Historic Panamanian Balboa Aruban florin

Panamanian Balboa aruban florin history for February 2024. The highest quote for this month is 1.8354 (19/02/2024) and the lowest 1.843 (02/02/2024). The difference between high and low is -0.41.

PAB AWG average rate for February 2024 is 1.82659, the change between 01/02/2024 and 29/02/2024 is +0.1 %.

01 February 20241 PAB = 1.838 AWG
02 February 20241 PAB = 1.833 AWG
03 February 20241 PAB = 1.790 AWG
04 February 20241 PAB = 1.790 AWG
05 February 20241 PAB = 1.818 AWG
06 February 20241 PAB = 1.831 AWG
07 February 20241 PAB = 1.834 AWG
08 February 20241 PAB = 1.832 AWG
09 February 20241 PAB = 1.831 AWG
12 February 20241 PAB = 1.837 AWG
13 February 20241 PAB = 1.835 AWG
14 February 20241 PAB = 1.835 AWG
15 February 20241 PAB = 1.833 AWG
16 February 20241 PAB = 1.836 AWG
19 February 20241 PAB = 1.835 AWG
20 February 20241 PAB = 1.833 AWG
21 February 20241 PAB = 1.835 AWG
22 February 20241 PAB = 1.835 AWG
23 February 20241 PAB = 1.834 AWG
24 February 20241 PAB = 1.790 AWG
25 February 20241 PAB = 1.790 AWG
26 February 20241 PAB = 1.834 AWG
27 February 20241 PAB = 1.835 AWG
28 February 20241 PAB = 1.835 AWG
29 February 20241 PAB = 1.836 AWG

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

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.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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.