Historic Panamanian Balboa Israeli Sheqel

Panamanian Balboa israeli sheqel history for January 2024. The highest quote for this month is 3.8834 (18/01/2024) and the lowest 3.8488 (18/01/2024). The difference between high and low is 0.89.

PAB ILS average rate for January 2024 is 3.7747, the change between 01/01/2024 and 31/01/2024 is -1.88 %.

01 January 20241 PAB = 3.676 ILS
02 January 20241 PAB = 3.673 ILS
03 January 20241 PAB = 3.721 ILS
04 January 20241 PAB = 3.744 ILS
05 January 20241 PAB = 3.741 ILS
06 January 20241 PAB = 3.670 ILS
07 January 20241 PAB = 3.676 ILS
08 January 20241 PAB = 3.772 ILS
09 January 20241 PAB = 3.795 ILS
10 January 20241 PAB = 3.819 ILS
11 January 20241 PAB = 3.825 ILS
12 January 20241 PAB = 3.832 ILS
14 January 20241 PAB = 3.728 ILS
15 January 20241 PAB = 3.821 ILS
16 January 20241 PAB = 3.842 ILS
17 January 20241 PAB = 3.851 ILS
18 January 20241 PAB = 3.884 ILS
19 January 20241 PAB = 3.847 ILS
21 January 20241 PAB = 3.741 ILS
22 January 20241 PAB = 3.832 ILS
23 January 20241 PAB = 3.851 ILS
24 January 20241 PAB = 3.843 ILS
25 January 20241 PAB = 3.789 ILS
26 January 20241 PAB = 3.781 ILS
28 January 20241 PAB = 3.683 ILS
29 January 20241 PAB = 3.766 ILS
30 January 20241 PAB = 3.744 ILS
31 January 20241 PAB = 3.746 ILS

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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.