Historic Panamanian Balboa Ethiopian birr

Panamanian Balboa ethiopian birr history for January 2024. The highest quote for this month is 57.693 (30/01/2024) and the lowest 57.669 (24/01/2024). The difference between high and low is 0.04.

PAB ETB average rate for January 2024 is 57.44452, the change between 01/01/2024 and 31/01/2024 is -0.07 %.

01 January 20241 PAB = 57.39 ETB
02 January 20241 PAB = 57.39 ETB
03 January 20241 PAB = 57.18 ETB
04 January 20241 PAB = 57.25 ETB
05 January 20241 PAB = 57.13 ETB
08 January 20241 PAB = 57.12 ETB
09 January 20241 PAB = 57.34 ETB
10 January 20241 PAB = 57.61 ETB
11 January 20241 PAB = 57.64 ETB
12 January 20241 PAB = 57.63 ETB
15 January 20241 PAB = 57.64 ETB
16 January 20241 PAB = 57.65 ETB
17 January 20241 PAB = 57.65 ETB
18 January 20241 PAB = 57.37 ETB
19 January 20241 PAB = 57.37 ETB
22 January 20241 PAB = 57.67 ETB
23 January 20241 PAB = 57.33 ETB
24 January 20241 PAB = 57.43 ETB
25 January 20241 PAB = 57.43 ETB
26 January 20241 PAB = 57.39 ETB
29 January 20241 PAB = 57.69 ETB
30 January 20241 PAB = 57.51 ETB
31 January 20241 PAB = 57.43 ETB

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

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.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

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.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

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.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.
PAB ETB January 2024
PAB ETB February 2024
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PAB ETB January 2025