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Steem Dollars to Cambodian Riel Converter and calculator

Convert 1Steem Dollars (SBD) to Cambodian Riel (KHR) equals ៛ 12,301.71 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Steem Dollars(SBD) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 SBD at a value of 1 SBD for 12,301.71 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.

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

SBD to KHR conversion rate trend

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In the past 1D, Steem Dollars has changed +1.60% to KHR. Based on the trend and price charts, Steem Dollars(SBD) has changed +1.60% to KHR while Cambodian Riel(KHR) has changed % to SBD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
៛12,290.98
0.0200% / 0.0320%vip-iconVIP 7
Huobi
៛12,217.65
0.1000% / 0.1000%
Yes
Last updated 2024/11/22 00:00:19(UTC+0)

How to buy Steem Dollars

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Steem Dollars (SBD)
Use a variety of payment options to buy Steem Dollars on Bitget. We'll show you how.

Buy SBD (or USDT) for KHR (Cambodian Riel) offers

Bitget P2P trading does not currently support direct buying of SBD with KHR. However, you can buy USDT in Bitget P2P trading first, and then buy SBD with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Zero fees
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Sell SBD (or USDT) for KHR (Cambodian Riel) offers

Bitget P2P trading currently does not support direct selling of SBD to KHR. However, you can first exchange SBD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Steem Dollars to Cambodian Riel?

Steem Dollars to Cambodian Riel is rising this week.
Steem Dollars's current market price is ៛ 12,301.71 per SBD, with a total market cap of ៛ 169,822,834,638.84 KHR based on a circulating supply of 13,804,818 SBD. The trading volume of Steem Dollars has changed by +7.32% (៛ 433,856,667.46 KHR) in the last 24 hours. Last trading day, SBD's trading volume was ៛ 5,927,246,573.7.
Market cap
$42.04M
24h volume
$1.57M
Circulating supply
13.80M SBD

Conversion tables

The exchange rate of Steem Dollars is increasing.
1 SBD is currently valued at ៛ 12,301.71 KHR , which means buying 5 SBD will cost ៛ 61,508.54 KHR . Similarly, ៛1 KHR can be traded for 0.{4}8129 SBD, and ៛50 KHR can be converted to 0.004064 SBD, excluding any platform or gas fees.
The exchange rate of 1 SBD to Cambodian Riel has changed by +12.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.60%, reaching a high of 12,488.86 KHR and a low of 11,795.87 KHR . One month ago, the value of 1 SBD was ៛ 10,774.15 KHR , which represents a +14.16% change from its current value. Over the last year, Steem Dollars has changed by
-
8,250.49KHR
, resulting in a change of -40.12% in its value.

SBD to KHR

Amount
01:40 am today
0.5 SBD
6,150.85
1 SBD
12,301.71
5 SBD
61,508.54
10 SBD
123,017.07
50 SBD
615,085.35
100 SBD
1,230,170.71
500 SBD
6,150,853.55
1000 SBD
12,301,707.09

KHR to SBD

Amount01:40 am today
0.5KHR0.{4}4064  SBD
1KHR0.{4}8129  SBD
5KHR0.0004064  SBD
10KHR0.0008129  SBD
50KHR0.004064  SBD
100KHR0.008129  SBD
500KHR0.04064  SBD
1000KHR0.08129  SBD

Today vs. 24 hours ago

Amount01:40 am today24 hours ago24h change
0.5 SBD$1.52$1.5
+1.60%
1 SBD$3.05$3
+1.60%
5 SBD$15.23$14.99
+1.60%
10 SBD$30.45$29.97
+1.60%
50 SBD$152.26$149.86
+1.60%
100 SBD$304.51$299.72
+1.60%
500 SBD$1,522.55$1,498.62
+1.60%
1000 SBD$3,045.11$2,997.23
+1.60%

Today vs. 1 month ago

Amount01:40 am today1 month ago1M change
0.5 SBD$1.52$1.33
+14.16%
1 SBD$3.05$2.67
+14.16%
5 SBD$15.23$13.33
+14.16%
10 SBD$30.45$26.67
+14.16%
50 SBD$152.26$133.35
+14.16%
100 SBD$304.51$266.7
+14.16%
500 SBD$1,522.55$1,333.49
+14.16%
1000 SBD$3,045.11$2,666.98
+14.16%

Today vs. 1 year ago

Amount01:40 am today1 year ago1Y change
0.5 SBD$1.52$2.54
-40.12%
1 SBD$3.05$5.09
-40.12%
5 SBD$15.23$25.44
-40.12%
10 SBD$30.45$50.87
-40.12%
50 SBD$152.26$254.37
-40.12%
100 SBD$304.51$508.74
-40.12%
500 SBD$1,522.55$2,543.7
-40.12%
1000 SBD$3,045.11$5,087.39
-40.12%

Steem Dollars price prediction

What will the price of SBD be in 2025?

Based on SBD's historical price performance prediction model, the price of SBD is projected to reach $4.68 in 2025.

What will the price of SBD be in 2030?

In 2030, the SBD price is expected to change by -7.00%. By the end of 2030, the SBD price is projected to reach $6.73, with a cumulative ROI of +123.10%.

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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 Steem Dollars 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 Steem Dollars 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 Steem Dollars 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.