A reflective liquid crystal display device includes a first substrate on which a plurality of pixel areas are defined, a second substrate facing the first substrate, a cholesteric liquid crystal (“CLC”) layer between the first substrate and the second substrate, a linear polarization member on the second substrate, a retardation member between the linear polarization member and the CLC layer, a light absorbing layer on the first substrate, and a light conversion member corresponding to the pixel area and interposed between the CLC layer and the light absorbing layer.