Historic Panamanian Balboa Singapore dollar

Panamanian Balboa singapore dollar history for November 2023. The highest quote for this month is 1.4058 (01/11/2023) and the lowest 1.4014 (01/11/2023). The difference between high and low is 0.31.

PAB SGD average rate for November 2023 is 1.375, the change between 01/11/2023 and 30/11/2023 is +2.73 %.

01 November 20231 PAB = 1.402 SGD
02 November 20231 PAB = 1.400 SGD
03 November 20231 PAB = 1.400 SGD
06 November 20231 PAB = 1.398 SGD
07 November 20231 PAB = 1.383 SGD
08 November 20231 PAB = 1.388 SGD
09 November 20231 PAB = 1.387 SGD
10 November 20231 PAB = 1.393 SGD
11 November 20231 PAB = 1.360 SGD
12 November 20231 PAB = 1.360 SGD
13 November 20231 PAB = 1.398 SGD
14 November 20231 PAB = 1.390 SGD
15 November 20231 PAB = 1.382 SGD
16 November 20231 PAB = 1.381 SGD
17 November 20231 PAB = 1.378 SGD
18 November 20231 PAB = 1.343 SGD
19 November 20231 PAB = 1.343 SGD
20 November 20231 PAB = 1.382 SGD
21 November 20231 PAB = 1.369 SGD
22 November 20231 PAB = 1.370 SGD
23 November 20231 PAB = 1.374 SGD
24 November 20231 PAB = 1.371 SGD
25 November 20231 PAB = 1.340 SGD
26 November 20231 PAB = 1.340 SGD
27 November 20231 PAB = 1.376 SGD
28 November 20231 PAB = 1.367 SGD
29 November 20231 PAB = 1.362 SGD
30 November 20231 PAB = 1.364 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.