Historic Panamanian Balboa Moroccan dirham

Panamanian Balboa moroccan dirham history for January 2024. The highest quote for this month is 10.256 (30/01/2024) and the lowest 9.951 (27/01/2024). The difference between high and low is 2.97.

PAB MAD average rate for January 2024 is 10.04204, the change between 01/01/2024 and 31/01/2024 is -4.35 %.

01 January 20241 PAB = 9.81 MAD
02 January 20241 PAB = 9.81 MAD
03 January 20241 PAB = 10.16 MAD
04 January 20241 PAB = 10.17 MAD
05 January 20241 PAB = 10.13 MAD
06 January 20241 PAB = 9.95 MAD
07 January 20241 PAB = 9.92 MAD
08 January 20241 PAB = 9.86 MAD
09 January 20241 PAB = 10.16 MAD
10 January 20241 PAB = 9.87 MAD
11 January 20241 PAB = 10.18 MAD
12 January 20241 PAB = 10.18 MAD
14 January 20241 PAB = 9.95 MAD
15 January 20241 PAB = 9.88 MAD
16 January 20241 PAB = 9.87 MAD
17 January 20241 PAB = 9.89 MAD
18 January 20241 PAB = 10.22 MAD
19 January 20241 PAB = 10.22 MAD
22 January 20241 PAB = 9.86 MAD
23 January 20241 PAB = 10.18 MAD
24 January 20241 PAB = 10.22 MAD
25 January 20241 PAB = 10.19 MAD
26 January 20241 PAB = 10.21 MAD
27 January 20241 PAB = 9.95 MAD
28 January 20241 PAB = 9.97 MAD
29 January 20241 PAB = 9.87 MAD
30 January 20241 PAB = 10.26 MAD
31 January 20241 PAB = 10.24 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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 MAD July 2023
PAB MAD August 2023
PAB MAD September 2023
PAB MAD October 2023
PAB MAD November 2023
PAB MAD December 2023
PAB MAD January 2024
PAB MAD February 2024
PAB MAD March 2024
PAB MAD April 2024
PAB MAD May 2024
PAB MAD June 2024
PAB MAD July 2024