Historic Panamanian Balboa Guatemalan quetzal

Panamanian Balboa guatemalan quetzal history for February 2024. The highest quote for this month is 7.8131 (22/02/2024) and the lowest 7.8146 (15/02/2024). The difference between high and low is -0.02.

PAB GTQ average rate for February 2024 is 7.80619, the change between 01/02/2024 and 29/02/2024 is +0.01 %.

01 February 20241 PAB = 7.80 GTQ
02 February 20241 PAB = 7.81 GTQ
03 February 20241 PAB = 7.81 GTQ
04 February 20241 PAB = 7.81 GTQ
05 February 20241 PAB = 7.81 GTQ
06 February 20241 PAB = 7.81 GTQ
07 February 20241 PAB = 7.81 GTQ
08 February 20241 PAB = 7.81 GTQ
09 February 20241 PAB = 7.80 GTQ
12 February 20241 PAB = 7.80 GTQ
13 February 20241 PAB = 7.80 GTQ
14 February 20241 PAB = 7.80 GTQ
15 February 20241 PAB = 7.80 GTQ
16 February 20241 PAB = 7.80 GTQ
17 February 20241 PAB = 7.81 GTQ
18 February 20241 PAB = 7.81 GTQ
19 February 20241 PAB = 7.80 GTQ
20 February 20241 PAB = 7.80 GTQ
21 February 20241 PAB = 7.80 GTQ
22 February 20241 PAB = 7.80 GTQ
23 February 20241 PAB = 7.81 GTQ
24 February 20241 PAB = 7.81 GTQ
25 February 20241 PAB = 7.81 GTQ
26 February 20241 PAB = 7.81 GTQ
27 February 20241 PAB = 7.81 GTQ
28 February 20241 PAB = 7.80 GTQ
29 February 20241 PAB = 7.80 GTQ

14/09/2020: Centenary of the Quetzal

The Guatemalan Quetzal celebrated its centenary, marking 100 years as the national currency of Guatemala.

30/05/2011: New banknotes

New banknotes were introduced to incorporate modern security features and commemorate the 20th anniversary of Quetzal's reintroduction.

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.

09/02/1987: Quetzal devaluation

The Quetzal was devalued by 66% as part of an economic stabilization plan.

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.

13/09/1967: Decree Law 17-67

Decree Law 17-67 was enacted, establishing a fixed exchange rate between the Quetzal and the US dollar.

08/04/1951: Monetary Reform

Guatemala underwent a monetary reform, with the introduction of the Quetzal as the sole currency.

25/06/1946: The Quetzalé bill

The Quetzalé bill, equivalent to 1,000 Quetzales, was introduced to combat hyperinflation.

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.

22/06/1925: Introduction of the Quetzal

The Guatemalan Quetzal was introduced as the official currency, replacing the Guatemalan peso.

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.