Historic Panamanian Balboa Uruguayan peso

Panamanian Balboa uruguayan peso history for September 2023. The highest quote for this month is 38.817 (29/09/2023) and the lowest 38.65 (29/09/2023). The difference between high and low is 0.43.

PAB UYU average rate for September 2023 is 38.33771, the change between 01/09/2023 and 30/09/2023 is -0.82 %.

01 September 20231 PAB = 38.13 UYU
04 September 20231 PAB = 38.02 UYU
05 September 20231 PAB = 37.93 UYU
06 September 20231 PAB = 37.94 UYU
07 September 20231 PAB = 38.10 UYU
08 September 20231 PAB = 38.23 UYU
11 September 20231 PAB = 38.22 UYU
12 September 20231 PAB = 38.37 UYU
13 September 20231 PAB = 38.48 UYU
14 September 20231 PAB = 38.42 UYU
15 September 20231 PAB = 38.61 UYU
18 September 20231 PAB = 38.64 UYU
19 September 20231 PAB = 38.50 UYU
20 September 20231 PAB = 38.41 UYU
21 September 20231 PAB = 38.49 UYU
22 September 20231 PAB = 38.49 UYU
23 September 20231 PAB = 38.05 UYU
24 September 20231 PAB = 38.05 UYU
25 September 20231 PAB = 38.41 UYU
26 September 20231 PAB = 38.41 UYU
27 September 20231 PAB = 38.48 UYU
28 September 20231 PAB = 38.65 UYU
29 September 20231 PAB = 38.65 UYU
30 September 20231 PAB = 38.45 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.