Historic Ghana Cedi Panamanian Balboa

Ghana Cedi panamanian balboa history for January 2024. The highest quote for this month is 0.084175 (07/01/2024) and the lowest 0.084175 (06/01/2024). The difference between high and low is 0.

GHS PAB average rate for January 2024 is 0.08172, the change between 01/01/2024 and 31/01/2024 is +3.04 %.

01 January 20241 GHS = 0.0818 PAB
02 January 20241 GHS = 0.0818 PAB
03 January 20241 GHS = 0.0821 PAB
04 January 20241 GHS = 0.0820 PAB
05 January 20241 GHS = 0.0821 PAB
06 January 20241 GHS = 0.0842 PAB
07 January 20241 GHS = 0.0842 PAB
08 January 20241 GHS = 0.0819 PAB
09 January 20241 GHS = 0.0821 PAB
10 January 20241 GHS = 0.0822 PAB
11 January 20241 GHS = 0.0821 PAB
12 January 20241 GHS = 0.0820 PAB
14 January 20241 GHS = 0.0840 PAB
15 January 20241 GHS = 0.0818 PAB
16 January 20241 GHS = 0.0816 PAB
17 January 20241 GHS = 0.0816 PAB
18 January 20241 GHS = 0.0820 PAB
19 January 20241 GHS = 0.0818 PAB
22 January 20241 GHS = 0.0809 PAB
23 January 20241 GHS = 0.0814 PAB
24 January 20241 GHS = 0.0815 PAB
25 January 20241 GHS = 0.0807 PAB
26 January 20241 GHS = 0.0808 PAB
28 January 20241 GHS = 0.0820 PAB
29 January 20241 GHS = 0.0791 PAB
30 January 20241 GHS = 0.0794 PAB
31 January 20241 GHS = 0.0794 PAB

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

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.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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.