Historic Australian dollar Panamanian Balboa

Australian dollar panamanian balboa history for January 2024. The highest quote for this month is 0.67164 (06/01/2024) and the lowest 0.67164 (06/01/2024). The difference between high and low is 0.

AUD PAB average rate for January 2024 is 0.65411, the change between 01/01/2024 and 31/01/2024 is +3.54 %.

01 January 20241 AUD = 0.6679 PAB
02 January 20241 AUD = 0.6675 PAB
03 January 20241 AUD = 0.6614 PAB
04 January 20241 AUD = 0.6576 PAB
05 January 20241 AUD = 0.6553 PAB
06 January 20241 AUD = 0.6716 PAB
07 January 20241 AUD = 0.6716 PAB
08 January 20241 AUD = 0.6545 PAB
09 January 20241 AUD = 0.6563 PAB
10 January 20241 AUD = 0.6530 PAB
11 January 20241 AUD = 0.6550 PAB
12 January 20241 AUD = 0.6547 PAB
13 January 20241 AUD = 0.6688 PAB
14 January 20241 AUD = 0.6689 PAB
15 January 20241 AUD = 0.6527 PAB
16 January 20241 AUD = 0.6492 PAB
17 January 20241 AUD = 0.6447 PAB
18 January 20241 AUD = 0.6401 PAB
19 January 20241 AUD = 0.6432 PAB
20 January 20241 AUD = 0.6600 PAB
21 January 20241 AUD = 0.6594 PAB
22 January 20241 AUD = 0.6439 PAB
23 January 20241 AUD = 0.6418 PAB
24 January 20241 AUD = 0.6432 PAB
25 January 20241 AUD = 0.6425 PAB
26 January 20241 AUD = 0.6438 PAB
27 January 20241 AUD = 0.6577 PAB
28 January 20241 AUD = 0.6579 PAB
29 January 20241 AUD = 0.6433 PAB
30 January 20241 AUD = 0.6458 PAB
31 January 20241 AUD = 0.6442 PAB

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
AUD PAB July 2023
AUD PAB August 2023
AUD PAB September 2023
AUD PAB October 2023
AUD PAB November 2023
AUD PAB December 2023
AUD PAB January 2024
AUD PAB February 2024
AUD PAB March 2024
AUD PAB April 2024
AUD PAB May 2024
AUD PAB June 2024
AUD PAB July 2024