Historic Honduran lempira Panamanian Balboa

Honduran lempira panamanian balboa history for October 2023. The highest quote for this month is 0.040631 (01/10/2023) and the lowest 0.040631 (01/10/2023). The difference between high and low is 0.

HNL PAB average rate for October 2023 is 0.04007, the change between 01/10/2023 and 31/10/2023 is +2.39 %.

01 October 20231 HNL = 0.0406 PAB
02 October 20231 HNL = 0.0404 PAB
03 October 20231 HNL = 0.0398 PAB
04 October 20231 HNL = 0.0398 PAB
05 October 20231 HNL = 0.0397 PAB
06 October 20231 HNL = 0.0397 PAB
07 October 20231 HNL = 0.0406 PAB
09 October 20231 HNL = 0.0404 PAB
10 October 20231 HNL = 0.0404 PAB
11 October 20231 HNL = 0.0398 PAB
12 October 20231 HNL = 0.0398 PAB
13 October 20231 HNL = 0.0398 PAB
16 October 20231 HNL = 0.0404 PAB
17 October 20231 HNL = 0.0398 PAB
18 October 20231 HNL = 0.0398 PAB
19 October 20231 HNL = 0.0403 PAB
20 October 20231 HNL = 0.0397 PAB
21 October 20231 HNL = 0.0406 PAB
22 October 20231 HNL = 0.0406 PAB
23 October 20231 HNL = 0.0403 PAB
24 October 20231 HNL = 0.0398 PAB
25 October 20231 HNL = 0.0398 PAB
26 October 20231 HNL = 0.0398 PAB
27 October 20231 HNL = 0.0398 PAB
29 October 20231 HNL = 0.0406 PAB
30 October 20231 HNL = 0.0403 PAB
31 October 20231 HNL = 0.0397 PAB

07/10/2019: Modernization of Banknotes

The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.

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.

27/01/2009: Currency Crisis

Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.

15/06/1997: Monetary Integration

Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.

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.

15/03/1967: Introduction of the New Lempira

A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.

03/09/1950: Devaluation of the Lempira

The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.

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.

11/10/1940: Monetary Reforms

Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.

07/03/1931: Creation of the Lempira

The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.

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.