Panamanian Balboa ukrainian hryvnia exchange rate history (PAB UAH) October 2023

Panamanian Balboa ukrainian hryvnia history for October 2023. The highest quote for this month is 37.537 (02/10/2023) and the lowest 37.33 (02/10/2023). The difference between high and low is 0.55.

PAB UAH average rate for October 2023 is 37.03941, the change between 01/10/2023 and 31/10/2023 is -1.15 %.

01 October 2023	1 PAB = 36.57 UAH
02 October 2023	1 PAB = 37.53 UAH
03 October 2023	1 PAB = 37.33 UAH
04 October 2023	1 PAB = 37.25 UAH
05 October 2023	1 PAB = 37.25 UAH
06 October 2023	1 PAB = 37.22 UAH
07 October 2023	1 PAB = 36.57 UAH
09 October 2023	1 PAB = 37.25 UAH
10 October 2023	1 PAB = 37.14 UAH
11 October 2023	1 PAB = 37.07 UAH
12 October 2023	1 PAB = 37.08 UAH
13 October 2023	1 PAB = 37.03 UAH
16 October 2023	1 PAB = 36.96 UAH
17 October 2023	1 PAB = 36.96 UAH
18 October 2023	1 PAB = 37.11 UAH
19 October 2023	1 PAB = 37.21 UAH
20 October 2023	1 PAB = 37.20 UAH
21 October 2023	1 PAB = 36.57 UAH
22 October 2023	1 PAB = 36.57 UAH
23 October 2023	1 PAB = 37.12 UAH
24 October 2023	1 PAB = 37.16 UAH
25 October 2023	1 PAB = 37.16 UAH
26 October 2023	1 PAB = 37.12 UAH
27 October 2023	1 PAB = 37.08 UAH
29 October 2023	1 PAB = 36.57 UAH
30 October 2023	1 PAB = 37.00 UAH
31 October 2023	1 PAB = 36.99 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.

Historic Panamanian Balboa Ukrainian hryvnia