9.65% to KHR while Cambodian Riel(KHR) has changed % to RAFFLES in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ៛0.01986 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 16:34:33(UTC+0)
How to buy Degen Raffles
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Buy Degen Raffles (RAFFLES)
Use a variety of payment options to buy Degen Raffles on Bitget. We'll show you how.
Buy RAFFLES (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading does not currently support direct buying of RAFFLES with KHR. However, you can buy USDT in Bitget P2P trading first, and then buy RAFFLES with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RAFFLES (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading currently does not support direct selling of RAFFLES to KHR. However, you can first exchange RAFFLES for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Degen Raffles to Cambodian Riel?
Degen Raffles to Cambodian Riel is rising this week.Degen Raffles's current market price is ៛ 0.01986 per RAFFLES, with a total market cap of ៛ 0 KHR based on a circulating supply of -- RAFFLES. The trading volume of Degen Raffles has changed by -50.97% (៛ -704,241.07 KHR) in the last 24 hours. Last trading day, RAFFLES's trading volume was ៛ 1,381,731.81.
Market cap
$0
24h volume
$167.2008303
Circulating supply
0 RAFFLES
Conversion tables
The exchange rate of Degen Raffles is decreasing.1 RAFFLES is currently valued at ៛ 0.01986 KHR , which means buying 5 RAFFLES will cost ៛ 0.09932 KHR . Similarly, ៛1 KHR can be traded for 50.34 RAFFLES, and ៛50 KHR can be converted to 2,517.12 RAFFLES, excluding any platform or gas fees.
The exchange rate of 1 RAFFLES to Cambodian Riel has changed by +14.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.65%, reaching a high of 0.01986 KHR and a low of 0.01812 KHR . One month ago, the value of 1 RAFFLES was ៛ 0.2037 KHR , which represents a -90.25% change from its current value. Over the last year, Degen Raffles has changed by , resulting in a change of --% in its value.
+៛
0.01986KHRRAFFLES to KHR
Amount
17:40 today
0.5 RAFFLES
៛0.009932
1 RAFFLES
៛0.01986
5 RAFFLES
៛0.09932
10 RAFFLES
៛0.1986
50 RAFFLES
៛0.9932
100 RAFFLES
៛1.99
500 RAFFLES
៛9.93
1000 RAFFLES
៛19.86
KHR to RAFFLES
Amount17:40 today
0.5KHR25.17 RAFFLES
1KHR50.34 RAFFLES
5KHR251.71 RAFFLES
10KHR503.42 RAFFLES
50KHR2,517.12 RAFFLES
100KHR5,034.24 RAFFLES
500KHR25,171.21 RAFFLES
1000KHR50,342.42 RAFFLES
Today vs. 24 hours ago
| Amount | 17:40 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAFFLES | $0.{5}2451 | $0.{5}2235 | +9.65% |
| 1 RAFFLES | $0.{5}4902 | $0.{5}4471 | +9.65% |
| 5 RAFFLES | $0.{4}2451 | $0.{4}2235 | +9.65% |
| 10 RAFFLES | $0.{4}4902 | $0.{4}4471 | +9.65% |
| 50 RAFFLES | $0.0002451 | $0.0002235 | +9.65% |
| 100 RAFFLES | $0.0004902 | $0.0004471 | +9.65% |
| 500 RAFFLES | $0.002451 | $0.002235 | +9.65% |
| 1000 RAFFLES | $0.004902 | $0.004471 | +9.65% |
Today vs. 1 month ago
| Amount | 17:40 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAFFLES | $0.{5}2451 | $0.{4}2513 | -90.25% |
| 1 RAFFLES | $0.{5}4902 | $0.{4}5026 | -90.25% |
| 5 RAFFLES | $0.{4}2451 | $0.0002513 | -90.25% |
| 10 RAFFLES | $0.{4}4902 | $0.0005026 | -90.25% |
| 50 RAFFLES | $0.0002451 | $0.002513 | -90.25% |
| 100 RAFFLES | $0.0004902 | $0.005026 | -90.25% |
| 500 RAFFLES | $0.002451 | $0.02513 | -90.25% |
| 1000 RAFFLES | $0.004902 | $0.05026 | -90.25% |
Today vs. 1 year ago
| Amount | 17:40 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAFFLES | $0.{5}2451 | $0.00 | -- |
| 1 RAFFLES | $0.{5}4902 | $0.00 | -- |
| 5 RAFFLES | $0.{4}2451 | $0.00 | -- |
| 10 RAFFLES | $0.{4}4902 | $0.00 | -- |
| 50 RAFFLES | $0.0002451 | $0.00 | -- |
| 100 RAFFLES | $0.0004902 | $0.00 | -- |
| 500 RAFFLES | $0.002451 | $0.00 | -- |
| 1000 RAFFLES | $0.004902 | $0.00 | -- |
Degen Raffles price prediction
What will the price of RAFFLES be in 2025?
Based on RAFFLES's historical price performance prediction model, the price of RAFFLES is projected to reach $0.{4}9923 in 2025.
What will the price of RAFFLES be in 2030?
In 2030, the RAFFLES price is expected to change by -7.00%. By the end of 2030, the RAFFLES price is projected to reach $0.0001464, with a cumulative ROI of +2886.69%.
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Popular Degen Raffles conversions
Check out these popular currency conversions of Degen Raffles to several fiat currencies.
Degen Raffles to USD
1 RAFFLES to $ 0.{5}4902 USD
Degen Raffles to GBP
1 RAFFLES to £ 0.{5}3885 GBP
Degen Raffles to EUR
1 RAFFLES to € 0.{5}4649 EUR
Degen Raffles to KRW
1 RAFFLES to ₩ 0.006843 KRW
Degen Raffles to CAD
1 RAFFLES to $ 0.{5}6913 CAD
Degen Raffles to AUD
1 RAFFLES to $ 0.{5}7587 AUD
Degen Raffles to JPY
1 RAFFLES to ¥ 0.0007566 JPY
Degen Raffles to BRL
1 RAFFLES to R$ 0.{4}2842 BRL
Degen Raffles to CNY
1 RAFFLES to ¥ 0.{4}3548 CNY
Degen Raffles to TWD
1 RAFFLES to NT$ 0.0001592 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Degen Raffles and KHR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Degen Raffles and KHR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Degen Raffles in KHR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
