Panamanian Balboa somali shilling history for February 2024. The highest quote for this month is 581.76 (15/02/2024) and the lowest 584.81 (02/02/2024). The difference between high and low is -0.52.
PAB SOS average rate for February 2024 is 581.51524, the change between 01/02/2024 and 29/02/2024 is -0.03 %.
| 01 February 2024 | 1 PAB = 582.5 SOS |
| 02 February 2024 | 1 PAB = 581.6 SOS |
| 05 February 2024 | 1 PAB = 575.0 SOS |
| 06 February 2024 | 1 PAB = 579.8 SOS |
| 07 February 2024 | 1 PAB = 581.1 SOS |
| 08 February 2024 | 1 PAB = 581.4 SOS |
| 09 February 2024 | 1 PAB = 581.2 SOS |
| 12 February 2024 | 1 PAB = 582.0 SOS |
| 13 February 2024 | 1 PAB = 581.6 SOS |
| 14 February 2024 | 1 PAB = 581.5 SOS |
| 15 February 2024 | 1 PAB = 581.6 SOS |
| 16 February 2024 | 1 PAB = 584.8 SOS |
| 19 February 2024 | 1 PAB = 584.5 SOS |
| 20 February 2024 | 1 PAB = 581.6 SOS |
| 21 February 2024 | 1 PAB = 581.4 SOS |
| 22 February 2024 | 1 PAB = 581.5 SOS |
| 23 February 2024 | 1 PAB = 581.2 SOS |
| 26 February 2024 | 1 PAB = 581.9 SOS |
| 27 February 2024 | 1 PAB = 581.5 SOS |
| 28 February 2024 | 1 PAB = 581.6 SOS |
| 29 February 2024 | 1 PAB = 582.7 SOS |
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.