Historic Panamanian Balboa Omani rial

Panamanian Balboa omani rial history for January 2024. The highest quote for this month is 0.39314 (08/01/2024) and the lowest 0.39362 (08/01/2024). The difference between high and low is -0.12.

PAB OMR average rate for January 2024 is 0.39106, the change between 01/01/2024 and 31/01/2024 is -0.14 %.

01 January 20241 PAB = 0.3921 OMR
02 January 20241 PAB = 0.3917 OMR
03 January 20241 PAB = 0.3924 OMR
04 January 20241 PAB = 0.3928 OMR
05 January 20241 PAB = 0.3926 OMR
06 January 20241 PAB = 0.3850 OMR
07 January 20241 PAB = 0.3850 OMR
08 January 20241 PAB = 0.3809 OMR
09 January 20241 PAB = 0.3928 OMR
10 January 20241 PAB = 0.3926 OMR
11 January 20241 PAB = 0.3926 OMR
12 January 20241 PAB = 0.3924 OMR
14 January 20241 PAB = 0.3849 OMR
15 January 20241 PAB = 0.3935 OMR
16 January 20241 PAB = 0.3930 OMR
17 January 20241 PAB = 0.3924 OMR
18 January 20241 PAB = 0.3926 OMR
19 January 20241 PAB = 0.3926 OMR
22 January 20241 PAB = 0.3933 OMR
23 January 20241 PAB = 0.3927 OMR
24 January 20241 PAB = 0.3928 OMR
25 January 20241 PAB = 0.3926 OMR
26 January 20241 PAB = 0.3924 OMR
28 January 20241 PAB = 0.3850 OMR
29 January 20241 PAB = 0.3927 OMR
30 January 20241 PAB = 0.3928 OMR
31 January 20241 PAB = 0.3927 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
PAB OMR March 2024
PAB OMR April 2024
PAB OMR May 2024
PAB OMR June 2024
PAB OMR July 2024
PAB OMR August 2024
PAB OMR September 2024
PAB OMR October 2024
PAB OMR November 2024
PAB OMR December 2024
PAB OMR January 2025