Historic Panamanian Balboa Romanian leu

Panamanian Balboa romanian leu history for February 2024. The highest quote for this month is 4.7575 (13/02/2024) and the lowest 4.7414 (14/02/2024). The difference between high and low is 0.34.

PAB RON average rate for February 2024 is 4.6841, the change between 01/02/2024 and 29/02/2024 is +0.44 %.

01 February 20241 PAB = 4.718 RON
02 February 20241 PAB = 4.676 RON
03 February 20241 PAB = 4.607 RON
04 February 20241 PAB = 4.604 RON
05 February 20241 PAB = 4.669 RON
06 February 20241 PAB = 4.731 RON
07 February 20241 PAB = 4.728 RON
08 February 20241 PAB = 4.723 RON
09 February 20241 PAB = 4.720 RON
10 February 20241 PAB = 4.615 RON
11 February 20241 PAB = 4.614 RON
12 February 20241 PAB = 4.727 RON
13 February 20241 PAB = 4.725 RON
14 February 20241 PAB = 4.753 RON
15 February 20241 PAB = 4.742 RON
16 February 20241 PAB = 4.727 RON
17 February 20241 PAB = 4.615 RON
18 February 20241 PAB = 4.616 RON
19 February 20241 PAB = 4.730 RON
20 February 20241 PAB = 4.725 RON
21 February 20241 PAB = 4.706 RON
22 February 20241 PAB = 4.703 RON
23 February 20241 PAB = 4.698 RON
24 February 20241 PAB = 4.594 RON
25 February 20241 PAB = 4.596 RON
26 February 20241 PAB = 4.710 RON
27 February 20241 PAB = 4.686 RON
28 February 20241 PAB = 4.686 RON
29 February 20241 PAB = 4.697 RON

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

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.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
PAB RON August 2023
PAB RON September 2023
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PAB RON January 2024
PAB RON February 2024
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