Egyptian Pound panamanian balboa exchange rate history (EGP PAB) September 2023

Egyptian Pound panamanian balboa history for September 2023. The highest quote for this month is 0.032415 (23/09/2023) and the lowest 0.032425 (30/09/2023). The difference between high and low is -0.03.

EGP PAB average rate for September 2023 is 0.03173, the change between 01/09/2023 and 30/09/2023 is -2.4 %.

01 September 2023	1 EGP = 0.0317 PAB
04 September 2023	1 EGP = 0.0318 PAB
05 September 2023	1 EGP = 0.0317 PAB
06 September 2023	1 EGP = 0.0317 PAB
07 September 2023	1 EGP = 0.0316 PAB
08 September 2023	1 EGP = 0.0316 PAB
11 September 2023	1 EGP = 0.0317 PAB
12 September 2023	1 EGP = 0.0316 PAB
13 September 2023	1 EGP = 0.0316 PAB
14 September 2023	1 EGP = 0.0316 PAB
15 September 2023	1 EGP = 0.0316 PAB
18 September 2023	1 EGP = 0.0316 PAB
19 September 2023	1 EGP = 0.0316 PAB
20 September 2023	1 EGP = 0.0316 PAB
21 September 2023	1 EGP = 0.0317 PAB
22 September 2023	1 EGP = 0.0317 PAB
23 September 2023	1 EGP = 0.0324 PAB
24 September 2023	1 EGP = 0.0323 PAB
25 September 2023	1 EGP = 0.0316 PAB
26 September 2023	1 EGP = 0.0316 PAB
27 September 2023	1 EGP = 0.0316 PAB
28 September 2023	1 EGP = 0.0317 PAB
29 September 2023	1 EGP = 0.0316 PAB
30 September 2023	1 EGP = 0.0324 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.

Historic Egyptian Pound Panamanian Balboa