Historic Panamanian Balboa Russian ruble

Panamanian Balboa russian ruble history for January 2024. The highest quote for this month is 94.481 (04/01/2024) and the lowest 93.326 (08/01/2024). The difference between high and low is 1.22.

PAB RUB average rate for January 2024 is 91.11597, the change between 01/01/2024 and 31/01/2024 is -0.83 %.

01 January 20241 PAB = 91.11 RUB
02 January 20241 PAB = 91.02 RUB
03 January 20241 PAB = 92.48 RUB
04 January 20241 PAB = 94.20 RUB
05 January 20241 PAB = 93.46 RUB
06 January 20241 PAB = 90.85 RUB
07 January 20241 PAB = 90.85 RUB
08 January 20241 PAB = 93.28 RUB
09 January 20241 PAB = 93.07 RUB
10 January 20241 PAB = 93.05 RUB
11 January 20241 PAB = 93.02 RUB
12 January 20241 PAB = 91.97 RUB
14 January 20241 PAB = 87.94 RUB
15 January 20241 PAB = 92.12 RUB
16 January 20241 PAB = 92.09 RUB
17 January 20241 PAB = 89.88 RUB
18 January 20241 PAB = 90.71 RUB
19 January 20241 PAB = 90.71 RUB
20 January 20241 PAB = 88.15 RUB
21 January 20241 PAB = 88.15 RUB
22 January 20241 PAB = 91.60 RUB
23 January 20241 PAB = 90.09 RUB
24 January 20241 PAB = 90.11 RUB
25 January 20241 PAB = 90.79 RUB
26 January 20241 PAB = 90.03 RUB
27 January 20241 PAB = 89.73 RUB
28 January 20241 PAB = 89.78 RUB
29 January 20241 PAB = 89.99 RUB
30 January 20241 PAB = 91.43 RUB
31 January 20241 PAB = 91.87 RUB

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.

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.

01/10/1908: 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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