Panamanian Balboa saint helena pound history for August 2023. The highest quote for this month is 0.81341 (28/08/2023) and the lowest 0.81247 (28/08/2023). The difference between high and low is 0.12.
PAB SHP average rate for August 2023 is 0.80379, the change between 01/08/2023 and 31/08/2023 is -1.91 %.
01 August 2023 | 1 PAB = 0.7968 SHP |
03 August 2023 | 1 PAB = 0.8037 SHP |
04 August 2023 | 1 PAB = 0.8029 SHP |
07 August 2023 | 1 PAB = 0.8057 SHP |
08 August 2023 | 1 PAB = 0.8019 SHP |
10 August 2023 | 1 PAB = 0.8042 SHP |
11 August 2023 | 1 PAB = 0.8056 SHP |
14 August 2023 | 1 PAB = 0.8034 SHP |
17 August 2023 | 1 PAB = 0.8006 SHP |
18 August 2023 | 1 PAB = 0.8038 SHP |
21 August 2023 | 1 PAB = 0.8049 SHP |
28 August 2023 | 1 PAB = 0.8120 SHP |
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.