Historic Euro Panamanian Balboa

Euro panamanian balboa history for January 2024. The highest quote for this month is 1.0954 (14/01/2024) and the lowest 1.0954 (14/01/2024). The difference between high and low is 0.

EUR PAB average rate for January 2024 is 1.07036, the change between 01/01/2024 and 31/01/2024 is +2.15 %.

01 January 20241 EUR = 1.083 PAB
02 January 20241 EUR = 1.082 PAB
03 January 20241 EUR = 1.070 PAB
04 January 20241 EUR = 1.067 PAB
05 January 20241 EUR = 1.070 PAB
07 January 20241 EUR = 1.095 PAB
08 January 20241 EUR = 1.066 PAB
09 January 20241 EUR = 1.070 PAB
10 January 20241 EUR = 1.068 PAB
11 January 20241 EUR = 1.072 PAB
12 January 20241 EUR = 1.073 PAB
14 January 20241 EUR = 1.095 PAB
15 January 20241 EUR = 1.068 PAB
16 January 20241 EUR = 1.068 PAB
17 January 20241 EUR = 1.065 PAB
18 January 20241 EUR = 1.064 PAB
19 January 20241 EUR = 1.063 PAB
21 January 20241 EUR = 1.090 PAB
22 January 20241 EUR = 1.063 PAB
23 January 20241 EUR = 1.063 PAB
24 January 20241 EUR = 1.060 PAB
25 January 20241 EUR = 1.063 PAB
26 January 20241 EUR = 1.060 PAB
28 January 20241 EUR = 1.085 PAB
29 January 20241 EUR = 1.060 PAB
30 January 20241 EUR = 1.058 PAB
31 January 20241 EUR = 1.059 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.
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