Historic Panamanian Balboa Thai baht

Panamanian Balboa thai baht history for September 2023. The highest quote for this month is 37.576 (28/09/2023) and the lowest 37.433 (28/09/2023). The difference between high and low is 0.38.

PAB THB average rate for September 2023 is 36.60878, the change between 01/09/2023 and 30/09/2023 is -1.64 %.

01 September 20231 PAB = 35.82 THB
04 September 20231 PAB = 35.76 THB
05 September 20231 PAB = 36.07 THB
06 September 20231 PAB = 36.24 THB
07 September 20231 PAB = 36.43 THB
08 September 20231 PAB = 36.50 THB
11 September 20231 PAB = 36.39 THB
12 September 20231 PAB = 36.40 THB
13 September 20231 PAB = 36.43 THB
14 September 20231 PAB = 36.58 THB
15 September 20231 PAB = 36.64 THB
18 September 20231 PAB = 36.63 THB
19 September 20231 PAB = 36.52 THB
20 September 20231 PAB = 36.87 THB
21 September 20231 PAB = 37.08 THB
22 September 20231 PAB = 36.97 THB
23 September 20231 PAB = 36.02 THB
25 September 20231 PAB = 36.97 THB
26 September 20231 PAB = 37.03 THB
27 September 20231 PAB = 37.28 THB
28 September 20231 PAB = 37.52 THB
29 September 20231 PAB = 37.45 THB
30 September 20231 PAB = 36.41 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.