Historic Panamanian Balboa Thai baht

Panamanian Balboa thai baht history for December 2023. The highest quote for this month is 36.669 (13/12/2023) and the lowest 36.433 (13/12/2023). The difference between high and low is 0.64.

PAB THB average rate for December 2023 is 35.46724, the change between 01/12/2023 and 31/12/2023 is +4.6 %.

01 December 20231 PAB = 36.08 THB
02 December 20231 PAB = 34.84 THB
03 December 20231 PAB = 34.84 THB
04 December 20231 PAB = 35.52 THB
05 December 20231 PAB = 36.03 THB
06 December 20231 PAB = 36.07 THB
07 December 20231 PAB = 36.01 THB
08 December 20231 PAB = 35.92 THB
10 December 20231 PAB = 35.45 THB
11 December 20231 PAB = 36.24 THB
12 December 20231 PAB = 36.50 THB
13 December 20231 PAB = 36.50 THB
14 December 20231 PAB = 35.92 THB
15 December 20231 PAB = 35.71 THB
16 December 20231 PAB = 34.84 THB
17 December 20231 PAB = 34.84 THB
18 December 20231 PAB = 35.58 THB
19 December 20231 PAB = 35.76 THB
20 December 20231 PAB = 35.67 THB
21 December 20231 PAB = 35.77 THB
22 December 20231 PAB = 35.50 THB
23 December 20231 PAB = 34.54 THB
24 December 20231 PAB = 34.49 THB
25 December 20231 PAB = 35.15 THB
26 December 20231 PAB = 35.27 THB
27 December 20231 PAB = 35.21 THB
28 December 20231 PAB = 34.99 THB
29 December 20231 PAB = 34.90 THB
31 December 20231 PAB = 34.42 THB

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

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.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

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.
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