Historic Canadian dollar Panamanian Balboa

Canadian dollar panamanian balboa history for February 2024. The highest quote for this month is 0.74305 (10/02/2024) and the lowest 0.74355 (04/02/2024). The difference between high and low is -0.07.

CAD PAB average rate for February 2024 is 0.72918, the change between 01/02/2024 and 29/02/2024 is +1.08 %.

01 February 20241 CAD = 0.7258 PAB
02 February 20241 CAD = 0.7298 PAB
03 February 20241 CAD = 0.7429 PAB
04 February 20241 CAD = 0.7435 PAB
05 February 20241 CAD = 0.7320 PAB
06 February 20241 CAD = 0.7221 PAB
07 February 20241 CAD = 0.7246 PAB
08 February 20241 CAD = 0.7256 PAB
09 February 20241 CAD = 0.7261 PAB
10 February 20241 CAD = 0.7431 PAB
11 February 20241 CAD = 0.7433 PAB
12 February 20241 CAD = 0.7253 PAB
13 February 20241 CAD = 0.7259 PAB
14 February 20241 CAD = 0.7201 PAB
15 February 20241 CAD = 0.7214 PAB
16 February 20241 CAD = 0.7251 PAB
17 February 20241 CAD = 0.7416 PAB
18 February 20241 CAD = 0.7414 PAB
19 February 20241 CAD = 0.7248 PAB
20 February 20241 CAD = 0.7235 PAB
21 February 20241 CAD = 0.7225 PAB
22 February 20241 CAD = 0.7237 PAB
23 February 20241 CAD = 0.7250 PAB
24 February 20241 CAD = 0.7405 PAB
25 February 20241 CAD = 0.7410 PAB
26 February 20241 CAD = 0.7226 PAB
27 February 20241 CAD = 0.7235 PAB
28 February 20241 CAD = 0.7217 PAB
29 February 20241 CAD = 0.7180 PAB

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

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.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

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.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.
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