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 January 2024
PAB KHR February 2024
PAB KHR March 2024
PAB KHR April 2024
PAB KHR May 2024
PAB KHR June 2024
PAB KHR July 2024
PAB KHR August 2024
PAB KHR September 2024
PAB KHR October 2024
PAB KHR November 2024
PAB KHR December 2024
PAB KHR January 2025