Historic Panamanian Balboa Salvadoran Colón

Panamanian Balboa salvadoran colón history for November 2023. The highest quote for this month is 8.75 (11/11/2023) and the lowest 8.75 (11/11/2023). The difference between high and low is 0.

PAB SVC average rate for November 2023 is 8.73397, the change between 01/11/2023 and 30/11/2023 is -0.01 %.

01 November 20231 PAB = 8.73 SVC
02 November 20231 PAB = 8.73 SVC
03 November 20231 PAB = 8.73 SVC
06 November 20231 PAB = 8.73 SVC
07 November 20231 PAB = 8.73 SVC
08 November 20231 PAB = 8.73 SVC
09 November 20231 PAB = 8.73 SVC
10 November 20231 PAB = 8.73 SVC
11 November 20231 PAB = 8.75 SVC
12 November 20231 PAB = 8.75 SVC
13 November 20231 PAB = 8.73 SVC
14 November 20231 PAB = 8.73 SVC
15 November 20231 PAB = 8.73 SVC
16 November 20231 PAB = 8.73 SVC
17 November 20231 PAB = 8.73 SVC
18 November 20231 PAB = 8.75 SVC
19 November 20231 PAB = 8.75 SVC
20 November 20231 PAB = 8.73 SVC
21 November 20231 PAB = 8.73 SVC
22 November 20231 PAB = 8.73 SVC
23 November 20231 PAB = 8.73 SVC
24 November 20231 PAB = 8.73 SVC
25 November 20231 PAB = 8.75 SVC
26 November 20231 PAB = 8.75 SVC
27 November 20231 PAB = 8.73 SVC
28 November 20231 PAB = 8.73 SVC
29 November 20231 PAB = 8.73 SVC
30 November 20231 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.