Historic Panamanian Balboa Iraqi dinar

Panamanian Balboa iraqi dinar history for November 2023. The highest quote for this month is 1339.76 (14/11/2023) and the lowest 1312.71 (03/11/2023). The difference between high and low is 2.02.

PAB IQD average rate for November 2023 is 1327.03885, the change between 01/11/2023 and 30/11/2023 is +0.06 %.

01 November 20231 PAB = 1339.67 IQD
02 November 20231 PAB = 1340.18 IQD
03 November 20231 PAB = 1311.44 IQD
06 November 20231 PAB = 1312.69 IQD
07 November 20231 PAB = 1339.08 IQD
08 November 20231 PAB = 1340.43 IQD
09 November 20231 PAB = 1338.38 IQD
10 November 20231 PAB = 1338.31 IQD
12 November 20231 PAB = 1308.00 IQD
13 November 20231 PAB = 1312.65 IQD
14 November 20231 PAB = 1338.27 IQD
15 November 20231 PAB = 1339.76 IQD
16 November 20231 PAB = 1337.85 IQD
17 November 20231 PAB = 1338.03 IQD
18 November 20231 PAB = 1308.00 IQD
19 November 20231 PAB = 1308.00 IQD
20 November 20231 PAB = 1312.64 IQD
21 November 20231 PAB = 1339.07 IQD
22 November 20231 PAB = 1338.27 IQD
23 November 20231 PAB = 1311.61 IQD
24 November 20231 PAB = 1312.52 IQD
26 November 20231 PAB = 1309.00 IQD
27 November 20231 PAB = 1312.52 IQD
28 November 20231 PAB = 1338.36 IQD
29 November 20231 PAB = 1339.48 IQD
30 November 20231 PAB = 1338.80 IQD

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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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