Historic Kuwaiti Dinar Panamanian Balboa

Kuwaiti Dinar panamanian balboa history for February 2024. The highest quote for this month is 3.2552 (04/02/2024) and the lowest 3.2552 (03/02/2024). The difference between high and low is 0.

KWD PAB average rate for February 2024 is 3.1953, the change between 01/02/2024 and 29/02/2024 is +0.08 %.

01 February 20241 KWD = 3.176 PAB
02 February 20241 KWD = 3.181 PAB
03 February 20241 KWD = 3.255 PAB
04 February 20241 KWD = 3.255 PAB
05 February 20241 KWD = 3.211 PAB
06 February 20241 KWD = 3.182 PAB
07 February 20241 KWD = 3.180 PAB
08 February 20241 KWD = 3.178 PAB
09 February 20241 KWD = 3.179 PAB
12 February 20241 KWD = 3.175 PAB
13 February 20241 KWD = 3.177 PAB
14 February 20241 KWD = 3.175 PAB
15 February 20241 KWD = 3.174 PAB
16 February 20241 KWD = 3.176 PAB
17 February 20241 KWD = 3.247 PAB
18 February 20241 KWD = 3.247 PAB
19 February 20241 KWD = 3.177 PAB
20 February 20241 KWD = 3.176 PAB
21 February 20241 KWD = 3.179 PAB
22 February 20241 KWD = 3.180 PAB
23 February 20241 KWD = 3.181 PAB
24 February 20241 KWD = 3.252 PAB
25 February 20241 KWD = 3.252 PAB
26 February 20241 KWD = 3.177 PAB
27 February 20241 KWD = 3.179 PAB
28 February 20241 KWD = 3.179 PAB
29 February 20241 KWD = 3.174 PAB

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti 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.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.
KWD PAB January 2024
KWD PAB February 2024
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KWD PAB January 2025