Historic Panamanian Balboa Brunei dollar

Panamanian Balboa brunei dollar history for March 2024. The highest quote for this month is 1.3535 (01/03/2024) and the lowest 1.3546 (01/03/2024). The difference between high and low is -0.08.

PAB BND average rate for March 2024 is 1.3449, the change between 01/03/2024 and 31/03/2024 is +1.68 %.

01 March 20241 PAB = 1.354 BND
03 March 20241 PAB = 1.344 BND
04 March 20241 PAB = 1.355 BND
05 March 20241 PAB = 1.351 BND
06 March 20241 PAB = 1.352 BND
07 March 20241 PAB = 1.349 BND
08 March 20241 PAB = 1.344 BND
10 March 20241 PAB = 1.331 BND
11 March 20241 PAB = 1.339 BND
12 March 20241 PAB = 1.331 BND

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.