Historic Panamanian Balboa Fijian Dollar

Panamanian Balboa fijian dollar history for January 2024. The highest quote for this month is 2.3064 (23/01/2024) and the lowest 2.3065 (24/01/2024). The difference between high and low is 0.

PAB FJD average rate for January 2024 is 2.27389, the change between 01/01/2024 and 31/01/2024 is -2.07 %.

01 January 20241 PAB = 2.229 FJD
02 January 20241 PAB = 2.227 FJD
03 January 20241 PAB = 2.267 FJD
04 January 20241 PAB = 2.276 FJD
05 January 20241 PAB = 2.254 FJD
08 January 20241 PAB = 2.259 FJD
09 January 20241 PAB = 2.276 FJD
10 January 20241 PAB = 2.280 FJD
11 January 20241 PAB = 2.280 FJD
12 January 20241 PAB = 2.280 FJD
15 January 20241 PAB = 2.253 FJD
16 January 20241 PAB = 2.265 FJD
17 January 20241 PAB = 2.271 FJD
18 January 20241 PAB = 2.281 FJD
19 January 20241 PAB = 2.277 FJD
22 January 20241 PAB = 2.277 FJD
23 January 20241 PAB = 2.308 FJD
24 January 20241 PAB = 2.308 FJD
25 January 20241 PAB = 2.303 FJD
26 January 20241 PAB = 2.277 FJD
29 January 20241 PAB = 2.278 FJD
30 January 20241 PAB = 2.298 FJD
31 January 20241 PAB = 2.275 FJD

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

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.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 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.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.