Historic Omani rial Panamanian Balboa

Omani rial panamanian balboa history for November 2023. The highest quote for this month is 2.5981 (12/11/2023) and the lowest 2.6264 (13/11/2023). The difference between high and low is -1.09.

OMR PAB average rate for November 2023 is 2.55195, the change between 01/11/2023 and 30/11/2023 is -0.04 %.

01 November 20231 OMR = 2.546 PAB
02 November 20231 OMR = 2.545 PAB
03 November 20231 OMR = 2.542 PAB
06 November 20231 OMR = 2.522 PAB
07 November 20231 OMR = 2.547 PAB
08 November 20231 OMR = 2.544 PAB
09 November 20231 OMR = 2.548 PAB
10 November 20231 OMR = 2.546 PAB
12 November 20231 OMR = 2.598 PAB
13 November 20231 OMR = 2.534 PAB
14 November 20231 OMR = 2.548 PAB
15 November 20231 OMR = 2.545 PAB
16 November 20231 OMR = 2.549 PAB
17 November 20231 OMR = 2.549 PAB
18 November 20231 OMR = 2.597 PAB
19 November 20231 OMR = 2.597 PAB
20 November 20231 OMR = 2.532 PAB
21 November 20231 OMR = 2.547 PAB
22 November 20231 OMR = 2.546 PAB
23 November 20231 OMR = 2.546 PAB
24 November 20231 OMR = 2.547 PAB
26 November 20231 OMR = 2.597 PAB
27 November 20231 OMR = 2.537 PAB
28 November 20231 OMR = 2.548 PAB
29 November 20231 OMR = 2.545 PAB
30 November 20231 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.