Historic Panamanian Balboa Libyan dinar

Panamanian Balboa libyan dinar history for January 2024. The highest quote for this month is 4.9186 (31/01/2024) and the lowest 4.9136 (31/01/2024). The difference between high and low is 0.1.

PAB LYD average rate for January 2024 is 4.87672, the change between 01/01/2024 and 31/01/2024 is -1.57 %.

01 January 20241 PAB = 4.848 LYD
02 January 20241 PAB = 4.848 LYD
03 January 20241 PAB = 4.859 LYD
04 January 20241 PAB = 4.865 LYD
05 January 20241 PAB = 4.892 LYD
06 January 20241 PAB = 4.790 LYD
07 January 20241 PAB = 4.789 LYD
08 January 20241 PAB = 4.885 LYD
09 January 20241 PAB = 4.894 LYD
10 January 20241 PAB = 4.882 LYD
11 January 20241 PAB = 4.882 LYD
12 January 20241 PAB = 4.880 LYD
14 January 20241 PAB = 4.789 LYD
15 January 20241 PAB = 4.879 LYD
16 January 20241 PAB = 4.884 LYD
17 January 20241 PAB = 4.895 LYD
18 January 20241 PAB = 4.913 LYD
19 January 20241 PAB = 4.913 LYD
22 January 20241 PAB = 4.901 LYD
23 January 20241 PAB = 4.914 LYD
24 January 20241 PAB = 4.905 LYD
25 January 20241 PAB = 4.913 LYD
26 January 20241 PAB = 4.900 LYD
28 January 20241 PAB = 4.810 LYD
29 January 20241 PAB = 4.901 LYD
30 January 20241 PAB = 4.916 LYD
31 January 20241 PAB = 4.924 LYD

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.

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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

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.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

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.