30/06/2020: Introduction of new banknotes
New banknotes of the Croatian kuna were introduced to enhance security features and improve durability.
30/06/2013: Croatia becomes EU member
Croatia officially became a member of the European Union, strengthening the integration of the kuna within the European financial system.
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.
30/06/2008: The Croatian National Bank takes over currency issuance
The Croatian National Bank started issuing all denominations of kuna banknotes, taking over this responsibility from the Croatian Monetary Institute.
30/06/2004: Croatia joins EU Exchange Rate Mechanism
Croatia joined the European Union Exchange Rate Mechanism, a precursor to adopting the Euro as the country's currency.
14/11/1999: Currency stabilization
The Croatian National Bank implemented measures to stabilize the value of the kuna, reducing inflation and ensuring economic stability.
30/06/1997: Kuna becomes convertible currency
The Croatian Kuna became a fully convertible currency, allowing for free exchange and trade.
29/05/1994: Introduction of the Croatian Kuna
The Croatian kuna was introduced as the official currency of Croatia, replacing the Yugoslav Dinar.
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.
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.