Historic Panamanian Balboa Macedonian Denar

Panamanian Balboa macedonian denar history for September 2023. The highest quote for this month is 59.348 (28/09/2023) and the lowest 59.128 (27/09/2023). The difference between high and low is 0.37.

PAB MKD average rate for September 2023 is 58.36892, the change between 01/09/2023 and 30/09/2023 is -0.27 %.

01 September 20231 PAB = 57.64 MKD
04 September 20231 PAB = 57.11 MKD
05 September 20231 PAB = 57.88 MKD
06 September 20231 PAB = 58.20 MKD
07 September 20231 PAB = 58.36 MKD
08 September 20231 PAB = 58.57 MKD
11 September 20231 PAB = 58.53 MKD
12 September 20231 PAB = 58.25 MKD
13 September 20231 PAB = 58.19 MKD
14 September 20231 PAB = 58.34 MKD
15 September 20231 PAB = 58.78 MKD
18 September 20231 PAB = 58.26 MKD
19 September 20231 PAB = 58.50 MKD
20 September 20231 PAB = 58.55 MKD
21 September 20231 PAB = 58.67 MKD
22 September 20231 PAB = 58.73 MKD
23 September 20231 PAB = 57.64 MKD
24 September 20231 PAB = 57.64 MKD
25 September 20231 PAB = 58.36 MKD
26 September 20231 PAB = 59.04 MKD
27 September 20231 PAB = 59.15 MKD
28 September 20231 PAB = 59.49 MKD
29 September 20231 PAB = 59.20 MKD
30 September 20231 PAB = 57.80 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.