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.
PAB NIO August 2023
PAB NIO September 2023
PAB NIO October 2023
PAB NIO November 2023
PAB NIO December 2023
PAB NIO January 2024
PAB NIO February 2024
PAB NIO March 2024
PAB NIO April 2024
PAB NIO May 2024
PAB NIO June 2024
PAB NIO July 2024
PAB NIO August 2024