Historic Panamanian Balboa Comorian Franc

Panamanian Balboa comorian franc history for December 2023. The highest quote for this month is 467.83 (12/12/2023) and the lowest 471.95 (14/12/2023). The difference between high and low is -0.88.

PAB KMF average rate for December 2023 is 458.89857, the change between 01/12/2023 and 31/12/2023 is +1.66 %.

01 December 20231 PAB = 458.7 KMF
02 December 20231 PAB = 452.1 KMF
03 December 20231 PAB = 452.9 KMF
04 December 20231 PAB = 462.4 KMF
05 December 20231 PAB = 462.5 KMF
06 December 20231 PAB = 466.9 KMF
07 December 20231 PAB = 466.6 KMF
08 December 20231 PAB = 466.1 KMF
10 December 20231 PAB = 457.7 KMF
11 December 20231 PAB = 467.5 KMF
12 December 20231 PAB = 467.6 KMF
13 December 20231 PAB = 467.9 KMF
14 December 20231 PAB = 467.0 KMF
15 December 20231 PAB = 467.1 KMF
16 December 20231 PAB = 450.4 KMF
17 December 20231 PAB = 450.4 KMF
18 December 20231 PAB = 464.4 KMF
19 December 20231 PAB = 457.5 KMF
20 December 20231 PAB = 459.1 KMF
21 December 20231 PAB = 459.1 KMF
22 December 20231 PAB = 459.2 KMF
23 December 20231 PAB = 446.8 KMF
24 December 20231 PAB = 446.2 KMF
25 December 20231 PAB = 456.7 KMF
26 December 20231 PAB = 456.7 KMF
27 December 20231 PAB = 455.2 KMF
28 December 20231 PAB = 453.5 KMF
29 December 20231 PAB = 451.1 KMF

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its 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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.

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.
PAB KMF August 2023
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