Euro panamanian balboa exchange rate history (EUR PAB) December 2023

Euro panamanian balboa history for December 2023. The highest quote for this month is 1.104 (31/12/2023) and the lowest 1.1041 (31/12/2023). The difference between high and low is -0.01.

EUR PAB average rate for December 2023 is 1.07211, the change between 01/12/2023 and 31/12/2023 is -3.72 %.

01 December 2023	1 EUR = 1.064 PAB
03 December 2023	1 EUR = 1.088 PAB
04 December 2023	1 EUR = 1.065 PAB
05 December 2023	1 EUR = 1.059 PAB
06 December 2023	1 EUR = 1.054 PAB
07 December 2023	1 EUR = 1.052 PAB
08 December 2023	1 EUR = 1.055 PAB
10 December 2023	1 EUR = 1.077 PAB
11 December 2023	1 EUR = 1.053 PAB
12 December 2023	1 EUR = 1.053 PAB
13 December 2023	1 EUR = 1.055 PAB
14 December 2023	1 EUR = 1.064 PAB
15 December 2023	1 EUR = 1.074 PAB
17 December 2023	1 EUR = 1.090 PAB
18 December 2023	1 EUR = 1.070 PAB
19 December 2023	1 EUR = 1.067 PAB
20 December 2023	1 EUR = 1.072 PAB
21 December 2023	1 EUR = 1.070 PAB
22 December 2023	1 EUR = 1.075 PAB
24 December 2023	1 EUR = 1.102 PAB
25 December 2023	1 EUR = 1.079 PAB
26 December 2023	1 EUR = 1.078 PAB
27 December 2023	1 EUR = 1.081 PAB
28 December 2023	1 EUR = 1.086 PAB
29 December 2023	1 EUR = 1.088 PAB
31 December 2023	1 EUR = 1.104 PAB

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

Historic Euro Panamanian Balboa