Historic Maldivian rufiyaa Panamanian Balboa

Maldivian rufiyaa panamanian balboa history for February 2024. The highest quote for this month is 0.064875 (14/02/2024) and the lowest 0.065789 (03/02/2024). The difference between high and low is -1.41.

MVR PAB average rate for February 2024 is 0.06436, the change between 01/02/2024 and 29/02/2024 is -0.3 %.

01 February 20241 MVR = 0.0639 PAB
02 February 20241 MVR = 0.0640 PAB
03 February 20241 MVR = 0.0649 PAB
04 February 20241 MVR = 0.0649 PAB
05 February 20241 MVR = 0.0647 PAB
06 February 20241 MVR = 0.0641 PAB
07 February 20241 MVR = 0.0642 PAB
08 February 20241 MVR = 0.0641 PAB
09 February 20241 MVR = 0.0643 PAB
12 February 20241 MVR = 0.0644 PAB
13 February 20241 MVR = 0.0645 PAB
14 February 20241 MVR = 0.0645 PAB
15 February 20241 MVR = 0.0643 PAB
16 February 20241 MVR = 0.0640 PAB
17 February 20241 MVR = 0.0649 PAB
18 February 20241 MVR = 0.0649 PAB
19 February 20241 MVR = 0.0641 PAB
20 February 20241 MVR = 0.0640 PAB
21 February 20241 MVR = 0.0643 PAB
22 February 20241 MVR = 0.0643 PAB
23 February 20241 MVR = 0.0643 PAB
24 February 20241 MVR = 0.0649 PAB
25 February 20241 MVR = 0.0649 PAB
26 February 20241 MVR = 0.0642 PAB
27 February 20241 MVR = 0.0642 PAB
28 February 20241 MVR = 0.0642 PAB
29 February 20241 MVR = 0.0641 PAB

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

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.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese 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.
MVR PAB January 2024
MVR PAB February 2024
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