Historic Panamanian Balboa Cambodian Riel

Panamanian Balboa cambodian riel history for November 2023. The highest quote for this month is 4218.91 (06/11/2023) and the lowest 4134.05 (01/11/2023). The difference between high and low is 2.01.

PAB KHR average rate for November 2023 is 4169.32538, the change between 01/11/2023 and 30/11/2023 is +0.53 %.

01 November 20231 PAB = 4224.88 KHR
02 November 20231 PAB = 4223.40 KHR
03 November 20231 PAB = 4132.94 KHR
06 November 20231 PAB = 4130.04 KHR
07 November 20231 PAB = 4215.84 KHR
08 November 20231 PAB = 4222.15 KHR
09 November 20231 PAB = 4205.46 KHR
10 November 20231 PAB = 4203.35 KHR
12 November 20231 PAB = 4108.00 KHR
13 November 20231 PAB = 4125.83 KHR
14 November 20231 PAB = 4199.99 KHR
15 November 20231 PAB = 4203.64 KHR
16 November 20231 PAB = 4202.76 KHR
17 November 20231 PAB = 4199.26 KHR
18 November 20231 PAB = 4110.00 KHR
19 November 20231 PAB = 4110.00 KHR
20 November 20231 PAB = 4123.02 KHR
21 November 20231 PAB = 4199.45 KHR
22 November 20231 PAB = 4202.18 KHR
23 November 20231 PAB = 4115.97 KHR
24 November 20231 PAB = 4116.27 KHR
26 November 20231 PAB = 4104.00 KHR
27 November 20231 PAB = 4116.27 KHR
28 November 20231 PAB = 4201.30 KHR
29 November 20231 PAB = 4203.79 KHR
30 November 20231 PAB = 4202.67 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.
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