Historic Panamanian Balboa Cambodian Riel

Panamanian Balboa cambodian riel history for January 2024. The highest quote for this month is 4183.75 (08/01/2024) and the lowest 4097.98 (09/01/2024). The difference between high and low is 2.05.

PAB KHR average rate for January 2024 is 4127.86296, the change between 01/01/2024 and 31/01/2024 is -1.93 %.

01 January 20241 PAB = 4087.38 KHR
02 January 20241 PAB = 4087.38 KHR
03 January 20241 PAB = 4163.67 KHR
04 January 20241 PAB = 4168.87 KHR
05 January 20241 PAB = 4178.85 KHR
06 January 20241 PAB = 4086.00 KHR
07 January 20241 PAB = 4086.00 KHR
08 January 20241 PAB = 4094.70 KHR
09 January 20241 PAB = 4182.73 KHR
10 January 20241 PAB = 4099.42 KHR
11 January 20241 PAB = 4173.62 KHR
12 January 20241 PAB = 4169.17 KHR
14 January 20241 PAB = 4071.00 KHR
15 January 20241 PAB = 4085.98 KHR
16 January 20241 PAB = 4083.18 KHR
17 January 20241 PAB = 4082.31 KHR
18 January 20241 PAB = 4165.83 KHR
19 January 20241 PAB = 4161.66 KHR
22 January 20241 PAB = 4078.22 KHR
23 January 20241 PAB = 4162.81 KHR
24 January 20241 PAB = 4165.79 KHR
25 January 20241 PAB = 4163.11 KHR
26 January 20241 PAB = 4164.66 KHR
28 January 20241 PAB = 4071.00 KHR
29 January 20241 PAB = 4083.21 KHR
30 January 20241 PAB = 4169.36 KHR
31 January 20241 PAB = 4166.39 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 August 2023
PAB KHR September 2023
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PAB KHR January 2024
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