Historic Panamanian Balboa Salvadoran Colón

Panamanian Balboa salvadoran colón history for September 2023. The highest quote for this month is 8.753 (06/09/2023) and the lowest 8.75 (23/09/2023). The difference between high and low is 0.03.

PAB SVC average rate for September 2023 is 8.73221, the change between 01/09/2023 and 30/09/2023 is -0.23 %.

01 September 20231 PAB = 8.73 SVC
04 September 20231 PAB = 8.73 SVC
05 September 20231 PAB = 8.73 SVC
06 September 20231 PAB = 8.73 SVC
07 September 20231 PAB = 8.73 SVC
08 September 20231 PAB = 8.73 SVC
11 September 20231 PAB = 8.73 SVC
12 September 20231 PAB = 8.73 SVC
13 September 20231 PAB = 8.73 SVC
14 September 20231 PAB = 8.73 SVC
15 September 20231 PAB = 8.73 SVC
18 September 20231 PAB = 8.73 SVC
19 September 20231 PAB = 8.73 SVC
20 September 20231 PAB = 8.73 SVC
21 September 20231 PAB = 8.73 SVC
22 September 20231 PAB = 8.73 SVC
23 September 20231 PAB = 8.75 SVC
24 September 20231 PAB = 8.75 SVC
25 September 20231 PAB = 8.73 SVC
26 September 20231 PAB = 8.73 SVC
27 September 20231 PAB = 8.73 SVC
28 September 20231 PAB = 8.73 SVC
29 September 20231 PAB = 8.73 SVC
30 September 20231 PAB = 8.75 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.