Historic Omani rial Panamanian Balboa

Omani rial panamanian balboa history for January 2024. The highest quote for this month is 2.5981 (14/01/2024) and the lowest 2.6237 (01/01/2024). The difference between high and low is -0.99.

OMR PAB average rate for January 2024 is 2.55732, the change between 01/01/2024 and 31/01/2024 is +0.15 %.

01 January 20241 OMR = 2.550 PAB
02 January 20241 OMR = 2.553 PAB
03 January 20241 OMR = 2.549 PAB
04 January 20241 OMR = 2.546 PAB
05 January 20241 OMR = 2.547 PAB
06 January 20241 OMR = 2.597 PAB
07 January 20241 OMR = 2.597 PAB
08 January 20241 OMR = 2.626 PAB
09 January 20241 OMR = 2.546 PAB
10 January 20241 OMR = 2.547 PAB
11 January 20241 OMR = 2.547 PAB
12 January 20241 OMR = 2.548 PAB
14 January 20241 OMR = 2.598 PAB
15 January 20241 OMR = 2.541 PAB
16 January 20241 OMR = 2.545 PAB
17 January 20241 OMR = 2.549 PAB
18 January 20241 OMR = 2.547 PAB
19 January 20241 OMR = 2.547 PAB
22 January 20241 OMR = 2.543 PAB
23 January 20241 OMR = 2.547 PAB
24 January 20241 OMR = 2.546 PAB
25 January 20241 OMR = 2.547 PAB
26 January 20241 OMR = 2.549 PAB
28 January 20241 OMR = 2.597 PAB
29 January 20241 OMR = 2.547 PAB
30 January 20241 OMR = 2.546 PAB
31 January 20241 OMR = 2.547 PAB

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.
OMR PAB July 2023
OMR PAB August 2023
OMR PAB September 2023
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OMR PAB January 2024
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