Panamanian Balboa chilean peso exchange rate history (PAB CLP) October 2023

Panamanian Balboa chilean peso history for October 2023. The highest quote for this month is 973.72 (17/10/2023) and the lowest 966.25 (17/10/2023). The difference between high and low is 0.77.

PAB CLP average rate for October 2023 is 943.16154, the change between 01/10/2023 and 31/10/2023 is -4.7 %.

01 October 2023	1 PAB = 887.9 CLP
02 October 2023	1 PAB = 910.2 CLP
03 October 2023	1 PAB = 929.6 CLP
04 October 2023	1 PAB = 939.2 CLP
05 October 2023	1 PAB = 938.0 CLP
06 October 2023	1 PAB = 938.8 CLP
08 October 2023	1 PAB = 917.5 CLP
09 October 2023	1 PAB = 949.7 CLP
10 October 2023	1 PAB = 943.2 CLP
11 October 2023	1 PAB = 950.7 CLP
12 October 2023	1 PAB = 947.2 CLP
13 October 2023	1 PAB = 958.7 CLP
16 October 2023	1 PAB = 961.4 CLP
17 October 2023	1 PAB = 969.2 CLP
18 October 2023	1 PAB = 960.7 CLP
19 October 2023	1 PAB = 962.5 CLP
20 October 2023	1 PAB = 964.4 CLP
22 October 2023	1 PAB = 943.6 CLP
23 October 2023	1 PAB = 968.8 CLP
24 October 2023	1 PAB = 955.3 CLP
25 October 2023	1 PAB = 948.2 CLP
26 October 2023	1 PAB = 946.2 CLP
27 October 2023	1 PAB = 951.7 CLP
29 October 2023	1 PAB = 907.2 CLP
30 October 2023	1 PAB = 942.8 CLP
31 October 2023	1 PAB = 929.6 CLP

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 Panamanian Balboa Chilean Peso