Historic Panamanian Balboa Swedish krona

Panamanian Balboa swedish krona history for January 2024. The highest quote for this month is 10.75 (23/01/2024) and the lowest 10.689 (19/01/2024). The difference between high and low is 0.57.

PAB SEK average rate for January 2024 is 10.54292, the change between 01/01/2024 and 31/01/2024 is -3.58 %.

01 January 20241 PAB = 10.28 SEK
02 January 20241 PAB = 10.26 SEK
03 January 20241 PAB = 10.44 SEK
04 January 20241 PAB = 10.53 SEK
05 January 20241 PAB = 10.45 SEK
06 January 20241 PAB = 10.25 SEK
07 January 20241 PAB = 10.25 SEK
08 January 20241 PAB = 10.53 SEK
09 January 20241 PAB = 10.47 SEK
10 January 20241 PAB = 10.49 SEK
11 January 20241 PAB = 10.46 SEK
12 January 20241 PAB = 10.48 SEK
15 January 20241 PAB = 10.53 SEK
16 January 20241 PAB = 10.57 SEK
17 January 20241 PAB = 10.66 SEK
18 January 20241 PAB = 10.69 SEK
19 January 20241 PAB = 10.73 SEK
22 January 20241 PAB = 10.71 SEK
23 January 20241 PAB = 10.72 SEK
24 January 20241 PAB = 10.73 SEK
25 January 20241 PAB = 10.68 SEK
26 January 20241 PAB = 10.68 SEK
29 January 20241 PAB = 10.66 SEK
30 January 20241 PAB = 10.69 SEK
31 January 20241 PAB = 10.65 SEK

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.
PAB SEK August 2023
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PAB SEK January 2024
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