Chilean Peso panamanian balboa exchange rate history (CLP PAB) December 2023

Chilean Peso panamanian balboa history for December 2023. The highest quote for this month is 0.001173 (02/12/2023) and the lowest 0.001173 (02/12/2023). The difference between high and low is 0.

CLP PAB average rate for December 2023 is 0.00113, the change between 01/12/2023 and 31/12/2023 is -1.42 %.

01 December 2023	1 CLP = 0.0011 PAB
02 December 2023	1 CLP = 0.0012 PAB
03 December 2023	1 CLP = 0.0012 PAB
04 December 2023	1 CLP = 0.0011 PAB
05 December 2023	1 CLP = 0.0011 PAB
06 December 2023	1 CLP = 0.0011 PAB
07 December 2023	1 CLP = 0.0011 PAB
08 December 2023	1 CLP = 0.0011 PAB
09 December 2023	1 CLP = 0.0012 PAB
10 December 2023	1 CLP = 0.0012 PAB
11 December 2023	1 CLP = 0.0011 PAB
12 December 2023	1 CLP = 0.0011 PAB
13 December 2023	1 CLP = 0.0011 PAB
14 December 2023	1 CLP = 0.0011 PAB
15 December 2023	1 CLP = 0.0011 PAB
16 December 2023	1 CLP = 0.0012 PAB
17 December 2023	1 CLP = 0.0012 PAB
18 December 2023	1 CLP = 0.0011 PAB
19 December 2023	1 CLP = 0.0011 PAB
20 December 2023	1 CLP = 0.0011 PAB
21 December 2023	1 CLP = 0.0011 PAB
22 December 2023	1 CLP = 0.0011 PAB
24 December 2023	1 CLP = 0.0011 PAB
25 December 2023	1 CLP = 0.0011 PAB
26 December 2023	1 CLP = 0.0011 PAB
27 December 2023	1 CLP = 0.0011 PAB
28 December 2023	1 CLP = 0.0011 PAB
29 December 2023	1 CLP = 0.0011 PAB
31 December 2023	1 CLP = 0.0011 PAB

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

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.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

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.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.

Historic Chilean Peso Panamanian Balboa