Historic Panamanian Balboa Nicaraguan córdoba

Panamanian Balboa nicaraguan córdoba history for February 2024. The highest quote for this month is 37.435 (15/02/2024) and the lowest 37.206 (13/02/2024). The difference between high and low is 0.61.

PAB NIO average rate for February 2024 is 37.13228, the change between 01/02/2024 and 29/02/2024 is +0.68 %.

01 February 20241 PAB = 37.46 NIO
02 February 20241 PAB = 37.38 NIO
03 February 20241 PAB = 36.62 NIO
04 February 20241 PAB = 36.62 NIO
05 February 20241 PAB = 37.04 NIO
06 February 20241 PAB = 37.05 NIO
07 February 20241 PAB = 37.34 NIO
08 February 20241 PAB = 37.41 NIO
09 February 20241 PAB = 37.38 NIO
10 February 20241 PAB = 36.62 NIO
11 February 20241 PAB = 36.62 NIO
12 February 20241 PAB = 37.20 NIO
13 February 20241 PAB = 37.37 NIO
14 February 20241 PAB = 37.40 NIO
15 February 20241 PAB = 37.42 NIO
16 February 20241 PAB = 37.42 NIO
17 February 20241 PAB = 36.62 NIO
18 February 20241 PAB = 36.62 NIO
19 February 20241 PAB = 37.21 NIO
20 February 20241 PAB = 37.21 NIO
21 February 20241 PAB = 37.41 NIO
22 February 20241 PAB = 37.47 NIO
23 February 20241 PAB = 37.50 NIO
24 February 20241 PAB = 36.62 NIO
25 February 20241 PAB = 36.62 NIO
26 February 20241 PAB = 37.20 NIO
27 February 20241 PAB = 37.37 NIO
28 February 20241 PAB = 37.41 NIO
29 February 20241 PAB = 37.21 NIO

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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

15/10/1941: 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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per 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.
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