Japanese Yen in Panamanian Balboa

JPY Japanese Yen

Country of application:
Japan

Coin denominations in circulation:
500, 100, 50, 10, 5 and 1 yen.

Denominations of banknotes in circulation:
10,000, 5,000, 2,000 and 1,000 yen.

History reference:
The Japanese yen is the official currency of Japan, one of the worlds leading currencies, an important reserve currency along with the US dollar, euro and pound sterling. On the front side of Japanes...e banknotes, writers and educators are depicted: 10,000 yen - a portrait of Fukuzawa Yukichi, 5,000 - Nitobe Inazo, 2,000 - Murasaki Shikubu, and 1,000 - Natsume Soseki. Coins differ from each other in the material of manufacture and pattern. Made of nickel are 500 yen (with a paulownia flower on the front), 100 yen (sakura), and 50 yen (chrysanthemum). A 10 yen coin, which depicts the Phoenix Hall of Bedoin Monastery, and a 5 yen coin decorated with a rice ear are minted from bronze. 1 yen is made of aluminum and contains a symbolic image of a seedling. On the reverse side of the coins, as a rule, the denomination and year of issue are indicated. 5 and 50 yen have a hole in the center.

PAB Panamanian Balboa

Country of application:
Panama

Coin denominations in circulation:
1 and 5 centesimos, 0.1, 0.25, 0.5, and 1 balboa.

Denominations of banknotes in circulation:
-

History reference:
The Balboa is the currency of the Republic of Panama. Panama money got its name from the Spanish conquistador Vasco Nunez de Balboa, the first European to cross the Isthmus of Panama from the Atlanti...c to the Pacific coast. With the independence of Panama in 1904, it became necessary to introduce a new currency to replace the Colombian peso. The balboa became such a currency. Until 1934, it was relatively independent and had a certain gold content (1.5048 g of pure gold), later a firm 1:1 ratio with the US dollar was established, which has been maintained to this day.