Panamanian Balboa in Macedonian Denar

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.

MKD Macedonian Denar

Country of application:
North Macedonia

Coin denominations in circulation:
1, 2, 5, 10, 50 denars.

Denominations of banknotes in circulation:
10, 50, 100, 200, 500, 1000 denars.

History reference:
The Macedonian dinar (denar) has been the national currency and money of the Republic of North Macedonia since 1992 after the collapse of Yugoslavia. A year later, in 1993, a denomination was carried... out in the ratio of 1 new denar to 100 old ones. The name dinar comes from the name of the ancient Roman monetary unit, the denarius. On September 8, 1991, it declared independence and seceded from Yugoslavia. The Macedonian denar as a national currency was introduced on April 26, 1992, first in the form of temporary coupons, and a year later in the form of the first full-fledged issue of coins and banknotes of dinars. The coupons indicated only the denomination without the name of the monetary unit, since the law on the Macedonian currency had not yet been adopted. The coupons were printed on low-quality, low-security paper purchased in Slovenia. The circulation was printed by the printing house "October 11" (Prilep). The design of coupons was developed by an employee of the Prilep printing house within a week.