2 Pe / 1/2 Fuang - Hamsa

Cambodia's billon coinage of this period was produced under the reign of Ang Duong, who ruled as a tributary king caught between Siamese and Vietnamese imperial pressure. These small-denomination pieces circulated in a monetary environment where foreign coins — Vietnamese cash, Siamese bullet money, and Chinese copper — competed freely in local markets. The Khmer royal issues were never the dominant currency even within their own kingdom.

The billon alloy itself signals fiscal constraint. By mid-century the royal treasury had limited access to pure silver.