Historic Panamanian Balboa Macedonian Denar

Panamanian Balboa macedonian denar history for January 2024. The highest quote for this month is 57.872 (31/01/2024) and the lowest 57.392 (19/01/2024). The difference between high and low is 0.83.

PAB MKD average rate for January 2024 is 57.03822, the change between 01/01/2024 and 31/01/2024 is -2.2 %.

01 January 20241 PAB = 56.50 MKD
02 January 20241 PAB = 56.47 MKD
03 January 20241 PAB = 57.09 MKD
04 January 20241 PAB = 57.36 MKD
05 January 20241 PAB = 57.09 MKD
06 January 20241 PAB = 55.95 MKD
07 January 20241 PAB = 55.95 MKD
08 January 20241 PAB = 56.75 MKD
09 January 20241 PAB = 57.10 MKD
10 January 20241 PAB = 57.19 MKD
11 January 20241 PAB = 56.95 MKD
12 January 20241 PAB = 56.92 MKD
14 January 20241 PAB = 55.88 MKD
15 January 20241 PAB = 57.08 MKD
16 January 20241 PAB = 57.15 MKD
17 January 20241 PAB = 57.38 MKD
18 January 20241 PAB = 57.53 MKD
19 January 20241 PAB = 57.46 MKD
22 January 20241 PAB = 56.90 MKD
23 January 20241 PAB = 57.47 MKD
24 January 20241 PAB = 57.71 MKD
25 January 20241 PAB = 57.43 MKD
26 January 20241 PAB = 57.61 MKD
28 January 20241 PAB = 56.52 MKD
29 January 20241 PAB = 57.06 MKD
30 January 20241 PAB = 57.82 MKD
31 January 20241 PAB = 57.74 MKD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

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.
PAB MKD January 2024
PAB MKD February 2024
PAB MKD March 2024
PAB MKD April 2024
PAB MKD May 2024
PAB MKD June 2024
PAB MKD July 2024
PAB MKD August 2024
PAB MKD September 2024
PAB MKD October 2024
PAB MKD November 2024
PAB MKD December 2024
PAB MKD January 2025