Historic Euro Panamanian Balboa

Euro panamanian balboa history for February 2024. The highest quote for this month is 1.082 (25/02/2024) and the lowest 1.0831 (25/02/2024). The difference between high and low is -0.1.

EUR PAB average rate for February 2024 is 1.05777, the change between 01/02/2024 and 29/02/2024 is -0.28 %.

01 February 20241 EUR = 1.054 PAB
02 February 20241 EUR = 1.062 PAB
05 February 20241 EUR = 1.063 PAB
06 February 20241 EUR = 1.050 PAB
07 February 20241 EUR = 1.051 PAB
08 February 20241 EUR = 1.053 PAB
09 February 20241 EUR = 1.053 PAB
11 February 20241 EUR = 1.079 PAB
12 February 20241 EUR = 1.054 PAB
13 February 20241 EUR = 1.052 PAB
14 February 20241 EUR = 1.046 PAB
15 February 20241 EUR = 1.048 PAB
16 February 20241 EUR = 1.052 PAB
18 February 20241 EUR = 1.078 PAB
19 February 20241 EUR = 1.054 PAB
20 February 20241 EUR = 1.052 PAB
21 February 20241 EUR = 1.056 PAB
22 February 20241 EUR = 1.057 PAB
23 February 20241 EUR = 1.058 PAB
25 February 20241 EUR = 1.082 PAB
26 February 20241 EUR = 1.056 PAB
27 February 20241 EUR = 1.060 PAB
28 February 20241 EUR = 1.059 PAB
29 February 20241 EUR = 1.057 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.
EUR PAB June 2023
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