Historic Panamanian Balboa Dominican Peso

Panamanian Balboa dominican peso history for February 2024. The highest quote for this month is 60.168 (02/02/2024) and the lowest 60.017 (06/02/2024). The difference between high and low is 0.25.

PAB DOP average rate for February 2024 is 59.54111, the change between 01/02/2024 and 29/02/2024 is +1.04 %.

01 February 20241 PAB = 59.94 DOP
02 February 20241 PAB = 59.70 DOP
03 February 20241 PAB = 58.67 DOP
04 February 20241 PAB = 58.67 DOP
05 February 20241 PAB = 59.50 DOP
06 February 20241 PAB = 59.49 DOP
07 February 20241 PAB = 60.00 DOP
08 February 20241 PAB = 59.99 DOP
09 February 20241 PAB = 59.70 DOP
12 February 20241 PAB = 59.30 DOP
13 February 20241 PAB = 59.79 DOP
14 February 20241 PAB = 59.58 DOP
15 February 20241 PAB = 59.64 DOP
16 February 20241 PAB = 59.82 DOP
17 February 20241 PAB = 58.47 DOP
18 February 20241 PAB = 58.47 DOP
19 February 20241 PAB = 60.02 DOP
20 February 20241 PAB = 60.02 DOP
21 February 20241 PAB = 59.98 DOP
22 February 20241 PAB = 59.82 DOP
23 February 20241 PAB = 60.16 DOP
24 February 20241 PAB = 58.65 DOP
25 February 20241 PAB = 58.65 DOP
26 February 20241 PAB = 60.15 DOP
27 February 20241 PAB = 59.99 DOP
28 February 20241 PAB = 60.13 DOP
29 February 20241 PAB = 59.32 DOP

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

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.

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

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.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

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.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.