Historic Panamanian Balboa Jordanian dinar

17/03/2020: COVID-19 Impact on the Dinar

The COVID-19 pandemic and its economic consequences significantly impacted the value and stability of the Jordanian dinar.

10/11/2019: Announcement of Digitizing the Dinar

The Central Bank of Jordan announced its plan to digitize the Jordanian dinar to enhance efficiency and reduce costs.

15/12/2013: Launch of the New 50 Dinar Note

A new 50 dinar banknote featuring King Abdullah II was released, replacing the old design.

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.

01/01/2001: Introduction of New Dinar Notes

New banknotes of the Jordanian dinar were introduced with enhanced security features.

01/07/1989: Devaluation of the Dinar

The Jordanian dinar was devalued by 50% to stimulate exports and economic growth.

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.

01/03/1965: Replacement of Filas

The filas, a fractional unit of the dinar, were replaced by smaller denomination coins.

01/04/1950: Introduction of the Jordanian Dinar

The Jordanian dinar was introduced as the official currency of Jordan, replacing the Palestine pound.

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.