Historic Panamanian Balboa Samoan Tala

Panamanian Balboa samoan tala history for January 2024. The highest quote for this month is 2.805 (23/01/2024) and the lowest 2.8091 (18/01/2024). The difference between high and low is -0.15.

PAB WST average rate for January 2024 is 2.75232, the change between 01/01/2024 and 31/01/2024 is -0.22 %.

01 January 20241 PAB = 2.737 WST
02 January 20241 PAB = 2.743 WST
03 January 20241 PAB = 2.765 WST
04 January 20241 PAB = 2.745 WST
05 January 20241 PAB = 2.743 WST
06 January 20241 PAB = 2.680 WST
07 January 20241 PAB = 2.680 WST
08 January 20241 PAB = 2.750 WST
09 January 20241 PAB = 2.744 WST
10 January 20241 PAB = 2.744 WST
11 January 20241 PAB = 2.743 WST
12 January 20241 PAB = 2.742 WST
14 January 20241 PAB = 2.680 WST
15 January 20241 PAB = 2.746 WST
16 January 20241 PAB = 2.745 WST
17 January 20241 PAB = 2.794 WST
18 January 20241 PAB = 2.805 WST
19 January 20241 PAB = 2.743 WST
22 January 20241 PAB = 2.802 WST
23 January 20241 PAB = 2.806 WST
24 January 20241 PAB = 2.808 WST
25 January 20241 PAB = 2.801 WST
26 January 20241 PAB = 2.742 WST
28 January 20241 PAB = 2.680 WST
29 January 20241 PAB = 2.801 WST
30 January 20241 PAB = 2.801 WST
31 January 20241 PAB = 2.743 WST

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.