Panamanian Balboa chilean peso exchange rate history (PAB CLP) August 2023

Panamanian Balboa chilean peso history for August 2023. The highest quote for this month is 891.51 (21/08/2023) and the lowest 886.14 (17/08/2023). The difference between high and low is 0.6.

PAB CLP average rate for August 2023 is 874.56077, the change between 01/08/2023 and 31/08/2023 is -1.4 %.

01 August 2023	1 PAB = 859.2 CLP
02 August 2023	1 PAB = 860.4 CLP
03 August 2023	1 PAB = 862.8 CLP
04 August 2023	1 PAB = 871.2 CLP
05 August 2023	1 PAB = 851.6 CLP
07 August 2023	1 PAB = 873.9 CLP
08 August 2023	1 PAB = 879.1 CLP
09 August 2023	1 PAB = 880.3 CLP
10 August 2023	1 PAB = 881.4 CLP
11 August 2023	1 PAB = 865.6 CLP
12 August 2023	1 PAB = 859.2 CLP
14 August 2023	1 PAB = 876.2 CLP
15 August 2023	1 PAB = 879.1 CLP
16 August 2023	1 PAB = 882.6 CLP
17 August 2023	1 PAB = 890.1 CLP
18 August 2023	1 PAB = 884.6 CLP
20 August 2023	1 PAB = 868.1 CLP
21 August 2023	1 PAB = 893.4 CLP
22 August 2023	1 PAB = 890.0 CLP
23 August 2023	1 PAB = 889.5 CLP
24 August 2023	1 PAB = 889.2 CLP
25 August 2023	1 PAB = 869.8 CLP
28 August 2023	1 PAB = 864.5 CLP
29 August 2023	1 PAB = 869.5 CLP
30 August 2023	1 PAB = 876.4 CLP
31 August 2023	1 PAB = 871.2 CLP

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

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.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

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.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.

Historic Panamanian Balboa Chilean Peso