Historic Panamanian Balboa Salvadoran Colón

Panamanian Balboa salvadoran colón history for February 2024. The highest quote for this month is 8.75 (03/02/2024) and the lowest 8.75 (03/02/2024). The difference between high and low is 0.

PAB SVC average rate for February 2024 is 8.73527, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 PAB = 8.73 SVC
02 February 20241 PAB = 8.73 SVC
03 February 20241 PAB = 8.75 SVC
04 February 20241 PAB = 8.75 SVC
05 February 20241 PAB = 8.73 SVC
06 February 20241 PAB = 8.73 SVC
07 February 20241 PAB = 8.73 SVC
08 February 20241 PAB = 8.73 SVC
09 February 20241 PAB = 8.73 SVC
10 February 20241 PAB = 8.75 SVC
11 February 20241 PAB = 8.75 SVC
12 February 20241 PAB = 8.73 SVC
13 February 20241 PAB = 8.73 SVC
14 February 20241 PAB = 8.73 SVC
15 February 20241 PAB = 8.73 SVC
16 February 20241 PAB = 8.73 SVC
17 February 20241 PAB = 8.75 SVC
18 February 20241 PAB = 8.75 SVC
19 February 20241 PAB = 8.73 SVC
20 February 20241 PAB = 8.73 SVC
21 February 20241 PAB = 8.73 SVC
22 February 20241 PAB = 8.73 SVC
23 February 20241 PAB = 8.73 SVC
24 February 20241 PAB = 8.75 SVC
25 February 20241 PAB = 8.75 SVC
26 February 20241 PAB = 8.73 SVC
27 February 20241 PAB = 8.73 SVC
28 February 20241 PAB = 8.73 SVC
29 February 20241 PAB = 8.73 SVC

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.

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.