Panamanian Balboa ghana cedi exchange rate history (PAB GHS) August 2023

Panamanian Balboa ghana cedi history for August 2023. The highest quote for this month is 11.676 (31/08/2023) and the lowest 11.676 (31/08/2023). The difference between high and low is 0.

PAB GHS average rate for August 2023 is 11.43596, the change between 01/08/2023 and 31/08/2023 is -2.4 %.

01 August 2023	1 PAB = 11.40 GHS
02 August 2023	1 PAB = 11.35 GHS
03 August 2023	1 PAB = 11.49 GHS
04 August 2023	1 PAB = 11.26 GHS
07 August 2023	1 PAB = 11.54 GHS
08 August 2023	1 PAB = 11.41 GHS
09 August 2023	1 PAB = 11.44 GHS
10 August 2023	1 PAB = 11.40 GHS
11 August 2023	1 PAB = 11.46 GHS
12 August 2023	1 PAB = 11.00 GHS
14 August 2023	1 PAB = 11.41 GHS
15 August 2023	1 PAB = 11.20 GHS
16 August 2023	1 PAB = 11.26 GHS
17 August 2023	1 PAB = 11.46 GHS
18 August 2023	1 PAB = 11.46 GHS
20 August 2023	1 PAB = 11.25 GHS
21 August 2023	1 PAB = 11.56 GHS
22 August 2023	1 PAB = 11.48 GHS
23 August 2023	1 PAB = 11.46 GHS
24 August 2023	1 PAB = 11.47 GHS
25 August 2023	1 PAB = 11.57 GHS
28 August 2023	1 PAB = 11.60 GHS
29 August 2023	1 PAB = 11.65 GHS
30 August 2023	1 PAB = 11.65 GHS
31 August 2023	1 PAB = 11.68 GHS

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.

Historic Panamanian Balboa Ghana Cedi