Panamanian Balboa libyan dinar exchange rate history (PAB LYD) October 2023

Panamanian Balboa libyan dinar history for October 2023. The highest quote for this month is 5.0074 (04/10/2023) and the lowest 4.9992 (06/10/2023). The difference between high and low is 0.16.

PAB LYD average rate for October 2023 is 4.96444, the change between 01/10/2023 and 31/10/2023 is -2.35 %.

01 October 2023	1 PAB = 4.877 LYD
02 October 2023	1 PAB = 4.977 LYD
03 October 2023	1 PAB = 4.985 LYD
04 October 2023	1 PAB = 5.01 LYD
05 October 2023	1 PAB = 5.01 LYD
06 October 2023	1 PAB = 5.000 LYD
07 October 2023	1 PAB = 4.886 LYD
09 October 2023	1 PAB = 4.987 LYD
10 October 2023	1 PAB = 4.982 LYD
11 October 2023	1 PAB = 4.975 LYD
12 October 2023	1 PAB = 4.966 LYD
13 October 2023	1 PAB = 4.977 LYD
16 October 2023	1 PAB = 4.965 LYD
17 October 2023	1 PAB = 4.997 LYD
18 October 2023	1 PAB = 4.995 LYD
19 October 2023	1 PAB = 4.985 LYD
20 October 2023	1 PAB = 4.990 LYD
21 October 2023	1 PAB = 4.887 LYD
22 October 2023	1 PAB = 4.887 LYD
23 October 2023	1 PAB = 4.988 LYD
24 October 2023	1 PAB = 5.000 LYD
25 October 2023	1 PAB = 4.967 LYD
26 October 2023	1 PAB = 4.977 LYD
27 October 2023	1 PAB = 4.977 LYD
28 October 2023	1 PAB = 4.889 LYD
29 October 2023	1 PAB = 4.889 LYD
30 October 2023	1 PAB = 4.989 LYD
31 October 2023	1 PAB = 4.992 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.

Historic Panamanian Balboa Libyan dinar