Historic Panamanian Balboa Thai baht

Panamanian Balboa thai baht history for January 2024. The highest quote for this month is 36.697 (24/01/2024) and the lowest 36.46 (25/01/2024). The difference between high and low is 0.65.

PAB THB average rate for January 2024 is 35.77111, the change between 01/01/2024 and 31/01/2024 is -2.95 %.

01 January 20241 PAB = 35.15 THB
02 January 20241 PAB = 35.02 THB
03 January 20241 PAB = 35.00 THB
04 January 20241 PAB = 35.28 THB
05 January 20241 PAB = 35.30 THB
06 January 20241 PAB = 34.68 THB
07 January 20241 PAB = 34.62 THB
08 January 20241 PAB = 35.55 THB
09 January 20241 PAB = 35.78 THB
10 January 20241 PAB = 35.74 THB
11 January 20241 PAB = 35.83 THB
12 January 20241 PAB = 35.80 THB
14 January 20241 PAB = 34.91 THB
15 January 20241 PAB = 35.81 THB
16 January 20241 PAB = 35.82 THB
17 January 20241 PAB = 36.16 THB
18 January 20241 PAB = 36.41 THB
19 January 20241 PAB = 36.37 THB
21 January 20241 PAB = 35.50 THB
22 January 20241 PAB = 36.39 THB
23 January 20241 PAB = 36.43 THB
24 January 20241 PAB = 36.50 THB
25 January 20241 PAB = 36.55 THB
26 January 20241 PAB = 36.55 THB
28 January 20241 PAB = 35.56 THB
29 January 20241 PAB = 36.41 THB
30 January 20241 PAB = 36.29 THB
31 January 20241 PAB = 36.19 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.
PAB THB July 2023
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PAB THB January 2024
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