Historic Cayman Islands dollar Panamanian Balboa

Cayman Islands dollar panamanian balboa history for January 2024. The highest quote for this month is 1.2195 (06/01/2024) and the lowest 1.2195 (06/01/2024). The difference between high and low is 0.

KYD PAB average rate for January 2024 is 1.20419, the change between 01/01/2024 and 31/01/2024 is -0.01 %.

01 January 20241 KYD = 1.199 PAB
02 January 20241 KYD = 1.199 PAB
03 January 20241 KYD = 1.199 PAB
04 January 20241 KYD = 1.199 PAB
05 January 20241 KYD = 1.199 PAB
06 January 20241 KYD = 1.220 PAB
07 January 20241 KYD = 1.220 PAB
08 January 20241 KYD = 1.199 PAB
09 January 20241 KYD = 1.199 PAB
10 January 20241 KYD = 1.199 PAB
11 January 20241 KYD = 1.199 PAB
12 January 20241 KYD = 1.199 PAB
13 January 20241 KYD = 1.220 PAB
14 January 20241 KYD = 1.220 PAB
15 January 20241 KYD = 1.199 PAB
16 January 20241 KYD = 1.199 PAB
17 January 20241 KYD = 1.199 PAB
18 January 20241 KYD = 1.199 PAB
19 January 20241 KYD = 1.199 PAB
20 January 20241 KYD = 1.220 PAB
21 January 20241 KYD = 1.220 PAB
22 January 20241 KYD = 1.199 PAB
23 January 20241 KYD = 1.199 PAB
24 January 20241 KYD = 1.199 PAB
25 January 20241 KYD = 1.199 PAB
26 January 20241 KYD = 1.199 PAB
27 January 20241 KYD = 1.220 PAB
28 January 20241 KYD = 1.220 PAB
29 January 20241 KYD = 1.199 PAB
30 January 20241 KYD = 1.199 PAB
31 January 20241 KYD = 1.199 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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican 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.
KYD PAB January 2024
KYD PAB February 2024
KYD PAB March 2024
KYD PAB April 2024
KYD PAB May 2024
KYD PAB June 2024
KYD PAB July 2024
KYD PAB August 2024
KYD PAB September 2024
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KYD PAB December 2024
KYD PAB January 2025