Historic Panamanian Balboa Egyptian Pound

Panamanian Balboa egyptian pound history for February 2024. The highest quote for this month is 31.671 (15/02/2024) and the lowest 31.677 (02/02/2024). The difference between high and low is -0.02.

PAB EGP average rate for February 2024 is 31.43315, the change between 01/02/2024 and 29/02/2024 is -0.15 %.

01 February 20241 PAB = 31.66 EGP
02 February 20241 PAB = 31.60 EGP
03 February 20241 PAB = 30.85 EGP
04 February 20241 PAB = 30.85 EGP
05 February 20241 PAB = 31.50 EGP
06 February 20241 PAB = 31.57 EGP
07 February 20241 PAB = 31.59 EGP
08 February 20241 PAB = 31.59 EGP
09 February 20241 PAB = 31.58 EGP
12 February 20241 PAB = 31.44 EGP
13 February 20241 PAB = 31.60 EGP
14 February 20241 PAB = 31.61 EGP
15 February 20241 PAB = 31.61 EGP
16 February 20241 PAB = 31.62 EGP
17 February 20241 PAB = 30.85 EGP
18 February 20241 PAB = 30.85 EGP
19 February 20241 PAB = 31.47 EGP
20 February 20241 PAB = 31.61 EGP
21 February 20241 PAB = 31.64 EGP
22 February 20241 PAB = 31.61 EGP
23 February 20241 PAB = 31.59 EGP
24 February 20241 PAB = 30.85 EGP
25 February 20241 PAB = 30.95 EGP
26 February 20241 PAB = 31.63 EGP
27 February 20241 PAB = 31.65 EGP
28 February 20241 PAB = 31.61 EGP
29 February 20241 PAB = 31.71 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.
PAB EGP January 2024
PAB EGP February 2024
PAB EGP March 2024
PAB EGP April 2024
PAB EGP May 2024
PAB EGP June 2024
PAB EGP July 2024
PAB EGP August 2024
PAB EGP September 2024
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PAB EGP November 2024
PAB EGP December 2024
PAB EGP January 2025