Indonesian Rupiah panamanian balboa exchange rate history (IDR PAB) December 2023

Indonesian Rupiah panamanian balboa history for December 2023. The highest quote for this month is 0.000065 (16/12/2023) and the lowest 0.000068 (29/12/2023). The difference between high and low is -4.62.

IDR PAB average rate for December 2023 is 0.00006, the change between 01/12/2023 and 31/12/2023 is -1.59 %.

01 December 2023	1 IDR = 0.0001 PAB
02 December 2023	1 IDR = 0.0001 PAB
03 December 2023	1 IDR = 0.0001 PAB
04 December 2023	1 IDR = 0.0001 PAB
05 December 2023	1 IDR = 0.0001 PAB
06 December 2023	1 IDR = 0.0001 PAB
07 December 2023	1 IDR = 0.0001 PAB
08 December 2023	1 IDR = 0.0001 PAB
09 December 2023	1 IDR = 0.0001 PAB
10 December 2023	1 IDR = 0.0001 PAB
11 December 2023	1 IDR = 0.0001 PAB
12 December 2023	1 IDR = 0.0001 PAB
13 December 2023	1 IDR = 0.0001 PAB
14 December 2023	1 IDR = 0.0001 PAB
15 December 2023	1 IDR = 0.0001 PAB
16 December 2023	1 IDR = 0.0001 PAB
17 December 2023	1 IDR = 0.0001 PAB
18 December 2023	1 IDR = 0.0001 PAB
19 December 2023	1 IDR = 0.0001 PAB
20 December 2023	1 IDR = 0.0001 PAB
21 December 2023	1 IDR = 0.0001 PAB
22 December 2023	1 IDR = 0.0001 PAB
23 December 2023	1 IDR = 0.0001 PAB
24 December 2023	1 IDR = 0.0001 PAB
25 December 2023	1 IDR = 0.0001 PAB
26 December 2023	1 IDR = 0.0001 PAB
27 December 2023	1 IDR = 0.0001 PAB
28 December 2023	1 IDR = 0.0001 PAB
29 December 2023	1 IDR = 0.0001 PAB

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.

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 Indonesian Rupiah Panamanian Balboa