Historic Nicaraguan córdoba Panamanian Balboa

Nicaraguan córdoba panamanian balboa history for February 2024. The highest quote for this month is 0.027304 (03/02/2024) and the lowest 0.027304 (03/02/2024). The difference between high and low is 0.

NIO PAB average rate for February 2024 is 0.02693, the change between 01/02/2024 and 29/02/2024 is -0.68 %.

01 February 20241 NIO = 0.0267 PAB
02 February 20241 NIO = 0.0267 PAB
03 February 20241 NIO = 0.0273 PAB
04 February 20241 NIO = 0.0273 PAB
05 February 20241 NIO = 0.0270 PAB
06 February 20241 NIO = 0.0270 PAB
07 February 20241 NIO = 0.0268 PAB
08 February 20241 NIO = 0.0267 PAB
09 February 20241 NIO = 0.0268 PAB
10 February 20241 NIO = 0.0273 PAB
11 February 20241 NIO = 0.0273 PAB
12 February 20241 NIO = 0.0269 PAB
13 February 20241 NIO = 0.0268 PAB
14 February 20241 NIO = 0.0267 PAB
15 February 20241 NIO = 0.0267 PAB
16 February 20241 NIO = 0.0267 PAB
17 February 20241 NIO = 0.0273 PAB
18 February 20241 NIO = 0.0273 PAB
19 February 20241 NIO = 0.0269 PAB
20 February 20241 NIO = 0.0269 PAB
21 February 20241 NIO = 0.0267 PAB
22 February 20241 NIO = 0.0267 PAB
23 February 20241 NIO = 0.0267 PAB
24 February 20241 NIO = 0.0273 PAB
25 February 20241 NIO = 0.0273 PAB
26 February 20241 NIO = 0.0269 PAB
27 February 20241 NIO = 0.0268 PAB
28 February 20241 NIO = 0.0267 PAB
29 February 20241 NIO = 0.0269 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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per 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.
NIO PAB January 2024
NIO PAB February 2024
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