Historic Panamanian Balboa Nepalese rupee

Panamanian Balboa nepalese rupee history for August 2023. The highest quote for this month is 134.93 (16/08/2023) and the lowest 134.68 (15/08/2023). The difference between high and low is 0.19.

PAB NPR average rate for August 2023 is 133.87, the change between 01/08/2023 and 31/08/2023 is -0.56 %.

01 August 20231 PAB = 133.1 NPR
02 August 20231 PAB = 133.1 NPR
03 August 20231 PAB = 133.6 NPR
04 August 20231 PAB = 133.9 NPR
05 August 20231 PAB = 132.3 NPR
07 August 20231 PAB = 134.0 NPR
08 August 20231 PAB = 133.9 NPR
09 August 20231 PAB = 134.0 NPR
10 August 20231 PAB = 134.0 NPR
11 August 20231 PAB = 134.0 NPR
12 August 20231 PAB = 132.2 NPR
14 August 20231 PAB = 134.1 NPR
15 August 20231 PAB = 134.2 NPR
16 August 20231 PAB = 134.9 NPR
17 August 20231 PAB = 134.7 NPR
18 August 20231 PAB = 134.7 NPR
21 August 20231 PAB = 134.6 NPR
22 August 20231 PAB = 134.5 NPR
23 August 20231 PAB = 134.3 NPR
24 August 20231 PAB = 133.9 NPR
25 August 20231 PAB = 133.6 NPR
28 August 20231 PAB = 133.8 NPR
29 August 20231 PAB = 133.7 NPR
30 August 20231 PAB = 133.9 NPR
31 August 20231 PAB = 133.8 NPR

20/09/2015: Adoption of New Constitution

Nepal adopted a new constitution, resulting in political unrest and affecting the Nepalese Rupee's stability.

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.

26/10/1999: Maoist Insurgency Begins

The start of the Maoist insurgency in Nepal led to political instability and economic challenges, impacting the value of the Nepalese Rupee.

08/04/1993: Nepalese Rupee's Peg to Indian Rupee

The Nepalese Rupee was pegged to the Indian Rupee at a fixed exchange rate.

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.

30/12/1972: Reintroduction of Nepalese Rupee

Nepal reintroduced the Nepalese Rupee as the official currency, separating it from the Indian Rupee.

12/03/1960: Replacement of Nepalese Rupee

The Nepalese Rupee was replaced by the Indian Rupee as the legal tender in Nepal.

15/12/1959: Nepal Rastra Bank Established

Nepal Rastra Bank, the central bank of Nepal, was established to oversee the monetary system and issue the Nepalese Rupee.

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.

07/04/1932: Introduction of Nepalese Rupee

The Nepalese Rupee was officially introduced as the currency of Nepal, replacing the silver mohar.

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.