Panamanian Balboa salvadoran colón history for July 2023. The highest quote for this month is 8.7314 (14/07/2023) and the lowest 8.731 (11/07/2023). The difference between high and low is 0.
PAB SVC average rate for July 2023 is 8.73027, the change between 01/07/2023 and 31/07/2023 is +0 %.
03 July 2023 | 1 PAB = 8.73 SVC |
04 July 2023 | 1 PAB = 8.73 SVC |
05 July 2023 | 1 PAB = 8.73 SVC |
06 July 2023 | 1 PAB = 8.73 SVC |
07 July 2023 | 1 PAB = 8.73 SVC |
10 July 2023 | 1 PAB = 8.73 SVC |
11 July 2023 | 1 PAB = 8.73 SVC |
12 July 2023 | 1 PAB = 8.73 SVC |
13 July 2023 | 1 PAB = 8.73 SVC |
14 July 2023 | 1 PAB = 8.73 SVC |
17 July 2023 | 1 PAB = 8.73 SVC |
18 July 2023 | 1 PAB = 8.73 SVC |
19 July 2023 | 1 PAB = 8.73 SVC |
20 July 2023 | 1 PAB = 8.73 SVC |
21 July 2023 | 1 PAB = 8.73 SVC |
24 July 2023 | 1 PAB = 8.73 SVC |
25 July 2023 | 1 PAB = 8.73 SVC |
26 July 2023 | 1 PAB = 8.73 SVC |
27 July 2023 | 1 PAB = 8.73 SVC |
28 July 2023 | 1 PAB = 8.73 SVC |
31 July 2023 | 1 PAB = 8.73 SVC |
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.
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.