Panamanian Balboa costa rican colón exchange rate history (PAB CRC) November 2023

Panamanian Balboa costa rican colón history for November 2023. The highest quote for this month is 532.88 (08/11/2023) and the lowest 533.5 (07/11/2023). The difference between high and low is -0.12.

PAB CRC average rate for November 2023 is 530.42231, the change between 01/11/2023 and 30/11/2023 is +0.24 %.

01 November 2023	1 PAB = 530.3 CRC
02 November 2023	1 PAB = 530.1 CRC
03 November 2023	1 PAB = 530.1 CRC
06 November 2023	1 PAB = 530.2 CRC
07 November 2023	1 PAB = 532.0 CRC
08 November 2023	1 PAB = 533.5 CRC
09 November 2023	1 PAB = 532.9 CRC
10 November 2023	1 PAB = 530.2 CRC
12 November 2023	1 PAB = 530.3 CRC
13 November 2023	1 PAB = 530.3 CRC
14 November 2023	1 PAB = 530.2 CRC
15 November 2023	1 PAB = 529.6 CRC
16 November 2023	1 PAB = 529.7 CRC
17 November 2023	1 PAB = 529.7 CRC
18 November 2023	1 PAB = 531.0 CRC
19 November 2023	1 PAB = 531.0 CRC
20 November 2023	1 PAB = 530.8 CRC
21 November 2023	1 PAB = 530.8 CRC
22 November 2023	1 PAB = 530.1 CRC
23 November 2023	1 PAB = 530.1 CRC
24 November 2023	1 PAB = 530.2 CRC
26 November 2023	1 PAB = 530.0 CRC
27 November 2023	1 PAB = 530.2 CRC
28 November 2023	1 PAB = 529.8 CRC
29 November 2023	1 PAB = 529.1 CRC
30 November 2023	1 PAB = 529.0 CRC

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

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.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

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.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.

Historic Panamanian Balboa Costa Rican colón