Historic Canadian dollar Panamanian Balboa

Canadian dollar panamanian balboa history for January 2024. The highest quote for this month is 0.74839 (06/01/2024) and the lowest 0.7485 (07/01/2024). The difference between high and low is -0.01.

CAD PAB average rate for January 2024 is 0.73319, the change between 01/01/2024 and 31/01/2024 is +1.45 %.

01 January 20241 CAD = 0.7397 PAB
02 January 20241 CAD = 0.7402 PAB
03 January 20241 CAD = 0.7338 PAB
04 January 20241 CAD = 0.7314 PAB
05 January 20241 CAD = 0.7316 PAB
06 January 20241 CAD = 0.7484 PAB
07 January 20241 CAD = 0.7484 PAB
08 January 20241 CAD = 0.7294 PAB
09 January 20241 CAD = 0.7316 PAB
10 January 20241 CAD = 0.7296 PAB
11 January 20241 CAD = 0.7303 PAB
12 January 20241 CAD = 0.7305 PAB
13 January 20241 CAD = 0.7458 PAB
14 January 20241 CAD = 0.7459 PAB
15 January 20241 CAD = 0.7277 PAB
16 January 20241 CAD = 0.7265 PAB
17 January 20241 CAD = 0.7253 PAB
18 January 20241 CAD = 0.7236 PAB
19 January 20241 CAD = 0.7245 PAB
20 January 20241 CAD = 0.7447 PAB
21 January 20241 CAD = 0.7447 PAB
22 January 20241 CAD = 0.7268 PAB
23 January 20241 CAD = 0.7247 PAB
24 January 20241 CAD = 0.7257 PAB
25 January 20241 CAD = 0.7223 PAB
26 January 20241 CAD = 0.7253 PAB
27 January 20241 CAD = 0.7435 PAB
28 January 20241 CAD = 0.7435 PAB
29 January 20241 CAD = 0.7268 PAB
30 January 20241 CAD = 0.7280 PAB
31 January 20241 CAD = 0.7289 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.
CAD PAB January 2024
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