Historic Panamanian Balboa Ukrainian hryvnia

Panamanian Balboa ukrainian hryvnia history for January 2024. The highest quote for this month is 38.864 (08/01/2024) and the lowest 38.839 (09/01/2024). The difference between high and low is 0.06.

PAB UAH average rate for January 2024 is 38.40122, the change between 01/01/2024 and 31/01/2024 is +0.5 %.

01 January 20241 PAB = 38.63 UAH
02 January 20241 PAB = 38.63 UAH
03 January 20241 PAB = 38.75 UAH
04 January 20241 PAB = 38.73 UAH
05 January 20241 PAB = 38.64 UAH
06 January 20241 PAB = 38.04 UAH
07 January 20241 PAB = 38.04 UAH
08 January 20241 PAB = 38.70 UAH
09 January 20241 PAB = 38.86 UAH
10 January 20241 PAB = 38.77 UAH
11 January 20241 PAB = 38.81 UAH
12 January 20241 PAB = 38.49 UAH
14 January 20241 PAB = 38.00 UAH
15 January 20241 PAB = 38.46 UAH
16 January 20241 PAB = 38.55 UAH
17 January 20241 PAB = 38.53 UAH
18 January 20241 PAB = 38.48 UAH
19 January 20241 PAB = 38.27 UAH
22 January 20241 PAB = 38.12 UAH
23 January 20241 PAB = 38.02 UAH
24 January 20241 PAB = 38.08 UAH
25 January 20241 PAB = 38.06 UAH
26 January 20241 PAB = 38.22 UAH
28 January 20241 PAB = 37.58 UAH
29 January 20241 PAB = 38.45 UAH
30 January 20241 PAB = 38.51 UAH
31 January 20241 PAB = 38.43 UAH

02/03/2020: COVID-19 impact

The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.

05/02/2015: Currency devaluation

Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.

20/02/2014: Ukrainian revolution

The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.

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.

01/07/2008: Exchange rate flexibility

Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.

01/10/2004: Banknote redesign

New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.

02/09/1996: Currency reform

A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.

02/09/1992: Introduction of the Ukrainian Hryvnia

The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.

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.
PAB UAH July 2023
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