Thailand Baht in Panamanian Balboa

THB Thailand Baht

Country of application:
Thailand

Coin denominations in circulation:
1, 2, 5, 10 Thai Baht.

Denominations of banknotes in circulation:
10, 20, 50, 100, 200, 500, 1000 Thai Baht.

History reference:
The Thai baht has been the national currency of Thailand since 1928, when it replaced the Siamese tikal (Siam is the old name for Thailand). For the first time the name "bat" is found in texts dating... back to the 14th century. Numismatists interested in the history of Thai money are convinced that the baht existed in the Middle Ages, but there is no documentary evidence for this fact. The first paper banknotes were officially printed in 1892 - their issue was initiated by the Ministry of Finance of Siam. The circulation included denominations of 1, 5, 10, 40, 80, 100, 400 and 800 baht - this is how the banknotes were called in everyday life. Those rare samples that have survived to this day and have been studied by scientists give an idea of \u200b\u200bmoney. They depicted a portrait of a king, a lion and a Bengal tiger.

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.