New Zealand Dollar panamanian balboa exchange rate history (NZD PAB) October 2023

New Zealand Dollar panamanian balboa history for October 2023. The highest quote for this month is 0.59988 (01/10/2023) and the lowest 0.59988 (01/10/2023). The difference between high and low is 0.

NZD PAB average rate for October 2023 is 0.57953, the change between 01/10/2023 and 31/10/2023 is +5.02 %.

01 October 2023	1 NZD = 0.5999 PAB
02 October 2023	1 NZD = 0.5867 PAB
03 October 2023	1 NZD = 0.5805 PAB
04 October 2023	1 NZD = 0.5775 PAB
05 October 2023	1 NZD = 0.5773 PAB
06 October 2023	1 NZD = 0.5808 PAB
07 October 2023	1 NZD = 0.5992 PAB
08 October 2023	1 NZD = 0.5992 PAB
09 October 2023	1 NZD = 0.5805 PAB
10 October 2023	1 NZD = 0.5887 PAB
11 October 2023	1 NZD = 0.5902 PAB
12 October 2023	1 NZD = 0.5878 PAB
13 October 2023	1 NZD = 0.5783 PAB
16 October 2023	1 NZD = 0.5769 PAB
17 October 2023	1 NZD = 0.5764 PAB
18 October 2023	1 NZD = 0.5748 PAB
19 October 2023	1 NZD = 0.5716 PAB
20 October 2023	1 NZD = 0.5703 PAB
21 October 2023	1 NZD = 0.5831 PAB
22 October 2023	1 NZD = 0.5830 PAB
23 October 2023	1 NZD = 0.5681 PAB
24 October 2023	1 NZD = 0.5711 PAB
25 October 2023	1 NZD = 0.5710 PAB
26 October 2023	1 NZD = 0.5656 PAB
27 October 2023	1 NZD = 0.5692 PAB
28 October 2023	1 NZD = 0.5817 PAB
29 October 2023	1 NZD = 0.5817 PAB
30 October 2023	1 NZD = 0.5658 PAB
31 October 2023	1 NZD = 0.5698 PAB

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.

Historic New Zealand Dollar Panamanian Balboa