Historic Bolivian boliviano Panamanian Balboa

Bolivian boliviano panamanian balboa history for August 2023. The highest quote for this month is 0.14599 (20/08/2023) and the lowest 0.14599 (20/08/2023). The difference between high and low is 0.

BOB PAB average rate for August 2023 is 0.14528, the change between 01/08/2023 and 31/08/2023 is -0.39 %.

01 August 20231 BOB = 0.1447 PAB
02 August 20231 BOB = 0.1452 PAB
03 August 20231 BOB = 0.1453 PAB
04 August 20231 BOB = 0.1453 PAB
07 August 20231 BOB = 0.1453 PAB
08 August 20231 BOB = 0.1453 PAB
09 August 20231 BOB = 0.1453 PAB
10 August 20231 BOB = 0.1452 PAB
11 August 20231 BOB = 0.1453 PAB
12 August 20231 BOB = 0.1458 PAB
14 August 20231 BOB = 0.1453 PAB
15 August 20231 BOB = 0.1453 PAB
16 August 20231 BOB = 0.1453 PAB
17 August 20231 BOB = 0.1452 PAB
18 August 20231 BOB = 0.1452 PAB
20 August 20231 BOB = 0.1460 PAB
21 August 20231 BOB = 0.1453 PAB
22 August 20231 BOB = 0.1453 PAB
23 August 20231 BOB = 0.1453 PAB
24 August 20231 BOB = 0.1453 PAB
25 August 20231 BOB = 0.1453 PAB
28 August 20231 BOB = 0.1453 PAB
29 August 20231 BOB = 0.1453 PAB
30 August 20231 BOB = 0.1453 PAB
31 August 20231 BOB = 0.1453 PAB

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

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.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.