Historic Panamanian Balboa Uruguayan peso

Panamanian Balboa uruguayan peso history for February 2024. The highest quote for this month is 39.591 (12/02/2024) and the lowest 39.598 (15/02/2024). The difference between high and low is -0.02.

PAB UYU average rate for February 2024 is 39.32907, the change between 01/02/2024 and 29/02/2024 is -0.03 %.

01 February 20241 PAB = 39.42 UYU
02 February 20241 PAB = 39.47 UYU
03 February 20241 PAB = 39.07 UYU
04 February 20241 PAB = 39.07 UYU
05 February 20241 PAB = 39.53 UYU
06 February 20241 PAB = 39.45 UYU
07 February 20241 PAB = 39.43 UYU
08 February 20241 PAB = 39.52 UYU
09 February 20241 PAB = 39.52 UYU
12 February 20241 PAB = 39.45 UYU
13 February 20241 PAB = 39.59 UYU
14 February 20241 PAB = 39.54 UYU
15 February 20241 PAB = 39.54 UYU
16 February 20241 PAB = 39.54 UYU
17 February 20241 PAB = 39.10 UYU
18 February 20241 PAB = 39.10 UYU
19 February 20241 PAB = 39.56 UYU
20 February 20241 PAB = 39.48 UYU
21 February 20241 PAB = 39.48 UYU
22 February 20241 PAB = 39.45 UYU
23 February 20241 PAB = 39.43 UYU
24 February 20241 PAB = 38.48 UYU
25 February 20241 PAB = 38.48 UYU
26 February 20241 PAB = 39.47 UYU
27 February 20241 PAB = 38.83 UYU
28 February 20241 PAB = 39.44 UYU
29 February 20241 PAB = 39.43 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.