Historic Panamanian Balboa Swiss franc

Panamanian Balboa swiss franc history for February 2024. The highest quote for this month is 0.9084 (13/02/2024) and the lowest 0.906 (14/02/2024). The difference between high and low is 0.26.

PAB CHF average rate for February 2024 is 0.89255, the change between 01/02/2024 and 29/02/2024 is -1.93 %.

01 February 20241 PAB = 0.8843 CHF
02 February 20241 PAB = 0.8782 CHF
04 February 20241 PAB = 0.8659 CHF
05 February 20241 PAB = 0.8793 CHF
06 February 20241 PAB = 0.8904 CHF
07 February 20241 PAB = 0.8896 CHF
08 February 20241 PAB = 0.8945 CHF
09 February 20241 PAB = 0.8937 CHF
10 February 20241 PAB = 0.8745 CHF
11 February 20241 PAB = 0.8741 CHF
12 February 20241 PAB = 0.8956 CHF
13 February 20241 PAB = 0.8967 CHF
14 February 20241 PAB = 0.9085 CHF
15 February 20241 PAB = 0.9062 CHF
16 February 20241 PAB = 0.9011 CHF
19 February 20241 PAB = 0.9015 CHF
20 February 20241 PAB = 0.9039 CHF
21 February 20241 PAB = 0.9026 CHF
22 February 20241 PAB = 0.9001 CHF
23 February 20241 PAB = 0.9003 CHF
24 February 20241 PAB = 0.8806 CHF
25 February 20241 PAB = 0.8797 CHF
26 February 20241 PAB = 0.9029 CHF
27 February 20241 PAB = 0.9008 CHF
28 February 20241 PAB = 0.8998 CHF
29 February 20241 PAB = 0.9014 CHF

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

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.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
PAB CHF January 2024
PAB CHF February 2024
PAB CHF March 2024
PAB CHF April 2024
PAB CHF May 2024
PAB CHF June 2024
PAB CHF July 2024
PAB CHF August 2024
PAB CHF September 2024
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PAB CHF November 2024
PAB CHF December 2024
PAB CHF January 2025