Historic Panamanian Balboa Gibraltar pound

Panamanian Balboa gibraltar pound history for January 2024. The highest quote for this month is 0.81068 (17/01/2024) and the lowest 0.81001 (03/01/2024). The difference between high and low is 0.08.

PAB GIP average rate for January 2024 is 0.80547, the change between 01/01/2024 and 31/01/2024 is -0.32 %.

01 January 20241 PAB = 0.8019 GIP
02 January 20241 PAB = 0.8078 GIP
03 January 20241 PAB = 0.8091 GIP
04 January 20241 PAB = 0.8062 GIP
05 January 20241 PAB = 0.8045 GIP
08 January 20241 PAB = 0.8066 GIP
09 January 20241 PAB = 0.8044 GIP
10 January 20241 PAB = 0.8045 GIP
11 January 20241 PAB = 0.8032 GIP
12 January 20241 PAB = 0.8019 GIP
15 January 20241 PAB = 0.8054 GIP
16 January 20241 PAB = 0.8094 GIP
17 January 20241 PAB = 0.8076 GIP
18 January 20241 PAB = 0.8083 GIP
19 January 20241 PAB = 0.8055 GIP
22 January 20241 PAB = 0.8050 GIP
23 January 20241 PAB = 0.8070 GIP
24 January 20241 PAB = 0.8027 GIP
25 January 20241 PAB = 0.8045 GIP
26 January 20241 PAB = 0.8030 GIP
29 January 20241 PAB = 0.8060 GIP
30 January 20241 PAB = 0.8070 GIP
31 January 20241 PAB = 0.8044 GIP

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

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.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.

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 GIP January 2024
PAB GIP February 2024
PAB GIP March 2024
PAB GIP April 2024
PAB GIP May 2024
PAB GIP June 2024
PAB GIP July 2024
PAB GIP August 2024
PAB GIP September 2024
PAB GIP October 2024
PAB GIP November 2024
PAB GIP December 2024
PAB GIP January 2025