Panamanian Balboa colombian peso exchange rate history (PAB COP) December 2023

Panamanian Balboa colombian peso history for December 2023. The highest quote for this month is 4113.6 (05/12/2023) and the lowest 4109.49 (05/12/2023). The difference between high and low is 0.1.

PAB COP average rate for December 2023 is 4016.4025, the change between 01/12/2023 and 31/12/2023 is +3.88 %.

01 December 2023	1 PAB = 4108.32 COP
02 December 2023	1 PAB = 3962.46 COP
03 December 2023	1 PAB = 3962.46 COP
04 December 2023	1 PAB = 4063.49 COP
05 December 2023	1 PAB = 4111.22 COP
06 December 2023	1 PAB = 4105.46 COP
07 December 2023	1 PAB = 4092.56 COP
08 December 2023	1 PAB = 4089.61 COP
10 December 2023	1 PAB = 3982.15 COP
11 December 2023	1 PAB = 4035.03 COP
12 December 2023	1 PAB = 4056.98 COP
13 December 2023	1 PAB = 4081.70 COP
14 December 2023	1 PAB = 4062.03 COP
15 December 2023	1 PAB = 4058.75 COP
16 December 2023	1 PAB = 3942.46 COP
17 December 2023	1 PAB = 3942.46 COP
18 December 2023	1 PAB = 4016.61 COP
19 December 2023	1 PAB = 4025.20 COP
20 December 2023	1 PAB = 4036.61 COP
21 December 2023	1 PAB = 4031.87 COP
22 December 2023	1 PAB = 4037.69 COP
23 December 2023	1 PAB = 3907.05 COP
24 December 2023	1 PAB = 3907.05 COP
25 December 2023	1 PAB = 3990.90 COP
26 December 2023	1 PAB = 4038.23 COP
27 December 2023	1 PAB = 3940.45 COP
28 December 2023	1 PAB = 3921.66 COP
29 December 2023	1 PAB = 3948.81 COP

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 Panamanian Balboa Colombian Peso