Historic Panamanian Balboa Swiss franc

Panamanian Balboa swiss franc history for January 2024. The highest quote for this month is 0.89308 (23/01/2024) and the lowest 0.88809 (22/01/2024). The difference between high and low is 0.56.

PAB CHF average rate for January 2024 is 0.87487, the change between 01/01/2024 and 31/01/2024 is -2.76 %.

01 January 20241 PAB = 0.8586 CHF
02 January 20241 PAB = 0.8590 CHF
03 January 20241 PAB = 0.8697 CHF
04 January 20241 PAB = 0.8695 CHF
05 January 20241 PAB = 0.8700 CHF
08 January 20241 PAB = 0.8731 CHF
09 January 20241 PAB = 0.8682 CHF
10 January 20241 PAB = 0.8726 CHF
11 January 20241 PAB = 0.8704 CHF
12 January 20241 PAB = 0.8707 CHF
14 January 20241 PAB = 0.8508 CHF
15 January 20241 PAB = 0.8745 CHF
16 January 20241 PAB = 0.8769 CHF
17 January 20241 PAB = 0.8802 CHF
18 January 20241 PAB = 0.8847 CHF
19 January 20241 PAB = 0.8885 CHF
21 January 20241 PAB = 0.8684 CHF
22 January 20241 PAB = 0.8896 CHF
23 January 20241 PAB = 0.8898 CHF
24 January 20241 PAB = 0.8905 CHF
25 January 20241 PAB = 0.8834 CHF
26 January 20241 PAB = 0.8868 CHF
27 January 20241 PAB = 0.8637 CHF
28 January 20241 PAB = 0.8637 CHF
29 January 20241 PAB = 0.8837 CHF
30 January 20241 PAB = 0.8821 CHF
31 January 20241 PAB = 0.8823 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 July 2023
PAB CHF August 2023
PAB CHF September 2023
PAB CHF October 2023
PAB CHF November 2023
PAB CHF December 2023
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