Panamanian Balboa macedonian denar exchange rate history (PAB MKD) October 2023

Panamanian Balboa macedonian denar history for October 2023. The highest quote for this month is 59.853 (04/10/2023) and the lowest 59.621 (03/10/2023). The difference between high and low is 0.39.

PAB MKD average rate for October 2023 is 58.94714, the change between 01/10/2023 and 31/10/2023 is -2.2 %.

01 October 2023	1 PAB = 57.80 MKD
02 October 2023	1 PAB = 58.42 MKD
03 October 2023	1 PAB = 59.65 MKD
04 October 2023	1 PAB = 59.74 MKD
05 October 2023	1 PAB = 59.60 MKD
06 October 2023	1 PAB = 59.48 MKD
07 October 2023	1 PAB = 57.98 MKD
09 October 2023	1 PAB = 58.73 MKD
10 October 2023	1 PAB = 59.20 MKD
11 October 2023	1 PAB = 58.94 MKD
12 October 2023	1 PAB = 58.87 MKD
13 October 2023	1 PAB = 59.35 MKD
16 October 2023	1 PAB = 59.57 MKD
17 October 2023	1 PAB = 59.31 MKD
18 October 2023	1 PAB = 59.31 MKD
19 October 2023	1 PAB = 59.45 MKD
20 October 2023	1 PAB = 59.13 MKD
21 October 2023	1 PAB = 58.08 MKD
22 October 2023	1 PAB = 58.08 MKD
23 October 2023	1 PAB = 59.18 MKD
24 October 2023	1 PAB = 58.74 MKD
25 October 2023	1 PAB = 59.03 MKD
26 October 2023	1 PAB = 59.20 MKD
27 October 2023	1 PAB = 59.19 MKD
28 October 2023	1 PAB = 58.04 MKD
29 October 2023	1 PAB = 58.04 MKD
30 October 2023	1 PAB = 59.35 MKD
31 October 2023	1 PAB = 59.07 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.

Historic Panamanian Balboa Macedonian Denar