Panamanian Balboa in Kazakhstani Tenge

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.

KZT Kazakhstani Tenge

Country of application:
Kazakhstan

Coin denominations in circulation:
50, 20, 10 and 5 tiyn.

Denominations of banknotes in circulation:
10 thousand, 5 thousand, 2 thousand, 1 thousand, 500 and 200 tenge.

History reference:
Kazakhstani (Kazakh) tenge is the national currency of Kazakhstan. The history of the Kazakhstani tenge begins on November 15, 1993, when the currency was put into circulation. Prior to this, residen...ts used different currency means. The last currency used is the Soviet ruble, which was in the country when Kazakhstan was part of the USSR. According to archaeologists, the first money that appeared on the territory of Kazakhstan is of Chinese origin. And this is not surprising, since the country was located on the Great Silk Road connecting Europe and Asia. Since the 6th century, coins of Turkic rulers have appeared in circulation. And from the 8th century, the steppe nomads of the region were invaded by the Arabs and settlements began to be carried out in silver dirhems. The first mints appeared in such ancient cities as Baraba, Ispidzhab, Taraz. The raw material for minting was the local silver mines located in the upper reaches of the Talas and Akhangaran rivers.