Historic Panamanian Balboa Ukrainian hryvnia

Panamanian Balboa ukrainian hryvnia history for November 2023. The highest quote for this month is 36.955 (30/11/2023) and the lowest 36.942 (29/11/2023). The difference between high and low is 0.04.

PAB UAH average rate for November 2023 is 36.71315, the change between 01/11/2023 and 30/11/2023 is -0.34 %.

01 November 20231 PAB = 36.83 UAH
02 November 20231 PAB = 36.92 UAH
03 November 20231 PAB = 36.83 UAH
06 November 20231 PAB = 36.74 UAH
07 November 20231 PAB = 36.63 UAH
08 November 20231 PAB = 36.60 UAH
09 November 20231 PAB = 36.61 UAH
10 November 20231 PAB = 36.62 UAH
12 November 20231 PAB = 36.57 UAH
13 November 20231 PAB = 36.69 UAH
14 November 20231 PAB = 36.80 UAH
15 November 20231 PAB = 36.91 UAH
16 November 20231 PAB = 36.78 UAH
17 November 20231 PAB = 36.79 UAH
18 November 20231 PAB = 36.57 UAH
19 November 20231 PAB = 36.57 UAH
20 November 20231 PAB = 36.69 UAH
21 November 20231 PAB = 36.59 UAH
22 November 20231 PAB = 36.68 UAH
23 November 20231 PAB = 36.63 UAH
24 November 20231 PAB = 36.57 UAH
26 November 20231 PAB = 36.57 UAH
27 November 20231 PAB = 36.66 UAH
28 November 20231 PAB = 36.83 UAH
29 November 20231 PAB = 36.94 UAH
30 November 20231 PAB = 36.95 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.