Historic Panamanian Balboa Sri Lankan rupee

Panamanian Balboa sri lankan rupee history for January 2024. The highest quote for this month is 328.2 (05/01/2024) and the lowest 328.15 (01/01/2024). The difference between high and low is 0.02.

PAB LKR average rate for January 2024 is 325.2104, the change between 01/01/2024 and 31/01/2024 is +2.09 %.

01 January 20241 PAB = 328.2 LKR
02 January 20241 PAB = 328.2 LKR
03 January 20241 PAB = 326.3 LKR
04 January 20241 PAB = 327.3 LKR
05 January 20241 PAB = 327.2 LKR
06 January 20241 PAB = 321.6 LKR
08 January 20241 PAB = 328.2 LKR
09 January 20241 PAB = 326.9 LKR
10 January 20241 PAB = 326.9 LKR
11 January 20241 PAB = 327.3 LKR
12 January 20241 PAB = 327.0 LKR
13 January 20241 PAB = 321.4 LKR
15 January 20241 PAB = 326.6 LKR
16 January 20241 PAB = 326.6 LKR
17 January 20241 PAB = 325.9 LKR
18 January 20241 PAB = 325.3 LKR
19 January 20241 PAB = 325.5 LKR
22 January 20241 PAB = 324.7 LKR
23 January 20241 PAB = 324.4 LKR
24 January 20241 PAB = 324.3 LKR
25 January 20241 PAB = 322.7 LKR
26 January 20241 PAB = 322.7 LKR
29 January 20241 PAB = 321.9 LKR
30 January 20241 PAB = 322.2 LKR
31 January 20241 PAB = 321.3 LKR

16/12/2016: Demonetization of 50 Rupee Note

The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.

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.

01/01/2010: Decimalization of Rupee

The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.

17/08/2005: Series of New Banknotes

A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.

01/06/2001: Introduction of 10 Rupee Coin

The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.

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.

01/07/1977: Floating Exchange Rate

Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.

22/05/1972: Ceylon becomes Sri Lanka

The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).

22/06/1966: Introduction of the Ceylon Rupee

The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.

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 LKR January 2024
PAB LKR February 2024
PAB LKR March 2024
PAB LKR April 2024
PAB LKR May 2024
PAB LKR June 2024
PAB LKR July 2024
PAB LKR August 2024
PAB LKR September 2024
PAB LKR October 2024
PAB LKR November 2024
PAB LKR December 2024
PAB LKR January 2025