Historic Panamanian Balboa Samoan Tala

Panamanian Balboa samoan tala history for November 2023. The highest quote for this month is 2.8634 (01/11/2023) and the lowest 2.8635 (15/11/2023). The difference between high and low is 0.

PAB WST average rate for November 2023 is 2.77962, the change between 01/11/2023 and 30/11/2023 is +2.55 %.

01 November 20231 PAB = 2.862 WST
06 November 20231 PAB = 2.847 WST
07 November 20231 PAB = 2.744 WST
08 November 20231 PAB = 2.747 WST
09 November 20231 PAB = 2.841 WST
10 November 20231 PAB = 2.849 WST
11 November 20231 PAB = 2.681 WST
12 November 20231 PAB = 2.681 WST
13 November 20231 PAB = 2.755 WST
14 November 20231 PAB = 2.743 WST
15 November 20231 PAB = 2.825 WST
16 November 20231 PAB = 2.818 WST
17 November 20231 PAB = 2.825 WST
18 November 20231 PAB = 2.762 WST
19 November 20231 PAB = 2.762 WST
20 November 20231 PAB = 2.757 WST
21 November 20231 PAB = 2.744 WST
22 November 20231 PAB = 2.813 WST
23 November 20231 PAB = 2.818 WST
24 November 20231 PAB = 2.742 WST
26 November 20231 PAB = 2.681 WST
27 November 20231 PAB = 2.814 WST
28 November 20231 PAB = 2.799 WST
29 November 20231 PAB = 2.795 WST
30 November 20231 PAB = 2.790 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.