Historic Panamanian Balboa Surinamese dollar

Panamanian Balboa surinamese dollar history for October 2023. The highest quote for this month is 39.374 (09/10/2023) and the lowest 39.43 (09/10/2023). The difference between high and low is -0.14.

PAB SRD average rate for October 2023 is 38.83204, the change between 01/10/2023 and 31/10/2023 is -1.75 %.

01 October 20231 PAB = 38.24 SRD
03 October 20231 PAB = 38.87 SRD
04 October 20231 PAB = 38.88 SRD
06 October 20231 PAB = 39.48 SRD
07 October 20231 PAB = 38.43 SRD
09 October 20231 PAB = 39.54 SRD
10 October 20231 PAB = 38.73 SRD
11 October 20231 PAB = 39.03 SRD
13 October 20231 PAB = 38.97 SRD
16 October 20231 PAB = 39.14 SRD
17 October 20231 PAB = 38.71 SRD
18 October 20231 PAB = 38.77 SRD
19 October 20231 PAB = 39.01 SRD
20 October 20231 PAB = 39.26 SRD
21 October 20231 PAB = 38.32 SRD
22 October 20231 PAB = 38.32 SRD
23 October 20231 PAB = 38.79 SRD
24 October 20231 PAB = 39.05 SRD
25 October 20231 PAB = 39.06 SRD
26 October 20231 PAB = 39.06 SRD
27 October 20231 PAB = 38.76 SRD
29 October 20231 PAB = 37.85 SRD
30 October 20231 PAB = 38.80 SRD
31 October 20231 PAB = 38.91 SRD

01/01/2019: Redenomination of the Surinamese dollar

The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).

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.

01/01/2011: Introduction of new banknotes

New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar banknotes.

01/01/2004: Replacement of banknotes

New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.

23/12/1991: Devaluation of the Surinamese dollar

The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.

01/10/1985: Introduction of the Surinamese dollar

The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.

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.

01/01/1962: Introduction of the Surinamese guilder

The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.

31/12/1954: Independence of Suriname

Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official 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.