Yemeni Rial panamanian balboa exchange rate history (YER PAB) February 2024

Yemeni Rial panamanian balboa history for February 2024. The highest quote for this month is 0.004 (03/02/2024) and the lowest 0.004002 (03/02/2024). The difference between high and low is -0.05.

YER PAB average rate for February 2024 is 0.00393, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 2024	1 YER = 0.0039 PAB
02 February 2024	1 YER = 0.0039 PAB
03 February 2024	1 YER = 0.0040 PAB
04 February 2024	1 YER = 0.0040 PAB
05 February 2024	1 YER = 0.0039 PAB
06 February 2024	1 YER = 0.0039 PAB
07 February 2024	1 YER = 0.0039 PAB
08 February 2024	1 YER = 0.0039 PAB
09 February 2024	1 YER = 0.0039 PAB
12 February 2024	1 YER = 0.0039 PAB
13 February 2024	1 YER = 0.0039 PAB
14 February 2024	1 YER = 0.0039 PAB
15 February 2024	1 YER = 0.0039 PAB
16 February 2024	1 YER = 0.0039 PAB
17 February 2024	1 YER = 0.0040 PAB
18 February 2024	1 YER = 0.0040 PAB
19 February 2024	1 YER = 0.0039 PAB
20 February 2024	1 YER = 0.0039 PAB
21 February 2024	1 YER = 0.0039 PAB
22 February 2024	1 YER = 0.0039 PAB
23 February 2024	1 YER = 0.0039 PAB
24 February 2024	1 YER = 0.0040 PAB
25 February 2024	1 YER = 0.0040 PAB
26 February 2024	1 YER = 0.0039 PAB
27 February 2024	1 YER = 0.0039 PAB
28 February 2024	1 YER = 0.0039 PAB
29 February 2024	1 YER = 0.0039 PAB

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

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 Yemeni Rial Panamanian Balboa