Historic Panamanian Balboa Libyan dinar

Panamanian Balboa libyan dinar history for November 2023. The highest quote for this month is 4.9857 (06/11/2023) and the lowest 4.9774 (03/11/2023). The difference between high and low is 0.17.

PAB LYD average rate for November 2023 is 4.92434, the change between 01/11/2023 and 30/11/2023 is +1.91 %.

01 November 20231 PAB = 4.988 LYD
02 November 20231 PAB = 4.980 LYD
03 November 20231 PAB = 4.984 LYD
06 November 20231 PAB = 4.977 LYD
07 November 20231 PAB = 4.945 LYD
08 November 20231 PAB = 4.950 LYD
09 November 20231 PAB = 4.983 LYD
10 November 20231 PAB = 4.966 LYD
12 November 20231 PAB = 4.858 LYD
13 November 20231 PAB = 4.957 LYD
14 November 20231 PAB = 4.973 LYD
15 November 20231 PAB = 4.968 LYD
16 November 20231 PAB = 4.971 LYD
17 November 20231 PAB = 4.920 LYD
18 November 20231 PAB = 4.834 LYD
19 November 20231 PAB = 4.834 LYD
20 November 20231 PAB = 4.931 LYD
21 November 20231 PAB = 4.914 LYD
22 November 20231 PAB = 4.905 LYD
23 November 20231 PAB = 4.895 LYD
24 November 20231 PAB = 4.904 LYD
26 November 20231 PAB = 4.807 LYD
27 November 20231 PAB = 4.902 LYD
28 November 20231 PAB = 4.911 LYD
29 November 20231 PAB = 4.885 LYD
30 November 20231 PAB = 4.893 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.