Historic Panamanian Balboa Singapore dollar

Panamanian Balboa singapore dollar history for January 2024. The highest quote for this month is 1.3774 (18/01/2024) and the lowest 1.3758 (18/01/2024). The difference between high and low is 0.12.

PAB SGD average rate for January 2024 is 1.35795, the change between 01/01/2024 and 31/01/2024 is -1.78 %.

01 January 20241 PAB = 1.347 SGD
02 January 20241 PAB = 1.346 SGD
03 January 20241 PAB = 1.357 SGD
04 January 20241 PAB = 1.361 SGD
05 January 20241 PAB = 1.361 SGD
06 January 20241 PAB = 1.329 SGD
07 January 20241 PAB = 1.329 SGD
08 January 20241 PAB = 1.365 SGD
09 January 20241 PAB = 1.360 SGD
10 January 20241 PAB = 1.363 SGD
11 January 20241 PAB = 1.362 SGD
12 January 20241 PAB = 1.360 SGD
13 January 20241 PAB = 1.331 SGD
14 January 20241 PAB = 1.332 SGD
15 January 20241 PAB = 1.365 SGD
16 January 20241 PAB = 1.367 SGD
17 January 20241 PAB = 1.372 SGD
18 January 20241 PAB = 1.376 SGD
19 January 20241 PAB = 1.375 SGD
20 January 20241 PAB = 1.340 SGD
21 January 20241 PAB = 1.340 SGD
22 January 20241 PAB = 1.373 SGD
23 January 20241 PAB = 1.374 SGD
24 January 20241 PAB = 1.373 SGD
25 January 20241 PAB = 1.371 SGD
26 January 20241 PAB = 1.371 SGD
27 January 20241 PAB = 1.341 SGD
28 January 20241 PAB = 1.341 SGD
29 January 20241 PAB = 1.372 SGD
30 January 20241 PAB = 1.372 SGD
31 January 20241 PAB = 1.371 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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