Panamanian Balboa colombian peso exchange rate history (PAB COP) October 2023

Panamanian Balboa colombian peso history for October 2023. The highest quote for this month is 4537.18 (06/10/2023) and the lowest 4421.92 (09/10/2023). The difference between high and low is 2.54.

PAB COP average rate for October 2023 is 4288.75143, the change between 01/10/2023 and 31/10/2023 is -2.12 %.

01 October 2023	1 PAB = 4074.96 COP
02 October 2023	1 PAB = 4165.44 COP
03 October 2023	1 PAB = 4258.76 COP
04 October 2023	1 PAB = 4317.23 COP
05 October 2023	1 PAB = 4393.80 COP
06 October 2023	1 PAB = 4465.49 COP
07 October 2023	1 PAB = 4323.96 COP
09 October 2023	1 PAB = 4449.60 COP
10 October 2023	1 PAB = 4421.29 COP
11 October 2023	1 PAB = 4329.06 COP
12 October 2023	1 PAB = 4316.42 COP
13 October 2023	1 PAB = 4368.68 COP
16 October 2023	1 PAB = 4336.51 COP
17 October 2023	1 PAB = 4340.73 COP
18 October 2023	1 PAB = 4304.08 COP
19 October 2023	1 PAB = 4351.07 COP
20 October 2023	1 PAB = 4362.68 COP
21 October 2023	1 PAB = 4227.46 COP
22 October 2023	1 PAB = 4227.46 COP
23 October 2023	1 PAB = 4344.67 COP
24 October 2023	1 PAB = 4314.93 COP
25 October 2023	1 PAB = 4315.01 COP
26 October 2023	1 PAB = 4286.05 COP
27 October 2023	1 PAB = 4236.66 COP
28 October 2023	1 PAB = 4100.46 COP
29 October 2023	1 PAB = 4100.46 COP
30 October 2023	1 PAB = 4190.67 COP
31 October 2023	1 PAB = 4161.45 COP

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Panamanian Balboa Colombian Peso