Historic Panamanian Balboa Tanzanian Shilling

Panamanian Balboa tanzanian shilling history for November 2023. The highest quote for this month is 2576.05 (14/11/2023) and the lowest 2593.92 (15/11/2023). The difference between high and low is -0.69.

PAB TZS average rate for November 2023 is 2544.83615, the change between 01/11/2023 and 30/11/2023 is -0.13 %.

01 November 20231 PAB = 2560.52 TZS
02 November 20231 PAB = 2559.43 TZS
03 November 20231 PAB = 2562.11 TZS
06 November 20231 PAB = 2509.96 TZS
07 November 20231 PAB = 2564.50 TZS
08 November 20231 PAB = 2559.92 TZS
09 November 20231 PAB = 2571.35 TZS
10 November 20231 PAB = 2557.83 TZS
12 November 20231 PAB = 2494.00 TZS
13 November 20231 PAB = 2512.04 TZS
14 November 20231 PAB = 2562.95 TZS
15 November 20231 PAB = 2565.80 TZS
16 November 20231 PAB = 2562.15 TZS
17 November 20231 PAB = 2562.51 TZS
18 November 20231 PAB = 2492.00 TZS
19 November 20231 PAB = 2492.00 TZS
20 November 20231 PAB = 2509.80 TZS
21 November 20231 PAB = 2557.33 TZS
22 November 20231 PAB = 2564.91 TZS
23 November 20231 PAB = 2564.33 TZS
24 November 20231 PAB = 2562.01 TZS
26 November 20231 PAB = 2497.00 TZS
27 November 20231 PAB = 2528.93 TZS
28 November 20231 PAB = 2563.13 TZS
29 November 20231 PAB = 2565.27 TZS
30 November 20231 PAB = 2563.96 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.