Panamanian Balboa swiss franc exchange rate history (PAB CHF) November 2023

Panamanian Balboa swiss franc history for November 2023. The highest quote for this month is 0.9331 (01/11/2023) and the lowest 0.9294 (01/11/2023). The difference between high and low is 0.4.

PAB CHF average rate for November 2023 is 0.91015, the change between 01/11/2023 and 30/11/2023 is +4.07 %.

01 November 2023	1 PAB = 0.9318 CHF
02 November 2023	1 PAB = 0.9278 CHF
03 November 2023	1 PAB = 0.9294 CHF
06 November 2023	1 PAB = 0.9284 CHF
07 November 2023	1 PAB = 0.9206 CHF
08 November 2023	1 PAB = 0.9223 CHF
09 November 2023	1 PAB = 0.9200 CHF
10 November 2023	1 PAB = 0.9248 CHF
12 November 2023	1 PAB = 0.9014 CHF
13 November 2023	1 PAB = 0.9269 CHF
14 November 2023	1 PAB = 0.9221 CHF
15 November 2023	1 PAB = 0.9107 CHF
16 November 2023	1 PAB = 0.9073 CHF
17 November 2023	1 PAB = 0.9089 CHF
18 November 2023	1 PAB = 0.8850 CHF
19 November 2023	1 PAB = 0.8854 CHF
20 November 2023	1 PAB = 0.9113 CHF
21 November 2023	1 PAB = 0.9054 CHF
22 November 2023	1 PAB = 0.9043 CHF
23 November 2023	1 PAB = 0.9053 CHF
24 November 2023	1 PAB = 0.9046 CHF
26 November 2023	1 PAB = 0.8819 CHF
27 November 2023	1 PAB = 0.9059 CHF
28 November 2023	1 PAB = 0.9004 CHF
29 November 2023	1 PAB = 0.8980 CHF
30 November 2023	1 PAB = 0.8939 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.

Historic Panamanian Balboa Swiss franc