Historic Malaysian ringgit Panamanian Balboa

Malaysian ringgit panamanian balboa history for February 2024. The highest quote for this month is 0.21207 (03/02/2024) and the lowest 0.21209 (04/02/2024). The difference between high and low is -0.01.

MYR PAB average rate for February 2024 is 0.20637, the change between 01/02/2024 and 29/02/2024 is +0.86 %.

01 February 20241 MYR = 0.2063 PAB
02 February 20241 MYR = 0.2067 PAB
03 February 20241 MYR = 0.2121 PAB
04 February 20241 MYR = 0.2121 PAB
05 February 20241 MYR = 0.2091 PAB
06 February 20241 MYR = 0.2060 PAB
07 February 20241 MYR = 0.2052 PAB
08 February 20241 MYR = 0.2053 PAB
09 February 20241 MYR = 0.2050 PAB
10 February 20241 MYR = 0.2102 PAB
12 February 20241 MYR = 0.2049 PAB
13 February 20241 MYR = 0.2051 PAB
14 February 20241 MYR = 0.2051 PAB
15 February 20241 MYR = 0.2042 PAB
16 February 20241 MYR = 0.2043 PAB
17 February 20241 MYR = 0.2093 PAB
18 February 20241 MYR = 0.2093 PAB
19 February 20241 MYR = 0.2045 PAB
20 February 20241 MYR = 0.2041 PAB
21 February 20241 MYR = 0.2037 PAB
22 February 20241 MYR = 0.2038 PAB
23 February 20241 MYR = 0.2047 PAB
24 February 20241 MYR = 0.2094 PAB
25 February 20241 MYR = 0.2094 PAB
26 February 20241 MYR = 0.2045 PAB
27 February 20241 MYR = 0.2046 PAB
28 February 20241 MYR = 0.2052 PAB
29 February 20241 MYR = 0.2045 PAB

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

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.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.
MYR PAB January 2024
MYR PAB February 2024
MYR PAB March 2024
MYR PAB April 2024
MYR PAB May 2024
MYR PAB June 2024
MYR PAB July 2024
MYR PAB August 2024
MYR PAB September 2024
MYR PAB October 2024
MYR PAB November 2024
MYR PAB December 2024
MYR PAB January 2025