Historic Panamanian Balboa Ghana Cedi

Panamanian Balboa ghana cedi history for February 2024. The highest quote for this month is 12.926 (29/02/2024) and the lowest 12.873 (29/02/2024). The difference between high and low is 0.41.

PAB GHS average rate for February 2024 is 12.64667, the change between 01/02/2024 and 29/02/2024 is -2.15 %.

01 February 20241 PAB = 12.61 GHS
02 February 20241 PAB = 12.65 GHS
03 February 20241 PAB = 12.34 GHS
04 February 20241 PAB = 12.34 GHS
05 February 20241 PAB = 12.64 GHS
06 February 20241 PAB = 12.65 GHS
07 February 20241 PAB = 12.64 GHS
08 February 20241 PAB = 12.64 GHS
09 February 20241 PAB = 12.67 GHS
12 February 20241 PAB = 12.68 GHS
13 February 20241 PAB = 12.70 GHS
14 February 20241 PAB = 12.70 GHS
15 February 20241 PAB = 12.70 GHS
16 February 20241 PAB = 12.71 GHS
17 February 20241 PAB = 12.40 GHS
18 February 20241 PAB = 12.40 GHS
19 February 20241 PAB = 12.74 GHS
20 February 20241 PAB = 12.76 GHS
21 February 20241 PAB = 12.71 GHS
22 February 20241 PAB = 12.80 GHS
23 February 20241 PAB = 12.64 GHS
24 February 20241 PAB = 12.50 GHS
25 February 20241 PAB = 12.50 GHS
26 February 20241 PAB = 12.82 GHS
27 February 20241 PAB = 12.80 GHS
28 February 20241 PAB = 12.85 GHS
29 February 20241 PAB = 12.88 GHS

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

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.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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 GHS January 2024
PAB GHS February 2024
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PAB GHS January 2025