Historic Bermudian dollar Panamanian Balboa

Bermudian dollar panamanian balboa history for January 2024. The highest quote for this month is 1 (06/01/2024) and the lowest 1 (06/01/2024). The difference between high and low is 0.

BMD PAB average rate for January 2024 is 0.98296, the change between 01/01/2024 and 31/01/2024 is +0.23 %.

01 January 20241 BMD = 0.9792 PAB
02 January 20241 BMD = 0.9801 PAB
03 January 20241 BMD = 0.9775 PAB
04 January 20241 BMD = 0.9763 PAB
05 January 20241 BMD = 0.9771 PAB
06 January 20241 BMD = 1.000 PAB
07 January 20241 BMD = 1.000 PAB
08 January 20241 BMD = 0.9744 PAB
09 January 20241 BMD = 0.9766 PAB
10 January 20241 BMD = 0.9768 PAB
11 January 20241 BMD = 0.9771 PAB
12 January 20241 BMD = 0.9774 PAB
13 January 20241 BMD = 1.000 PAB
14 January 20241 BMD = 1.000 PAB
15 January 20241 BMD = 0.9758 PAB
16 January 20241 BMD = 0.9761 PAB
17 January 20241 BMD = 0.9785 PAB
18 January 20241 BMD = 0.9770 PAB
19 January 20241 BMD = 0.9770 PAB
20 January 20241 BMD = 1.000 PAB
21 January 20241 BMD = 1.000 PAB
22 January 20241 BMD = 0.9762 PAB
23 January 20241 BMD = 0.9767 PAB
24 January 20241 BMD = 0.9765 PAB
25 January 20241 BMD = 0.9769 PAB
26 January 20241 BMD = 0.9775 PAB
27 January 20241 BMD = 1.000 PAB
28 January 20241 BMD = 1.000 PAB
29 January 20241 BMD = 0.9779 PAB
30 January 20241 BMD = 0.9764 PAB
31 January 20241 BMD = 0.9769 PAB

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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.
BMD PAB July 2023
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