Historic Egyptian Pound Panamanian Balboa

Egyptian Pound panamanian balboa history for February 2024. The highest quote for this month is 0.032415 (03/02/2024) and the lowest 0.032436 (03/02/2024). The difference between high and low is -0.06.

EGP PAB average rate for February 2024 is 0.03182, the change between 01/02/2024 and 29/02/2024 is +0.15 %.

01 February 20241 EGP = 0.0316 PAB
02 February 20241 EGP = 0.0316 PAB
03 February 20241 EGP = 0.0324 PAB
04 February 20241 EGP = 0.0324 PAB
05 February 20241 EGP = 0.0317 PAB
06 February 20241 EGP = 0.0317 PAB
07 February 20241 EGP = 0.0317 PAB
08 February 20241 EGP = 0.0317 PAB
09 February 20241 EGP = 0.0317 PAB
12 February 20241 EGP = 0.0318 PAB
13 February 20241 EGP = 0.0316 PAB
14 February 20241 EGP = 0.0316 PAB
15 February 20241 EGP = 0.0316 PAB
16 February 20241 EGP = 0.0316 PAB
17 February 20241 EGP = 0.0324 PAB
18 February 20241 EGP = 0.0324 PAB
19 February 20241 EGP = 0.0318 PAB
20 February 20241 EGP = 0.0316 PAB
21 February 20241 EGP = 0.0316 PAB
22 February 20241 EGP = 0.0316 PAB
23 February 20241 EGP = 0.0317 PAB
24 February 20241 EGP = 0.0324 PAB
25 February 20241 EGP = 0.0323 PAB
26 February 20241 EGP = 0.0316 PAB
27 February 20241 EGP = 0.0316 PAB
28 February 20241 EGP = 0.0316 PAB
29 February 20241 EGP = 0.0315 PAB

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
EGP PAB January 2024
EGP PAB February 2024
EGP PAB March 2024
EGP PAB April 2024
EGP PAB May 2024
EGP PAB June 2024
EGP PAB July 2024
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EGP PAB January 2025