Historic Panamanian Balboa Rwandan franc

Panamanian Balboa rwandan franc history for February 2024. The highest quote for this month is 1314.02 (27/02/2024) and the lowest 1292.85 (26/02/2024). The difference between high and low is 1.61.

PAB RWF average rate for February 2024 is 1284.67296, the change between 01/02/2024 and 29/02/2024 is +0.14 %.

01 February 20241 PAB = 1294.13 RWF
02 February 20241 PAB = 1290.17 RWF
03 February 20241 PAB = 1262.44 RWF
04 February 20241 PAB = 1262.44 RWF
05 February 20241 PAB = 1286.53 RWF
06 February 20241 PAB = 1286.91 RWF
07 February 20241 PAB = 1292.21 RWF
08 February 20241 PAB = 1293.80 RWF
09 February 20241 PAB = 1291.21 RWF
12 February 20241 PAB = 1287.09 RWF
13 February 20241 PAB = 1293.13 RWF
14 February 20241 PAB = 1293.97 RWF
15 February 20241 PAB = 1282.92 RWF
16 February 20241 PAB = 1282.33 RWF
17 February 20241 PAB = 1265.24 RWF
18 February 20241 PAB = 1265.24 RWF
19 February 20241 PAB = 1289.04 RWF
20 February 20241 PAB = 1288.94 RWF
21 February 20241 PAB = 1282.57 RWF
22 February 20241 PAB = 1281.72 RWF
23 February 20241 PAB = 1284.05 RWF
24 February 20241 PAB = 1267.29 RWF
25 February 20241 PAB = 1267.29 RWF
26 February 20241 PAB = 1291.39 RWF
27 February 20241 PAB = 1295.07 RWF
28 February 20241 PAB = 1316.79 RWF
29 February 20241 PAB = 1292.26 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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.
PAB RWF August 2023
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PAB RWF January 2024
PAB RWF February 2024
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