Historic Surinamese dollar Panamanian Balboa

01/01/2019: Redenomination of the Surinamese dollar

The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).

01/01/2011: Introduction of new banknotes

New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar banknotes.

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

01/01/2004: Replacement of banknotes

New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.

23/12/1991: Devaluation of the Surinamese dollar

The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.

01/10/1985: Introduction of the Surinamese dollar

The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

01/01/1962: Introduction of the Surinamese guilder

The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.

31/12/1954: Independence of Suriname

Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official currency.

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.