Barbadian dollar panamanian balboa exchange rate history (BBD PAB) October 2023

Barbadian dollar panamanian balboa history for October 2023. The highest quote for this month is 0.5 (01/10/2023) and the lowest 0.5 (01/10/2023). The difference between high and low is 0.

BBD PAB average rate for October 2023 is 0.49629, the change between 01/10/2023 and 31/10/2023 is +0.97 %.

01 October 2023	1 BBD = 0.5000 PAB
02 October 2023	1 BBD = 0.4952 PAB
03 October 2023	1 BBD = 0.4947 PAB
04 October 2023	1 BBD = 0.4946 PAB
05 October 2023	1 BBD = 0.4952 PAB
06 October 2023	1 BBD = 0.4952 PAB
07 October 2023	1 BBD = 0.5000 PAB
08 October 2023	1 BBD = 0.5000 PAB
09 October 2023	1 BBD = 0.4952 PAB
10 October 2023	1 BBD = 0.4952 PAB
11 October 2023	1 BBD = 0.4951 PAB
12 October 2023	1 BBD = 0.4952 PAB
13 October 2023	1 BBD = 0.4952 PAB
16 October 2023	1 BBD = 0.4952 PAB
17 October 2023	1 BBD = 0.4952 PAB
18 October 2023	1 BBD = 0.4952 PAB
19 October 2023	1 BBD = 0.4952 PAB
20 October 2023	1 BBD = 0.4951 PAB
21 October 2023	1 BBD = 0.5000 PAB
22 October 2023	1 BBD = 0.5000 PAB
23 October 2023	1 BBD = 0.4951 PAB
24 October 2023	1 BBD = 0.4952 PAB
25 October 2023	1 BBD = 0.4952 PAB
26 October 2023	1 BBD = 0.4952 PAB
27 October 2023	1 BBD = 0.4952 PAB
28 October 2023	1 BBD = 0.5000 PAB
29 October 2023	1 BBD = 0.5000 PAB
30 October 2023	1 BBD = 0.4952 PAB
31 October 2023	1 BBD = 0.4951 PAB

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean 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.

Historic Barbadian dollar Panamanian Balboa