Panamanian Balboa pound sterling exchange rate history (PAB GBP) November 2023

Panamanian Balboa pound sterling history for November 2023. The highest quote for this month is 0.84693 (01/11/2023) and the lowest 0.84224 (01/11/2023). The difference between high and low is 0.55.

PAB GBP average rate for November 2023 is 0.82324, the change between 01/11/2023 and 30/11/2023 is +4.35 %.

01 November 2023	1 PAB = 0.8428 GBP
02 November 2023	1 PAB = 0.8411 GBP
03 November 2023	1 PAB = 0.8413 GBP
06 November 2023	1 PAB = 0.8344 GBP
07 November 2023	1 PAB = 0.8293 GBP
08 November 2023	1 PAB = 0.8337 GBP
09 November 2023	1 PAB = 0.8329 GBP
10 November 2023	1 PAB = 0.8381 GBP
12 November 2023	1 PAB = 0.8179 GBP
13 November 2023	1 PAB = 0.8404 GBP
14 November 2023	1 PAB = 0.8331 GBP
15 November 2023	1 PAB = 0.8198 GBP
16 November 2023	1 PAB = 0.8234 GBP
17 November 2023	1 PAB = 0.8240 GBP
19 November 2023	1 PAB = 0.8024 GBP
20 November 2023	1 PAB = 0.8259 GBP
21 November 2023	1 PAB = 0.8184 GBP
22 November 2023	1 PAB = 0.8163 GBP
23 November 2023	1 PAB = 0.8199 GBP
24 November 2023	1 PAB = 0.8160 GBP
26 November 2023	1 PAB = 0.7937 GBP
27 November 2023	1 PAB = 0.8149 GBP
28 November 2023	1 PAB = 0.8099 GBP
29 November 2023	1 PAB = 0.8056 GBP
30 November 2023	1 PAB = 0.8062 GBP

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

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.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Panamanian Balboa Pound sterling