Panamanian Balboa in Congolese Franc

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.

CDF Congolese Franc

Country of application:
Democratic Republic of the Congo

Coin denominations in circulation:
1, 5, 10, 20, 50 centimes.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100, 200, 500, 1000, 2000, 5000, 10000, 20,000 francs.

History reference:
The Congolese franc has been the national currency and money of the Democratic Republic of the Congo since 1911 (from 1967 to 1997 in the country, in connection with the renaming of the country to Za...ire, it was renamed the new Zaire). The old name and country and money returned in 1997. In 1998, the Congolese franc was again declared the monetary unit, replacing the new zaire in the ratio: franc = 100,000 new zaire. The Bank of Zaire is renamed the Central Bank of the Congo. Banknotes of the 1997 sample were put into circulation.