Historic Algerian dinar Panamanian Balboa

Algerian dinar panamanian balboa history for February 2024. The highest quote for this month is 0.007462 (04/02/2024) and the lowest 0.007478 (03/02/2024). The difference between high and low is -0.21.

DZD PAB average rate for February 2024 is 0.00732, the change between 01/02/2024 and 29/02/2024 is -0.28 %.

01 February 20241 DZD = 0.0073 PAB
02 February 20241 DZD = 0.0073 PAB
03 February 20241 DZD = 0.0075 PAB
04 February 20241 DZD = 0.0075 PAB
05 February 20241 DZD = 0.0074 PAB
06 February 20241 DZD = 0.0073 PAB
07 February 20241 DZD = 0.0073 PAB
08 February 20241 DZD = 0.0073 PAB
09 February 20241 DZD = 0.0073 PAB
12 February 20241 DZD = 0.0073 PAB
13 February 20241 DZD = 0.0073 PAB
14 February 20241 DZD = 0.0073 PAB
15 February 20241 DZD = 0.0073 PAB
16 February 20241 DZD = 0.0073 PAB
17 February 20241 DZD = 0.0074 PAB
18 February 20241 DZD = 0.0074 PAB
19 February 20241 DZD = 0.0073 PAB
20 February 20241 DZD = 0.0073 PAB
21 February 20241 DZD = 0.0073 PAB
22 February 20241 DZD = 0.0073 PAB
23 February 20241 DZD = 0.0073 PAB
24 February 20241 DZD = 0.0075 PAB
25 February 20241 DZD = 0.0075 PAB
26 February 20241 DZD = 0.0073 PAB
27 February 20241 DZD = 0.0073 PAB
28 February 20241 DZD = 0.0073 PAB
29 February 20241 DZD = 0.0073 PAB

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.