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

Panamanian Balboa swiss franc history for October 2023. The highest quote for this month is 0.9453 (04/10/2023) and the lowest 0.9402 (03/10/2023). The difference between high and low is 0.54.

PAB CHF average rate for October 2023 is 0.92322, the change between 01/10/2023 and 31/10/2023 is -1.12 %.

01 October 2023	1 PAB = 0.9144 CHF
02 October 2023	1 PAB = 0.9356 CHF
03 October 2023	1 PAB = 0.9396 CHF
04 October 2023	1 PAB = 0.9431 CHF
05 October 2023	1 PAB = 0.9398 CHF
06 October 2023	1 PAB = 0.9374 CHF
09 October 2023	1 PAB = 0.9349 CHF
10 October 2023	1 PAB = 0.9271 CHF
11 October 2023	1 PAB = 0.9259 CHF
12 October 2023	1 PAB = 0.9226 CHF
13 October 2023	1 PAB = 0.9296 CHF
16 October 2023	1 PAB = 0.9241 CHF
17 October 2023	1 PAB = 0.9220 CHF
18 October 2023	1 PAB = 0.9231 CHF
19 October 2023	1 PAB = 0.9203 CHF
20 October 2023	1 PAB = 0.9138 CHF
22 October 2023	1 PAB = 0.8928 CHF
23 October 2023	1 PAB = 0.9165 CHF
24 October 2023	1 PAB = 0.9124 CHF
25 October 2023	1 PAB = 0.9145 CHF
26 October 2023	1 PAB = 0.9183 CHF
27 October 2023	1 PAB = 0.9205 CHF
29 October 2023	1 PAB = 0.9012 CHF
30 October 2023	1 PAB = 0.9263 CHF
31 October 2023	1 PAB = 0.9246 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