Historic Panamanian Balboa Cambodian Riel

Panamanian Balboa cambodian riel history for February 2024. The highest quote for this month is 4169.03 (07/02/2024) and the lowest 4086.54 (01/02/2024). The difference between high and low is 1.98.

PAB KHR average rate for February 2024 is 4126.23444, the change between 01/02/2024 and 29/02/2024 is +0.07 %.

01 February 20241 PAB = 4174.63 KHR
02 February 20241 PAB = 4173.59 KHR
03 February 20241 PAB = 4074.00 KHR
04 February 20241 PAB = 4074.00 KHR
05 February 20241 PAB = 4087.83 KHR
06 February 20241 PAB = 4085.67 KHR
07 February 20241 PAB = 4167.19 KHR
08 February 20241 PAB = 4166.98 KHR
09 February 20241 PAB = 4164.20 KHR
12 February 20241 PAB = 4080.58 KHR
13 February 20241 PAB = 4167.09 KHR
14 February 20241 PAB = 4167.54 KHR
15 February 20241 PAB = 4165.13 KHR
16 February 20241 PAB = 4164.49 KHR
17 February 20241 PAB = 4068.00 KHR
18 February 20241 PAB = 4068.00 KHR
19 February 20241 PAB = 4077.70 KHR
20 February 20241 PAB = 4078.09 KHR
21 February 20241 PAB = 4166.05 KHR
22 February 20241 PAB = 4167.65 KHR
23 February 20241 PAB = 4164.21 KHR
24 February 20241 PAB = 4065.00 KHR
25 February 20241 PAB = 4065.00 KHR
26 February 20241 PAB = 4076.77 KHR
27 February 20241 PAB = 4164.71 KHR
28 February 20241 PAB = 4162.34 KHR
29 February 20241 PAB = 4171.89 KHR

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

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.
PAB KHR January 2024
PAB KHR February 2024
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