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.
27/04/2010: Adoption of new currency symbol
Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.
29/07/2003: Introduction of new leone notes
Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.
22/02/1996: Civil war ends
The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.
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.
29/04/1980: Coup d'etat
A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.
15/07/1974: Redenomination of the leone
Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.
04/11/1971: Introduction of decimal currency
Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official currency.
27/04/1961: Independence of Sierra Leone
Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.
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.