Panamanian Balboa indonesian rupiah exchange rate history (PAB IDR) November 2023

Panamanian Balboa indonesian rupiah history for November 2023. The highest quote for this month is 16362.1 (01/11/2023) and the lowest 16227.6 (02/11/2023). The difference between high and low is 0.82.

PAB IDR average rate for November 2023 is 15877.8037, the change between 01/11/2023 and 30/11/2023 is +2.23 %.

01 November 2023	1 PAB = 16130.00 IDR
02 November 2023	1 PAB = 16291.10 IDR
03 November 2023	1 PAB = 16244.60 IDR
06 November 2023	1 PAB = 16088.70 IDR
07 November 2023	1 PAB = 15939.90 IDR
08 November 2023	1 PAB = 16031.50 IDR
09 November 2023	1 PAB = 15978.70 IDR
10 November 2023	1 PAB = 16090.20 IDR
11 November 2023	1 PAB = 15690.00 IDR
12 November 2023	1 PAB = 15689.00 IDR
13 November 2023	1 PAB = 16116.90 IDR
14 November 2023	1 PAB = 16029.50 IDR
15 November 2023	1 PAB = 15652.00 IDR
16 November 2023	1 PAB = 15841.20 IDR
17 November 2023	1 PAB = 15830.30 IDR
18 November 2023	1 PAB = 15489.00 IDR
19 November 2023	1 PAB = 15489.00 IDR
20 November 2023	1 PAB = 15839.60 IDR
21 November 2023	1 PAB = 15747.50 IDR
22 November 2023	1 PAB = 15872.10 IDR
23 November 2023	1 PAB = 15989.10 IDR
24 November 2023	1 PAB = 15847.80 IDR
26 November 2023	1 PAB = 15585.00 IDR
27 November 2023	1 PAB = 15976.50 IDR
28 November 2023	1 PAB = 15825.50 IDR
29 November 2023	1 PAB = 15626.20 IDR
30 November 2023	1 PAB = 15769.80 IDR

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.

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.

Historic Panamanian Balboa Indonesian Rupiah