Panamanian Balboa new zealand dollar exchange rate history (PAB NZD) November 2023

Panamanian Balboa new zealand dollar history for November 2023. The highest quote for this month is 1.7696 (01/11/2023) and the lowest 1.7489 (01/11/2023). The difference between high and low is 1.17.

PAB NZD average rate for November 2023 is 1.70525, the change between 01/11/2023 and 30/11/2023 is +5.72 %.

01 November 2023	1 PAB = 1.764 NZD
02 November 2023	1 PAB = 1.743 NZD
03 November 2023	1 PAB = 1.740 NZD
06 November 2023	1 PAB = 1.722 NZD
07 November 2023	1 PAB = 1.717 NZD
08 November 2023	1 PAB = 1.726 NZD
09 November 2023	1 PAB = 1.731 NZD
10 November 2023	1 PAB = 1.739 NZD
11 November 2023	1 PAB = 1.696 NZD
12 November 2023	1 PAB = 1.694 NZD
13 November 2023	1 PAB = 1.744 NZD
14 November 2023	1 PAB = 1.739 NZD
15 November 2023	1 PAB = 1.706 NZD
16 November 2023	1 PAB = 1.697 NZD
17 November 2023	1 PAB = 1.715 NZD
18 November 2023	1 PAB = 1.669 NZD
19 November 2023	1 PAB = 1.669 NZD
20 November 2023	1 PAB = 1.715 NZD
21 November 2023	1 PAB = 1.695 NZD
22 November 2023	1 PAB = 1.691 NZD
23 November 2023	1 PAB = 1.701 NZD
24 November 2023	1 PAB = 1.691 NZD
26 November 2023	1 PAB = 1.645 NZD
27 November 2023	1 PAB = 1.690 NZD
28 November 2023	1 PAB = 1.676 NZD
29 November 2023	1 PAB = 1.666 NZD
30 November 2023	1 PAB = 1.663 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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 New Zealand Dollar