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

Panamanian Balboa colombian peso history for September 2023. The highest quote for this month is 4197.69 (06/09/2023) and the lowest 4175.65 (06/09/2023). The difference between high and low is 0.53.

PAB COP average rate for September 2023 is 4089.2175, the change between 01/09/2023 and 30/09/2023 is +2.52 %.

01 September 2023	1 PAB = 4182.71 COP
04 September 2023	1 PAB = 4138.29 COP
05 September 2023	1 PAB = 4147.48 COP
06 September 2023	1 PAB = 4175.84 COP
07 September 2023	1 PAB = 4164.76 COP
08 September 2023	1 PAB = 4124.76 COP
11 September 2023	1 PAB = 4115.93 COP
12 September 2023	1 PAB = 4086.93 COP
13 September 2023	1 PAB = 4076.93 COP
14 September 2023	1 PAB = 4052.95 COP
15 September 2023	1 PAB = 4011.26 COP
18 September 2023	1 PAB = 4029.23 COP
19 September 2023	1 PAB = 3989.29 COP
20 September 2023	1 PAB = 4015.52 COP
21 September 2023	1 PAB = 3997.90 COP
22 September 2023	1 PAB = 4034.15 COP
23 September 2023	1 PAB = 3983.01 COP
24 September 2023	1 PAB = 3993.46 COP
25 September 2023	1 PAB = 4094.58 COP
26 September 2023	1 PAB = 4117.51 COP
27 September 2023	1 PAB = 4164.49 COP
28 September 2023	1 PAB = 4197.89 COP
29 September 2023	1 PAB = 4169.18 COP
30 September 2023	1 PAB = 4077.17 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