Panamanian Balboa egyptian pound exchange rate history (PAB EGP) August 2023

Panamanian Balboa egyptian pound history for August 2023. The highest quote for this month is 31.677 (21/08/2023) and the lowest 31.689 (30/08/2023). The difference between high and low is -0.04.

PAB EGP average rate for August 2023 is 31.54012, the change between 01/08/2023 and 31/08/2023 is -0.01 %.

01 August 2023	1 PAB = 31.58 EGP
02 August 2023	1 PAB = 31.58 EGP
03 August 2023	1 PAB = 31.55 EGP
04 August 2023	1 PAB = 31.67 EGP
07 August 2023	1 PAB = 31.68 EGP
08 August 2023	1 PAB = 31.61 EGP
09 August 2023	1 PAB = 31.60 EGP
10 August 2023	1 PAB = 31.59 EGP
11 August 2023	1 PAB = 31.59 EGP
12 August 2023	1 PAB = 30.85 EGP
14 August 2023	1 PAB = 31.61 EGP
15 August 2023	1 PAB = 31.57 EGP
16 August 2023	1 PAB = 31.59 EGP
17 August 2023	1 PAB = 31.59 EGP
18 August 2023	1 PAB = 31.58 EGP
20 August 2023	1 PAB = 30.90 EGP
21 August 2023	1 PAB = 31.53 EGP
22 August 2023	1 PAB = 31.62 EGP
23 August 2023	1 PAB = 31.60 EGP
24 August 2023	1 PAB = 31.60 EGP
25 August 2023	1 PAB = 31.60 EGP
28 August 2023	1 PAB = 31.60 EGP
29 August 2023	1 PAB = 31.60 EGP
30 August 2023	1 PAB = 31.66 EGP
31 August 2023	1 PAB = 31.58 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Panamanian Balboa Egyptian Pound