Qatari Rial panamanian balboa exchange rate history (QAR PAB) October 2023

Qatari Rial panamanian balboa history for October 2023. The highest quote for this month is 0.27473 (01/10/2023) and the lowest 0.27473 (01/10/2023). The difference between high and low is 0.

QAR PAB average rate for October 2023 is 0.26938, the change between 01/10/2023 and 31/10/2023 is +2.43 %.

01 October 2023	1 QAR = 0.2747 PAB
02 October 2023	1 QAR = 0.2689 PAB
03 October 2023	1 QAR = 0.2684 PAB
04 October 2023	1 QAR = 0.2683 PAB
05 October 2023	1 QAR = 0.2681 PAB
06 October 2023	1 QAR = 0.2676 PAB
07 October 2023	1 QAR = 0.2747 PAB
09 October 2023	1 QAR = 0.2671 PAB
10 October 2023	1 QAR = 0.2682 PAB
11 October 2023	1 QAR = 0.2685 PAB
12 October 2023	1 QAR = 0.2683 PAB
13 October 2023	1 QAR = 0.2683 PAB
16 October 2023	1 QAR = 0.2684 PAB
17 October 2023	1 QAR = 0.2684 PAB
18 October 2023	1 QAR = 0.2680 PAB
19 October 2023	1 QAR = 0.2683 PAB
20 October 2023	1 QAR = 0.2682 PAB
21 October 2023	1 QAR = 0.2747 PAB
22 October 2023	1 QAR = 0.2747 PAB
23 October 2023	1 QAR = 0.2678 PAB
24 October 2023	1 QAR = 0.2682 PAB
25 October 2023	1 QAR = 0.2683 PAB
26 October 2023	1 QAR = 0.2683 PAB
27 October 2023	1 QAR = 0.2683 PAB
29 October 2023	1 QAR = 0.2747 PAB
30 October 2023	1 QAR = 0.2677 PAB
31 October 2023	1 QAR = 0.2681 PAB

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

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.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

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.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 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.

Historic Qatari Rial Panamanian Balboa