Historic Panamanian Balboa Uruguayan peso

Panamanian Balboa uruguayan peso history for January 2024. The highest quote for this month is 39.818 (11/01/2024) and the lowest 39.766 (15/01/2024). The difference between high and low is 0.13.

PAB UYU average rate for January 2024 is 39.45541, the change between 01/01/2024 and 31/01/2024 is +0.07 %.

01 January 20241 PAB = 39.39 UYU
02 January 20241 PAB = 39.39 UYU
03 January 20241 PAB = 39.42 UYU
04 January 20241 PAB = 39.38 UYU
05 January 20241 PAB = 39.46 UYU
06 January 20241 PAB = 39.22 UYU
07 January 20241 PAB = 39.22 UYU
08 January 20241 PAB = 39.53 UYU
09 January 20241 PAB = 39.60 UYU
10 January 20241 PAB = 39.70 UYU
11 January 20241 PAB = 39.72 UYU
12 January 20241 PAB = 39.82 UYU
14 January 20241 PAB = 39.39 UYU
15 January 20241 PAB = 39.71 UYU
16 January 20241 PAB = 39.77 UYU
17 January 20241 PAB = 39.76 UYU
18 January 20241 PAB = 39.51 UYU
19 January 20241 PAB = 39.64 UYU
22 January 20241 PAB = 39.66 UYU
23 January 20241 PAB = 39.73 UYU
24 January 20241 PAB = 39.42 UYU
25 January 20241 PAB = 39.10 UYU
26 January 20241 PAB = 39.05 UYU
28 January 20241 PAB = 38.95 UYU
29 January 20241 PAB = 39.07 UYU
30 January 20241 PAB = 39.33 UYU
31 January 20241 PAB = 39.36 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.