Historic Panamanian Balboa Singapore dollar

Panamanian Balboa singapore dollar history for October 2023. The highest quote for this month is 1.4084 (04/10/2023) and the lowest 1.4076 (20/10/2023). The difference between high and low is 0.06.

PAB SGD average rate for October 2023 is 1.39437, the change between 01/10/2023 and 31/10/2023 is -2.4 %.

01 October 20231 PAB = 1.366 SGD
02 October 20231 PAB = 1.397 SGD
03 October 20231 PAB = 1.406 SGD
04 October 20231 PAB = 1.407 SGD
05 October 20231 PAB = 1.407 SGD
06 October 20231 PAB = 1.405 SGD
07 October 20231 PAB = 1.365 SGD
08 October 20231 PAB = 1.365 SGD
09 October 20231 PAB = 1.405 SGD
10 October 20231 PAB = 1.398 SGD
11 October 20231 PAB = 1.395 SGD
12 October 20231 PAB = 1.395 SGD
13 October 20231 PAB = 1.402 SGD
16 October 20231 PAB = 1.402 SGD
17 October 20231 PAB = 1.401 SGD
18 October 20231 PAB = 1.403 SGD
19 October 20231 PAB = 1.406 SGD
20 October 20231 PAB = 1.406 SGD
21 October 20231 PAB = 1.372 SGD
22 October 20231 PAB = 1.372 SGD
23 October 20231 PAB = 1.408 SGD
24 October 20231 PAB = 1.400 SGD
25 October 20231 PAB = 1.401 SGD
26 October 20231 PAB = 1.405 SGD
27 October 20231 PAB = 1.402 SGD
28 October 20231 PAB = 1.370 SGD
29 October 20231 PAB = 1.370 SGD
30 October 20231 PAB = 1.406 SGD
31 October 20231 PAB = 1.399 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
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