Historic Iraqi dinar Panamanian Balboa

Iraqi dinar panamanian balboa history for February 2024. The highest quote for this month is 0.000764 (03/02/2024) and the lowest 0.000765 (03/02/2024). The difference between high and low is -0.13.

IQD PAB average rate for February 2024 is 0.00075, the change between 01/02/2024 and 29/02/2024 is -2.14 %.

01 February 20241 IQD = 0.0007 PAB
02 February 20241 IQD = 0.0007 PAB
03 February 20241 IQD = 0.0008 PAB
04 February 20241 IQD = 0.0008 PAB
05 February 20241 IQD = 0.0008 PAB
06 February 20241 IQD = 0.0008 PAB
07 February 20241 IQD = 0.0007 PAB
08 February 20241 IQD = 0.0007 PAB
09 February 20241 IQD = 0.0007 PAB
12 February 20241 IQD = 0.0008 PAB
13 February 20241 IQD = 0.0007 PAB
14 February 20241 IQD = 0.0007 PAB
15 February 20241 IQD = 0.0007 PAB
16 February 20241 IQD = 0.0007 PAB
17 February 20241 IQD = 0.0008 PAB
18 February 20241 IQD = 0.0008 PAB
19 February 20241 IQD = 0.0008 PAB
20 February 20241 IQD = 0.0008 PAB
21 February 20241 IQD = 0.0007 PAB
22 February 20241 IQD = 0.0007 PAB
23 February 20241 IQD = 0.0007 PAB
24 February 20241 IQD = 0.0008 PAB
25 February 20241 IQD = 0.0008 PAB
26 February 20241 IQD = 0.0008 PAB
27 February 20241 IQD = 0.0007 PAB
28 February 20241 IQD = 0.0007 PAB
29 February 20241 IQD = 0.0008 PAB

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi 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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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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