Historic Panamanian Balboa Turkish Lira

Panamanian Balboa turkish lira history for January 2024. The highest quote for this month is 31.347 (23/01/2024) and the lowest 31.107 (31/01/2024). The difference between high and low is 0.77.

PAB TRY average rate for January 2024 is 30.58817, the change between 01/01/2024 and 31/01/2024 is -4.87 %.

01 January 20241 PAB = 29.63 TRY
02 January 20241 PAB = 30.03 TRY
03 January 20241 PAB = 30.43 TRY
04 January 20241 PAB = 30.50 TRY
05 January 20241 PAB = 30.54 TRY
06 January 20241 PAB = 29.82 TRY
07 January 20241 PAB = 29.88 TRY
08 January 20241 PAB = 30.57 TRY
09 January 20241 PAB = 30.63 TRY
10 January 20241 PAB = 30.67 TRY
11 January 20241 PAB = 30.55 TRY
12 January 20241 PAB = 30.76 TRY
14 January 20241 PAB = 30.06 TRY
15 January 20241 PAB = 30.81 TRY
16 January 20241 PAB = 30.81 TRY
17 January 20241 PAB = 30.78 TRY
18 January 20241 PAB = 30.85 TRY
19 January 20241 PAB = 30.86 TRY
21 January 20241 PAB = 30.21 TRY
22 January 20241 PAB = 30.93 TRY
23 January 20241 PAB = 30.98 TRY
24 January 20241 PAB = 31.01 TRY
25 January 20241 PAB = 30.96 TRY
26 January 20241 PAB = 30.99 TRY
27 January 20241 PAB = 30.32 TRY
28 January 20241 PAB = 30.33 TRY
29 January 20241 PAB = 31.01 TRY
30 January 20241 PAB = 31.08 TRY
31 January 20241 PAB = 31.08 TRY

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

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.

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.

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.