Historic Moroccan dirham Panamanian Balboa

Moroccan dirham panamanian balboa history for February 2024. The highest quote for this month is 0.10045 (13/02/2024) and the lowest 0.1006 (12/02/2024). The difference between high and low is -0.15.

MAD PAB average rate for February 2024 is 0.09856, the change between 01/02/2024 and 29/02/2024 is -1.95 %.

01 February 20241 MAD = 0.0975 PAB
02 February 20241 MAD = 0.0976 PAB
03 February 20241 MAD = 0.0997 PAB
04 February 20241 MAD = 0.0997 PAB
05 February 20241 MAD = 0.1010 PAB
06 February 20241 MAD = 0.1002 PAB
07 February 20241 MAD = 0.0971 PAB
08 February 20241 MAD = 0.0971 PAB
09 February 20241 MAD = 0.0973 PAB
11 February 20241 MAD = 0.1000 PAB
12 February 20241 MAD = 0.1006 PAB
13 February 20241 MAD = 0.0973 PAB
14 February 20241 MAD = 0.0970 PAB
15 February 20241 MAD = 0.0970 PAB
16 February 20241 MAD = 0.0971 PAB
17 February 20241 MAD = 0.0994 PAB
18 February 20241 MAD = 0.0994 PAB
19 February 20241 MAD = 0.1002 PAB
20 February 20241 MAD = 0.1000 PAB
21 February 20241 MAD = 0.0969 PAB
22 February 20241 MAD = 0.0969 PAB
23 February 20241 MAD = 0.0972 PAB
24 February 20241 MAD = 0.0995 PAB
25 February 20241 MAD = 0.0995 PAB
26 February 20241 MAD = 0.1005 PAB
27 February 20241 MAD = 0.0975 PAB
28 February 20241 MAD = 0.0971 PAB
29 February 20241 MAD = 0.0994 PAB

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
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