Historic Hong Kong dollar Panamanian Balboa

Hong Kong dollar panamanian balboa history for February 2024. The highest quote for this month is 0.12788 (03/02/2024) and the lowest 0.12789 (11/02/2024). The difference between high and low is -0.01.

HKD PAB average rate for February 2024 is 0.12574, the change between 01/02/2024 and 29/02/2024 is +0.16 %.

01 February 20241 HKD = 0.1247 PAB
02 February 20241 HKD = 0.1249 PAB
03 February 20241 HKD = 0.1279 PAB
04 February 20241 HKD = 0.1279 PAB
05 February 20241 HKD = 0.1261 PAB
06 February 20241 HKD = 0.1250 PAB
07 February 20241 HKD = 0.1250 PAB
08 February 20241 HKD = 0.1250 PAB
09 February 20241 HKD = 0.1250 PAB
10 February 20241 HKD = 0.1279 PAB
11 February 20241 HKD = 0.1279 PAB
12 February 20241 HKD = 0.1248 PAB
13 February 20241 HKD = 0.1249 PAB
14 February 20241 HKD = 0.1249 PAB
15 February 20241 HKD = 0.1249 PAB
16 February 20241 HKD = 0.1249 PAB
17 February 20241 HKD = 0.1278 PAB
18 February 20241 HKD = 0.1279 PAB
19 February 20241 HKD = 0.1249 PAB
20 February 20241 HKD = 0.1249 PAB
21 February 20241 HKD = 0.1249 PAB
22 February 20241 HKD = 0.1249 PAB
23 February 20241 HKD = 0.1249 PAB
24 February 20241 HKD = 0.1278 PAB
25 February 20241 HKD = 0.1278 PAB
26 February 20241 HKD = 0.1248 PAB
27 February 20241 HKD = 0.1248 PAB
28 February 20241 HKD = 0.1248 PAB
29 February 20241 HKD = 0.1245 PAB

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the 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.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.
HKD PAB January 2024
HKD PAB February 2024
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