Historic Panamanian Balboa Rwandan franc

Panamanian Balboa rwandan franc history for January 2024. The highest quote for this month is 1302.64 (24/01/2024) and the lowest 1290.87 (15/01/2024). The difference between high and low is 0.9.

PAB RWF average rate for January 2024 is 1281.39185, the change between 01/01/2024 and 31/01/2024 is -1.22 %.

01 January 20241 PAB = 1274.25 RWF
02 January 20241 PAB = 1274.25 RWF
03 January 20241 PAB = 1289.86 RWF
04 January 20241 PAB = 1281.39 RWF
05 January 20241 PAB = 1279.35 RWF
06 January 20241 PAB = 1255.60 RWF
07 January 20241 PAB = 1255.60 RWF
08 January 20241 PAB = 1278.95 RWF
09 January 20241 PAB = 1279.90 RWF
10 January 20241 PAB = 1280.00 RWF
11 January 20241 PAB = 1279.31 RWF
12 January 20241 PAB = 1280.27 RWF
14 January 20241 PAB = 1257.83 RWF
15 January 20241 PAB = 1300.56 RWF
16 January 20241 PAB = 1290.87 RWF
17 January 20241 PAB = 1281.91 RWF
18 January 20241 PAB = 1287.62 RWF
19 January 20241 PAB = 1287.60 RWF
22 January 20241 PAB = 1302.15 RWF
23 January 20241 PAB = 1288.98 RWF
24 January 20241 PAB = 1287.22 RWF
25 January 20241 PAB = 1289.77 RWF
26 January 20241 PAB = 1286.94 RWF
28 January 20241 PAB = 1261.45 RWF
29 January 20241 PAB = 1285.67 RWF
30 January 20241 PAB = 1290.44 RWF
31 January 20241 PAB = 1289.84 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 July 2023
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PAB RWF January 2024
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