Historic Macedonian Denar Panamanian Balboa

Macedonian Denar panamanian balboa history for February 2024. The highest quote for this month is 0.017618 (04/02/2024) and the lowest 0.017794 (03/02/2024). The difference between high and low is -1.

MKD PAB average rate for February 2024 is 0.01735, the change between 01/02/2024 and 29/02/2024 is -0.2 %.

01 February 20241 MKD = 0.0172 PAB
02 February 20241 MKD = 0.0174 PAB
03 February 20241 MKD = 0.0176 PAB
04 February 20241 MKD = 0.0176 PAB
05 February 20241 MKD = 0.0176 PAB
06 February 20241 MKD = 0.0172 PAB
07 February 20241 MKD = 0.0172 PAB
08 February 20241 MKD = 0.0172 PAB
09 February 20241 MKD = 0.0172 PAB
12 February 20241 MKD = 0.0174 PAB
13 February 20241 MKD = 0.0172 PAB
14 February 20241 MKD = 0.0171 PAB
15 February 20241 MKD = 0.0172 PAB
16 February 20241 MKD = 0.0172 PAB
17 February 20241 MKD = 0.0175 PAB
18 February 20241 MKD = 0.0175 PAB
19 February 20241 MKD = 0.0172 PAB
20 February 20241 MKD = 0.0172 PAB
21 February 20241 MKD = 0.0174 PAB
22 February 20241 MKD = 0.0173 PAB
23 February 20241 MKD = 0.0173 PAB
24 February 20241 MKD = 0.0176 PAB
25 February 20241 MKD = 0.0176 PAB
26 February 20241 MKD = 0.0174 PAB
27 February 20241 MKD = 0.0173 PAB
28 February 20241 MKD = 0.0173 PAB
29 February 20241 MKD = 0.0173 PAB

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

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.