Colombian Peso panamanian balboa exchange rate history (COP PAB) September 2023

Colombian Peso panamanian balboa history for September 2023. The highest quote for this month is 0.00025 (15/09/2023) and the lowest 0.000256 (23/09/2023). The difference between high and low is -2.4.

COP PAB average rate for September 2023 is 0.00024, the change between 01/09/2023 and 30/09/2023 is -2.51 %.

01 September 2023	1 COP = 0.0002 PAB
04 September 2023	1 COP = 0.0002 PAB
05 September 2023	1 COP = 0.0002 PAB
06 September 2023	1 COP = 0.0002 PAB
07 September 2023	1 COP = 0.0002 PAB
08 September 2023	1 COP = 0.0002 PAB
11 September 2023	1 COP = 0.0002 PAB
12 September 2023	1 COP = 0.0002 PAB
13 September 2023	1 COP = 0.0002 PAB
14 September 2023	1 COP = 0.0002 PAB
15 September 2023	1 COP = 0.0002 PAB
18 September 2023	1 COP = 0.0002 PAB
19 September 2023	1 COP = 0.0003 PAB
20 September 2023	1 COP = 0.0002 PAB
21 September 2023	1 COP = 0.0003 PAB
22 September 2023	1 COP = 0.0002 PAB
23 September 2023	1 COP = 0.0003 PAB
24 September 2023	1 COP = 0.0003 PAB
25 September 2023	1 COP = 0.0002 PAB
26 September 2023	1 COP = 0.0002 PAB
27 September 2023	1 COP = 0.0002 PAB
28 September 2023	1 COP = 0.0002 PAB
29 September 2023	1 COP = 0.0002 PAB
30 September 2023	1 COP = 0.0002 PAB

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Colombian Peso Panamanian Balboa