Historic Panamanian Balboa Euro

Panamanian Balboa euro history for January 2024. The highest quote for this month is 0.9466 (30/01/2024) and the lowest 0.944 (30/01/2024). The difference between high and low is 0.27.

PAB EUR average rate for January 2024 is 0.93436, the change between 01/01/2024 and 31/01/2024 is -2.21 %.

01 January 20241 PAB = 0.9237 EUR
02 January 20241 PAB = 0.9243 EUR
03 January 20241 PAB = 0.9350 EUR
04 January 20241 PAB = 0.9373 EUR
05 January 20241 PAB = 0.9349 EUR
07 January 20241 PAB = 0.9136 EUR
08 January 20241 PAB = 0.9379 EUR
09 January 20241 PAB = 0.9349 EUR
10 January 20241 PAB = 0.9364 EUR
11 January 20241 PAB = 0.9325 EUR
12 January 20241 PAB = 0.9317 EUR
14 January 20241 PAB = 0.9129 EUR
15 January 20241 PAB = 0.9363 EUR
16 January 20241 PAB = 0.9359 EUR
17 January 20241 PAB = 0.9394 EUR
18 January 20241 PAB = 0.9403 EUR
19 January 20241 PAB = 0.9408 EUR
21 January 20241 PAB = 0.9178 EUR
22 January 20241 PAB = 0.9404 EUR
23 January 20241 PAB = 0.9410 EUR
24 January 20241 PAB = 0.9431 EUR
25 January 20241 PAB = 0.9407 EUR
26 January 20241 PAB = 0.9431 EUR
28 January 20241 PAB = 0.9214 EUR
29 January 20241 PAB = 0.9431 EUR
30 January 20241 PAB = 0.9453 EUR
31 January 20241 PAB = 0.9441 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
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PAB EUR January 2025