Historic Panamanian Balboa North Korean won

Panamanian Balboa north korean won history for January 2024. The highest quote for this month is 921.53 (08/01/2024) and the lowest 923.81 (08/01/2024). The difference between high and low is -0.25.

PAB KPW average rate for January 2024 is 915.68742, the change between 01/01/2024 and 31/01/2024 is -0.24 %.

01 January 20241 PAB = 919.1 KPW
02 January 20241 PAB = 918.3 KPW
03 January 20241 PAB = 920.7 KPW
04 January 20241 PAB = 921.9 KPW
05 January 20241 PAB = 921.1 KPW
06 January 20241 PAB = 900.0 KPW
07 January 20241 PAB = 900.0 KPW
08 January 20241 PAB = 923.6 KPW
09 January 20241 PAB = 921.5 KPW
10 January 20241 PAB = 921.4 KPW
11 January 20241 PAB = 921.1 KPW
12 January 20241 PAB = 920.8 KPW
13 January 20241 PAB = 900.0 KPW
14 January 20241 PAB = 900.0 KPW
15 January 20241 PAB = 922.3 KPW
16 January 20241 PAB = 922.0 KPW
17 January 20241 PAB = 919.8 KPW
18 January 20241 PAB = 921.2 KPW
19 January 20241 PAB = 921.2 KPW
20 January 20241 PAB = 900.0 KPW
21 January 20241 PAB = 900.0 KPW
22 January 20241 PAB = 921.9 KPW
23 January 20241 PAB = 921.4 KPW
24 January 20241 PAB = 921.6 KPW
25 January 20241 PAB = 921.3 KPW
26 January 20241 PAB = 920.7 KPW
27 January 20241 PAB = 900.0 KPW
28 January 20241 PAB = 900.0 KPW
29 January 20241 PAB = 920.4 KPW
30 January 20241 PAB = 921.7 KPW
31 January 20241 PAB = 921.3 KPW

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

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.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

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.
PAB KPW August 2023
PAB KPW September 2023
PAB KPW October 2023
PAB KPW November 2023
PAB KPW December 2023
PAB KPW January 2024
PAB KPW February 2024
PAB KPW March 2024
PAB KPW April 2024
PAB KPW May 2024
PAB KPW June 2024
PAB KPW July 2024
PAB KPW August 2024