Historic Indonesian Rupiah Panamanian Balboa

Indonesian Rupiah panamanian balboa history for November 2023. The highest quote for this month is 0.000065 (18/11/2023) and the lowest 0.000065 (18/11/2023). The difference between high and low is 0.

IDR PAB average rate for November 2023 is 0.00006, the change between 01/11/2023 and 30/11/2023 is -1.61 %.

01 November 20231 IDR = 0.0001 PAB
02 November 20231 IDR = 0.0001 PAB
03 November 20231 IDR = 0.0001 PAB
06 November 20231 IDR = 0.0001 PAB
07 November 20231 IDR = 0.0001 PAB
08 November 20231 IDR = 0.0001 PAB
09 November 20231 IDR = 0.0001 PAB
10 November 20231 IDR = 0.0001 PAB
11 November 20231 IDR = 0.0001 PAB
12 November 20231 IDR = 0.0001 PAB
13 November 20231 IDR = 0.0001 PAB
14 November 20231 IDR = 0.0001 PAB
15 November 20231 IDR = 0.0001 PAB
16 November 20231 IDR = 0.0001 PAB
17 November 20231 IDR = 0.0001 PAB
18 November 20231 IDR = 0.0001 PAB
19 November 20231 IDR = 0.0001 PAB
20 November 20231 IDR = 0.0001 PAB
21 November 20231 IDR = 0.0001 PAB
22 November 20231 IDR = 0.0001 PAB
23 November 20231 IDR = 0.0001 PAB
24 November 20231 IDR = 0.0001 PAB
26 November 20231 IDR = 0.0001 PAB
27 November 20231 IDR = 0.0001 PAB
28 November 20231 IDR = 0.0001 PAB
29 November 20231 IDR = 0.0001 PAB
30 November 20231 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.
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