Panamanian Balboa iraqi dinar exchange rate history (PAB IQD) October 2023

Panamanian Balboa iraqi dinar history for October 2023. The highest quote for this month is 1340.43 (17/10/2023) and the lowest 1313.69 (13/10/2023). The difference between high and low is 1.99.

PAB IQD average rate for October 2023 is 1325.92963, the change between 01/10/2023 and 31/10/2023 is -2.45 %.

01 October 2023	1 PAB = 1308.62 IQD
02 October 2023	1 PAB = 1312.29 IQD
03 October 2023	1 PAB = 1338.97 IQD
04 October 2023	1 PAB = 1339.48 IQD
05 October 2023	1 PAB = 1341.13 IQD
06 October 2023	1 PAB = 1312.69 IQD
07 October 2023	1 PAB = 1309.00 IQD
09 October 2023	1 PAB = 1312.76 IQD
10 October 2023	1 PAB = 1312.71 IQD
11 October 2023	1 PAB = 1337.91 IQD
12 October 2023	1 PAB = 1339.39 IQD
13 October 2023	1 PAB = 1339.40 IQD
16 October 2023	1 PAB = 1313.69 IQD
17 October 2023	1 PAB = 1338.29 IQD
18 October 2023	1 PAB = 1340.43 IQD
19 October 2023	1 PAB = 1312.63 IQD
20 October 2023	1 PAB = 1340.23 IQD
21 October 2023	1 PAB = 1309.00 IQD
22 October 2023	1 PAB = 1309.00 IQD
23 October 2023	1 PAB = 1312.72 IQD
24 October 2023	1 PAB = 1340.03 IQD
25 October 2023	1 PAB = 1338.41 IQD
26 October 2023	1 PAB = 1339.50 IQD
27 October 2023	1 PAB = 1339.51 IQD
29 October 2023	1 PAB = 1309.00 IQD
30 October 2023	1 PAB = 1312.63 IQD
31 October 2023	1 PAB = 1340.68 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.

Historic Panamanian Balboa Iraqi dinar