Historic Panamanian Balboa Uruguayan peso

Panamanian Balboa uruguayan peso history for August 2023. The highest quote for this month is 38.864 (17/08/2023) and the lowest 38.461 (08/08/2023). The difference between high and low is 1.04.

PAB UYU average rate for August 2023 is 38.1882, the change between 01/08/2023 and 31/08/2023 is +0.1 %.

01 August 20231 PAB = 38.07 UYU
02 August 20231 PAB = 38.00 UYU
03 August 20231 PAB = 37.76 UYU
04 August 20231 PAB = 37.83 UYU
07 August 20231 PAB = 38.20 UYU
08 August 20231 PAB = 38.61 UYU
09 August 20231 PAB = 38.41 UYU
10 August 20231 PAB = 38.40 UYU
11 August 20231 PAB = 38.64 UYU
12 August 20231 PAB = 37.79 UYU
14 August 20231 PAB = 38.29 UYU
15 August 20231 PAB = 38.13 UYU
16 August 20231 PAB = 38.22 UYU
17 August 20231 PAB = 38.86 UYU
18 August 20231 PAB = 38.86 UYU
20 August 20231 PAB = 37.73 UYU
21 August 20231 PAB = 38.18 UYU
22 August 20231 PAB = 38.07 UYU
23 August 20231 PAB = 38.18 UYU
24 August 20231 PAB = 38.16 UYU
25 August 20231 PAB = 38.17 UYU
28 August 20231 PAB = 38.05 UYU
29 August 20231 PAB = 38.03 UYU
30 August 20231 PAB = 38.03 UYU
31 August 20231 PAB = 38.04 UYU

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.

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.