Panamanian Balboa algerian dinar exchange rate history (PAB DZD) December 2023

Panamanian Balboa algerian dinar history for December 2023. The highest quote for this month is 137.52 (08/12/2023) and the lowest 137.33 (14/12/2023). The difference between high and low is 0.14.

PAB DZD average rate for December 2023 is 136.29464, the change between 01/12/2023 and 31/12/2023 is +0.92 %.

01 December 2023	1 PAB = 137.3 DZD
02 December 2023	1 PAB = 134.2 DZD
03 December 2023	1 PAB = 134.2 DZD
04 December 2023	1 PAB = 137.5 DZD
05 December 2023	1 PAB = 137.4 DZD
06 December 2023	1 PAB = 137.3 DZD
07 December 2023	1 PAB = 137.1 DZD
08 December 2023	1 PAB = 137.3 DZD
10 December 2023	1 PAB = 134.2 DZD
11 December 2023	1 PAB = 137.2 DZD
12 December 2023	1 PAB = 137.3 DZD
13 December 2023	1 PAB = 137.3 DZD
14 December 2023	1 PAB = 137.3 DZD
15 December 2023	1 PAB = 137.1 DZD
16 December 2023	1 PAB = 134.1 DZD
17 December 2023	1 PAB = 134.1 DZD
18 December 2023	1 PAB = 136.2 DZD
19 December 2023	1 PAB = 137.2 DZD
20 December 2023	1 PAB = 137.3 DZD
21 December 2023	1 PAB = 137.1 DZD
22 December 2023	1 PAB = 137.2 DZD
23 December 2023	1 PAB = 133.6 DZD
24 December 2023	1 PAB = 133.6 DZD
25 December 2023	1 PAB = 136.9 DZD
26 December 2023	1 PAB = 136.6 DZD
27 December 2023	1 PAB = 136.9 DZD
28 December 2023	1 PAB = 136.9 DZD
29 December 2023	1 PAB = 136.0 DZD

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.

Historic Panamanian Balboa Algerian dinar