Historic Panamanian Balboa Thai baht

Panamanian Balboa thai baht history for February 2024. The highest quote for this month is 37.06 (15/02/2024) and the lowest 36.94 (16/02/2024). The difference between high and low is 0.32.

PAB THB average rate for February 2024 is 36.46968, the change between 01/02/2024 and 29/02/2024 is -1.17 %.

01 February 20241 PAB = 36.45 THB
02 February 20241 PAB = 36.14 THB
03 February 20241 PAB = 35.55 THB
04 February 20241 PAB = 35.53 THB
05 February 20241 PAB = 36.08 THB
06 February 20241 PAB = 36.57 THB
07 February 20241 PAB = 36.37 THB
08 February 20241 PAB = 36.32 THB
09 February 20241 PAB = 36.66 THB
11 February 20241 PAB = 35.90 THB
12 February 20241 PAB = 36.75 THB
13 February 20241 PAB = 36.73 THB
14 February 20241 PAB = 36.92 THB
15 February 20241 PAB = 36.92 THB
16 February 20241 PAB = 36.91 THB
17 February 20241 PAB = 35.98 THB
18 February 20241 PAB = 36.15 THB
19 February 20241 PAB = 36.80 THB
20 February 20241 PAB = 36.99 THB
21 February 20241 PAB = 36.83 THB
22 February 20241 PAB = 36.69 THB
23 February 20241 PAB = 36.76 THB
24 February 20241 PAB = 35.90 THB
25 February 20241 PAB = 36.04 THB
26 February 20241 PAB = 36.82 THB
27 February 20241 PAB = 36.79 THB
28 February 20241 PAB = 36.74 THB
29 February 20241 PAB = 36.88 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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