Historic Panamanian Balboa Ghana Cedi

Panamanian Balboa ghana cedi history for January 2024. The highest quote for this month is 12.64 (29/01/2024) and the lowest 12.617 (29/01/2024). The difference between high and low is 0.18.

PAB GHS average rate for January 2024 is 12.23993, the change between 01/01/2024 and 31/01/2024 is -3.13 %.

01 January 20241 PAB = 12.22 GHS
02 January 20241 PAB = 12.22 GHS
03 January 20241 PAB = 12.17 GHS
04 January 20241 PAB = 12.19 GHS
05 January 20241 PAB = 12.18 GHS
06 January 20241 PAB = 11.88 GHS
07 January 20241 PAB = 11.88 GHS
08 January 20241 PAB = 12.21 GHS
09 January 20241 PAB = 12.19 GHS
10 January 20241 PAB = 12.17 GHS
11 January 20241 PAB = 12.18 GHS
12 January 20241 PAB = 12.20 GHS
14 January 20241 PAB = 11.91 GHS
15 January 20241 PAB = 12.23 GHS
16 January 20241 PAB = 12.26 GHS
17 January 20241 PAB = 12.26 GHS
18 January 20241 PAB = 12.20 GHS
19 January 20241 PAB = 12.23 GHS
22 January 20241 PAB = 12.36 GHS
23 January 20241 PAB = 12.29 GHS
24 January 20241 PAB = 12.27 GHS
25 January 20241 PAB = 12.39 GHS
26 January 20241 PAB = 12.38 GHS
28 January 20241 PAB = 12.20 GHS
29 January 20241 PAB = 12.64 GHS
30 January 20241 PAB = 12.60 GHS
31 January 20241 PAB = 12.60 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 July 2023
PAB GHS August 2023
PAB GHS September 2023
PAB GHS October 2023
PAB GHS November 2023
PAB GHS December 2023
PAB GHS January 2024
PAB GHS February 2024
PAB GHS March 2024
PAB GHS April 2024
PAB GHS May 2024
PAB GHS June 2024
PAB GHS July 2024