Just so simple… we need Cambodian coins

100 rielWe still waiting the decision to restore the Cambodian coins, another victim of the wars and political conflicts of the end of the 20th century. You just see the ripped poor 100 Riel notes going around the markets and you feel ashamed.

Coins save money, because they resist the degradation of time. Notes, bills, are paper anyway and it is a piece of paper going from hand to thousands of hands. You can contemplate coins from ancient cultures that were coined more than three thousand years ago! It would be difficult, surely, for our future descendants to preserve our modern paper bills for so long, knowing also that electronic money is conquering little by little our societies.

1860camcoinBut even if electronic money will get its historical dominance, coins will continue being an important piece of economy. You have a coin to introduce in a coffee machine or give a tip. You have a coin to be exact in paying or getting the change. You have a coin to play heads or tails (try to do it with a 100 Riel note.)

If the Cambodian Bank takes this wise decision before any Canoes’ Festival (Barang call it the Water Festival with the complicity of the tourist agencies,) it should think also to cut three zeros from the Riel to reduce even more expenses and confusion: a 1,000 bill would become 1 Riel that would be one quarter of dollar (USD 0,25) and, of course, 4,000 Riel will become 4 Riel that is One Dollar!

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About Albeiro Rodas

Albeiro Rodas (in Cambodia Sky Ly Samnang), is a MA in Digital Communication, independent journalist and a Salesian of Don Bosco from Amalfi, Colombia, based in Cambodia since 1999. He is the creator of the Don Bosco schools of journalism in Sihanoukville and Kep with young people from poor communities and the founder of the Don Bosco Kep Children Fund. Medal for Social Commitment UPB (2010); among the 100 more upstanding Colombians abroad (Marca Colombia, 2012, http://www.youtube.com/watch?v=X39xwdGtVXI) and among the 12 Colombians that are making this a better world 2013 (http://www.colombia.co/en/culture/colombians-that-are-making-this-a-better-world.html).

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