Historic Panamanian Balboa Bahamian dollar

Panamanian Balboa bahamian dollar history for December 2023. The highest quote for this month is 1.0171 (08/12/2023) and the lowest 1.0172 (12/12/2023). The difference between high and low is -0.01.

PAB BSD average rate for December 2023 is 1.0127, the change between 01/12/2023 and 31/12/2023 is +0.03 %.

01 December 20231 PAB = 1.017 BSD
02 December 20231 PAB = 1.000 BSD
03 December 20231 PAB = 1.000 BSD
04 December 20231 PAB = 1.017 BSD
05 December 20231 PAB = 1.017 BSD
06 December 20231 PAB = 1.017 BSD
07 December 20231 PAB = 1.018 BSD
08 December 20231 PAB = 1.017 BSD
10 December 20231 PAB = 1.000 BSD
11 December 20231 PAB = 1.017 BSD
12 December 20231 PAB = 1.017 BSD
13 December 20231 PAB = 1.017 BSD
14 December 20231 PAB = 1.017 BSD
15 December 20231 PAB = 1.017 BSD
16 December 20231 PAB = 1.000 BSD
17 December 20231 PAB = 1.000 BSD
18 December 20231 PAB = 1.017 BSD
19 December 20231 PAB = 1.017 BSD
20 December 20231 PAB = 1.017 BSD
21 December 20231 PAB = 1.017 BSD
22 December 20231 PAB = 1.017 BSD
23 December 20231 PAB = 1.000 BSD
24 December 20231 PAB = 1.000 BSD
25 December 20231 PAB = 1.017 BSD
26 December 20231 PAB = 1.017 BSD
27 December 20231 PAB = 1.017 BSD
28 December 20231 PAB = 1.017 BSD
29 December 20231 PAB = 1.017 BSD

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

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.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.
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