Historic Salvadoran Colón Panamanian Balboa

Salvadoran Colón panamanian balboa history for December 2023. The highest quote for this month is 0.11456 (06/12/2023) and the lowest 0.11456 (05/12/2023). The difference between high and low is 0.

SVC PAB average rate for December 2023 is 0.11446, the change between 01/12/2023 and 31/12/2023 is +0.22 %.

01 December 20231 SVC = 0.1145 PAB
02 December 20231 SVC = 0.1143 PAB
03 December 20231 SVC = 0.1143 PAB
04 December 20231 SVC = 0.1146 PAB
05 December 20231 SVC = 0.1146 PAB
06 December 20231 SVC = 0.1146 PAB
07 December 20231 SVC = 0.1145 PAB
08 December 20231 SVC = 0.1146 PAB
09 December 20231 SVC = 0.1143 PAB
10 December 20231 SVC = 0.1143 PAB
11 December 20231 SVC = 0.1146 PAB
12 December 20231 SVC = 0.1146 PAB
13 December 20231 SVC = 0.1145 PAB
14 December 20231 SVC = 0.1146 PAB
15 December 20231 SVC = 0.1145 PAB
16 December 20231 SVC = 0.1143 PAB
17 December 20231 SVC = 0.1143 PAB
18 December 20231 SVC = 0.1146 PAB
19 December 20231 SVC = 0.1146 PAB
20 December 20231 SVC = 0.1146 PAB
21 December 20231 SVC = 0.1146 PAB
22 December 20231 SVC = 0.1145 PAB
23 December 20231 SVC = 0.1143 PAB
24 December 20231 SVC = 0.1143 PAB
25 December 20231 SVC = 0.1145 PAB
26 December 20231 SVC = 0.1145 PAB
27 December 20231 SVC = 0.1145 PAB
28 December 20231 SVC = 0.1146 PAB
29 December 20231 SVC = 0.1145 PAB
30 December 20231 SVC = 0.1143 PAB
31 December 20231 SVC = 0.1143 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.

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.

15/10/1941: 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.
SVC PAB August 2023
SVC PAB September 2023
SVC PAB October 2023
SVC PAB November 2023
SVC PAB December 2023
SVC PAB January 2024
SVC PAB February 2024
SVC PAB March 2024
SVC PAB April 2024
SVC PAB May 2024
SVC PAB June 2024
SVC PAB July 2024
SVC PAB August 2024