Panamanian Balboa bermudian dollar exchange rate history (PAB BMD) August 2023

Panamanian Balboa bermudian dollar history for August 2023. The highest quote for this month is 1.0241 (21/08/2023) and the lowest 1.0297 (30/08/2023). The difference between high and low is -0.55.

PAB BMD average rate for August 2023 is 1.02083, the change between 01/08/2023 and 31/08/2023 is -0.03 %.

01 August 2023	1 PAB = 1.023 BMD
02 August 2023	1 PAB = 1.023 BMD
03 August 2023	1 PAB = 1.022 BMD
04 August 2023	1 PAB = 1.024 BMD
05 August 2023	1 PAB = 1.000 BMD
07 August 2023	1 PAB = 1.030 BMD
08 August 2023	1 PAB = 1.024 BMD
09 August 2023	1 PAB = 1.024 BMD
10 August 2023	1 PAB = 1.023 BMD
11 August 2023	1 PAB = 1.023 BMD
12 August 2023	1 PAB = 1.000 BMD
14 August 2023	1 PAB = 1.019 BMD
15 August 2023	1 PAB = 1.023 BMD
16 August 2023	1 PAB = 1.023 BMD
17 August 2023	1 PAB = 1.023 BMD
18 August 2023	1 PAB = 1.023 BMD
20 August 2023	1 PAB = 1.000 BMD
21 August 2023	1 PAB = 1.026 BMD
22 August 2023	1 PAB = 1.024 BMD
23 August 2023	1 PAB = 1.024 BMD
24 August 2023	1 PAB = 1.024 BMD
25 August 2023	1 PAB = 1.024 BMD
28 August 2023	1 PAB = 1.023 BMD
29 August 2023	1 PAB = 1.024 BMD
30 August 2023	1 PAB = 1.024 BMD
31 August 2023	1 PAB = 1.023 BMD

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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.

Historic Panamanian Balboa Bermudian dollar