Historic Panamanian Balboa Tanzanian Shilling

Panamanian Balboa tanzanian shilling history for December 2023. The highest quote for this month is 2578.82 (20/12/2023) and the lowest 2591.16 (14/12/2023). The difference between high and low is -0.48.

PAB TZS average rate for December 2023 is 2545.27357, the change between 01/12/2023 and 31/12/2023 is +0.01 %.

01 December 20231 PAB = 2563.48 TZS
02 December 20231 PAB = 2509.00 TZS
03 December 20231 PAB = 2509.00 TZS
04 December 20231 PAB = 2516.73 TZS
05 December 20231 PAB = 2562.63 TZS
06 December 20231 PAB = 2559.18 TZS
07 December 20231 PAB = 2566.20 TZS
08 December 20231 PAB = 2562.55 TZS
10 December 20231 PAB = 2506.00 TZS
11 December 20231 PAB = 2516.95 TZS
12 December 20231 PAB = 2562.29 TZS
13 December 20231 PAB = 2560.32 TZS
14 December 20231 PAB = 2564.18 TZS
15 December 20231 PAB = 2574.77 TZS
16 December 20231 PAB = 2499.00 TZS
17 December 20231 PAB = 2499.00 TZS
18 December 20231 PAB = 2516.89 TZS
19 December 20231 PAB = 2563.87 TZS
20 December 20231 PAB = 2575.84 TZS
21 December 20231 PAB = 2573.71 TZS
22 December 20231 PAB = 2574.24 TZS
23 December 20231 PAB = 2509.00 TZS
24 December 20231 PAB = 2509.00 TZS
25 December 20231 PAB = 2526.91 TZS
26 December 20231 PAB = 2575.03 TZS
27 December 20231 PAB = 2573.29 TZS
28 December 20231 PAB = 2575.37 TZS
29 December 20231 PAB = 2563.23 TZS

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.

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.

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.