Historic Rwandan franc Panamanian Balboa

Rwandan franc panamanian balboa history for October 2023. The highest quote for this month is 0.000831 (01/10/2023) and the lowest 0.000831 (01/10/2023). The difference between high and low is 0.

RWF PAB average rate for October 2023 is 0.00081, the change between 01/10/2023 and 31/10/2023 is +3.49 %.

01 October 20231 RWF = 0.0008 PAB
02 October 20231 RWF = 0.0008 PAB
03 October 20231 RWF = 0.0008 PAB
04 October 20231 RWF = 0.0008 PAB
05 October 20231 RWF = 0.0008 PAB
06 October 20231 RWF = 0.0008 PAB
07 October 20231 RWF = 0.0008 PAB
09 October 20231 RWF = 0.0008 PAB
10 October 20231 RWF = 0.0008 PAB
11 October 20231 RWF = 0.0008 PAB
12 October 20231 RWF = 0.0008 PAB
13 October 20231 RWF = 0.0008 PAB
16 October 20231 RWF = 0.0008 PAB
17 October 20231 RWF = 0.0008 PAB
18 October 20231 RWF = 0.0008 PAB
19 October 20231 RWF = 0.0008 PAB
20 October 20231 RWF = 0.0008 PAB
21 October 20231 RWF = 0.0008 PAB
22 October 20231 RWF = 0.0008 PAB
23 October 20231 RWF = 0.0008 PAB
24 October 20231 RWF = 0.0008 PAB
25 October 20231 RWF = 0.0008 PAB
26 October 20231 RWF = 0.0008 PAB
27 October 20231 RWF = 0.0008 PAB
29 October 20231 RWF = 0.0008 PAB
30 October 20231 RWF = 0.0008 PAB
31 October 20231 RWF = 0.0008 PAB

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.