Historic Salvadoran Colón Panamanian Balboa

Salvadoran Colón panamanian balboa history for February 2024. The highest quote for this month is 0.11457 (09/02/2024) and the lowest 0.11457 (01/02/2024). The difference between high and low is 0.

SVC PAB average rate for February 2024 is 0.11448, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 SVC = 0.1146 PAB
02 February 20241 SVC = 0.1146 PAB
03 February 20241 SVC = 0.1143 PAB
04 February 20241 SVC = 0.1143 PAB
05 February 20241 SVC = 0.1146 PAB
06 February 20241 SVC = 0.1146 PAB
07 February 20241 SVC = 0.1146 PAB
08 February 20241 SVC = 0.1146 PAB
09 February 20241 SVC = 0.1146 PAB
10 February 20241 SVC = 0.1143 PAB
11 February 20241 SVC = 0.1143 PAB
12 February 20241 SVC = 0.1146 PAB
13 February 20241 SVC = 0.1146 PAB
14 February 20241 SVC = 0.1146 PAB
15 February 20241 SVC = 0.1146 PAB
16 February 20241 SVC = 0.1146 PAB
17 February 20241 SVC = 0.1143 PAB
18 February 20241 SVC = 0.1143 PAB
19 February 20241 SVC = 0.1146 PAB
20 February 20241 SVC = 0.1146 PAB
21 February 20241 SVC = 0.1146 PAB
22 February 20241 SVC = 0.1146 PAB
23 February 20241 SVC = 0.1146 PAB
24 February 20241 SVC = 0.1143 PAB
25 February 20241 SVC = 0.1143 PAB
26 February 20241 SVC = 0.1145 PAB
27 February 20241 SVC = 0.1146 PAB
28 February 20241 SVC = 0.1146 PAB
29 February 20241 SVC = 0.1146 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.