Historic Panamanian Balboa Omani rial

Panamanian Balboa omani rial history for February 2024. The highest quote for this month is 0.39326 (15/02/2024) and the lowest 0.39489 (02/02/2024). The difference between high and low is -0.41.

PAB OMR average rate for February 2024 is 0.39093, the change between 01/02/2024 and 29/02/2024 is -0.03 %.

01 February 20241 PAB = 0.3933 OMR
02 February 20241 PAB = 0.3928 OMR
03 February 20241 PAB = 0.3850 OMR
04 February 20241 PAB = 0.3850 OMR
05 February 20241 PAB = 0.3894 OMR
06 February 20241 PAB = 0.3922 OMR
07 February 20241 PAB = 0.3924 OMR
08 February 20241 PAB = 0.3926 OMR
09 February 20241 PAB = 0.3925 OMR
12 February 20241 PAB = 0.3934 OMR
13 February 20241 PAB = 0.3927 OMR
14 February 20241 PAB = 0.3926 OMR
15 February 20241 PAB = 0.3927 OMR
16 February 20241 PAB = 0.3929 OMR
17 February 20241 PAB = 0.3850 OMR
18 February 20241 PAB = 0.3850 OMR
19 February 20241 PAB = 0.3931 OMR
20 February 20241 PAB = 0.3927 OMR
21 February 20241 PAB = 0.3926 OMR
22 February 20241 PAB = 0.3927 OMR
23 February 20241 PAB = 0.3925 OMR
24 February 20241 PAB = 0.3849 OMR
25 February 20241 PAB = 0.3849 OMR
26 February 20241 PAB = 0.3934 OMR
27 February 20241 PAB = 0.3926 OMR
28 February 20241 PAB = 0.3927 OMR
29 February 20241 PAB = 0.3935 OMR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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 OMR January 2024
PAB OMR February 2024
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