Historic Guyanese dollar Panamanian Balboa

Guyanese dollar panamanian balboa history for January 2024. The highest quote for this month is 0.004885 (05/01/2024) and the lowest 0.004885 (08/01/2024). The difference between high and low is 0.

GYD PAB average rate for January 2024 is 0.00487, the change between 01/01/2024 and 31/01/2024 is -0.06 %.

01 January 20241 GYD = 0.0049 PAB
02 January 20241 GYD = 0.0049 PAB
03 January 20241 GYD = 0.0049 PAB
04 January 20241 GYD = 0.0049 PAB
05 January 20241 GYD = 0.0049 PAB
06 January 20241 GYD = 0.0048 PAB
07 January 20241 GYD = 0.0048 PAB
08 January 20241 GYD = 0.0049 PAB
09 January 20241 GYD = 0.0049 PAB
10 January 20241 GYD = 0.0049 PAB
11 January 20241 GYD = 0.0049 PAB
12 January 20241 GYD = 0.0049 PAB
14 January 20241 GYD = 0.0048 PAB
15 January 20241 GYD = 0.0049 PAB
16 January 20241 GYD = 0.0049 PAB
17 January 20241 GYD = 0.0049 PAB
18 January 20241 GYD = 0.0049 PAB
19 January 20241 GYD = 0.0049 PAB
22 January 20241 GYD = 0.0049 PAB
23 January 20241 GYD = 0.0049 PAB
24 January 20241 GYD = 0.0049 PAB
25 January 20241 GYD = 0.0049 PAB
26 January 20241 GYD = 0.0049 PAB
28 January 20241 GYD = 0.0048 PAB
29 January 20241 GYD = 0.0049 PAB
30 January 20241 GYD = 0.0049 PAB
31 January 20241 GYD = 0.0049 PAB

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

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.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

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.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.