Historic Kuwaiti Dinar Panamanian Balboa

Kuwaiti Dinar panamanian balboa history for January 2024. The highest quote for this month is 3.2552 (14/01/2024) and the lowest 3.2552 (14/01/2024). The difference between high and low is 0.

KWD PAB average rate for January 2024 is 3.19227, the change between 01/01/2024 and 31/01/2024 is +0.37 %.

01 January 20241 KWD = 3.192 PAB
02 January 20241 KWD = 3.195 PAB
03 January 20241 KWD = 3.184 PAB
04 January 20241 KWD = 3.180 PAB
05 January 20241 KWD = 3.182 PAB
06 January 20241 KWD = 3.251 PAB
07 January 20241 KWD = 3.251 PAB
08 January 20241 KWD = 3.174 PAB
09 January 20241 KWD = 3.182 PAB
10 January 20241 KWD = 3.182 PAB
11 January 20241 KWD = 3.183 PAB
12 January 20241 KWD = 3.186 PAB
14 January 20241 KWD = 3.255 PAB
15 January 20241 KWD = 3.180 PAB
16 January 20241 KWD = 3.181 PAB
17 January 20241 KWD = 3.185 PAB
18 January 20241 KWD = 3.178 PAB
19 January 20241 KWD = 3.179 PAB
22 January 20241 KWD = 3.177 PAB
23 January 20241 KWD = 3.179 PAB
24 January 20241 KWD = 3.179 PAB
25 January 20241 KWD = 3.181 PAB
26 January 20241 KWD = 3.182 PAB
28 January 20241 KWD = 3.251 PAB
29 January 20241 KWD = 3.184 PAB
30 January 20241 KWD = 3.179 PAB
31 January 20241 KWD = 3.180 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
KWD PAB March 2024
KWD PAB April 2024
KWD PAB May 2024
KWD PAB June 2024
KWD PAB July 2024
KWD PAB August 2024
KWD PAB September 2024
KWD PAB October 2024
KWD PAB November 2024
KWD PAB December 2024
KWD PAB January 2025