Historic Panamanian Balboa Czech koruna

Panamanian Balboa czech koruna history for February 2024. The highest quote for this month is 24.337 (15/02/2024) and the lowest 24.185 (14/02/2024). The difference between high and low is 0.62.

PAB CZK average rate for February 2024 is 23.773, the change between 01/02/2024 and 29/02/2024 is -1.63 %.

01 February 20241 PAB = 23.53 CZK
02 February 20241 PAB = 23.38 CZK
03 February 20241 PAB = 23.11 CZK
04 February 20241 PAB = 23.08 CZK
05 February 20241 PAB = 23.46 CZK
06 February 20241 PAB = 23.71 CZK
07 February 20241 PAB = 23.68 CZK
08 February 20241 PAB = 23.68 CZK
09 February 20241 PAB = 23.95 CZK
12 February 20241 PAB = 23.93 CZK
13 February 20241 PAB = 23.96 CZK
14 February 20241 PAB = 24.20 CZK
15 February 20241 PAB = 24.20 CZK
16 February 20241 PAB = 24.08 CZK
17 February 20241 PAB = 23.61 CZK
18 February 20241 PAB = 23.58 CZK
19 February 20241 PAB = 24.13 CZK
20 February 20241 PAB = 24.18 CZK
21 February 20241 PAB = 24.01 CZK
22 February 20241 PAB = 23.93 CZK
23 February 20241 PAB = 23.95 CZK
24 February 20241 PAB = 23.43 CZK
25 February 20241 PAB = 23.37 CZK
26 February 20241 PAB = 23.99 CZK
27 February 20241 PAB = 23.92 CZK
28 February 20241 PAB = 23.90 CZK
29 February 20241 PAB = 23.92 CZK

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's 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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.

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.