Historic Panamanian Balboa Euro

Panamanian Balboa euro history for February 2024. The highest quote for this month is 0.9563 (13/02/2024) and the lowest 0.9538 (14/02/2024). The difference between high and low is 0.26.

PAB EUR average rate for February 2024 is 0.94545, the change between 01/02/2024 and 29/02/2024 is +0.29 %.

01 February 20241 PAB = 0.9492 EUR
02 February 20241 PAB = 0.9416 EUR
05 February 20241 PAB = 0.9408 EUR
06 February 20241 PAB = 0.9520 EUR
07 February 20241 PAB = 0.9511 EUR
08 February 20241 PAB = 0.9499 EUR
09 February 20241 PAB = 0.9494 EUR
11 February 20241 PAB = 0.9271 EUR
12 February 20241 PAB = 0.9488 EUR
13 February 20241 PAB = 0.9505 EUR
14 February 20241 PAB = 0.9559 EUR
15 February 20241 PAB = 0.9540 EUR
16 February 20241 PAB = 0.9507 EUR
18 February 20241 PAB = 0.9273 EUR
19 February 20241 PAB = 0.9492 EUR
20 February 20241 PAB = 0.9503 EUR
21 February 20241 PAB = 0.9466 EUR
22 February 20241 PAB = 0.9461 EUR
23 February 20241 PAB = 0.9451 EUR
25 February 20241 PAB = 0.9242 EUR
26 February 20241 PAB = 0.9469 EUR
27 February 20241 PAB = 0.9435 EUR
28 February 20241 PAB = 0.9442 EUR
29 February 20241 PAB = 0.9464 EUR

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.
PAB EUR January 2024
PAB EUR February 2024
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