Historic Panamanian Balboa United States dollar

Panamanian Balboa united states dollar history since 29/03/2024 until today (0 years). Search for PAB to USD exchange rate history for a particular date, month or year.

is the currency (supplied by National Bank of Panama and the currency supplied by Federal Reserve Bank. The PAB USD historical data can be seen on the Panamanian Balboa united states dollar historical chart.

29 February 20241 PAB = 1.026 USD
01 March 20241 PAB = 1.023 USD
02 March 20241 PAB = 1.000 USD
03 March 20241 PAB = 1.000 USD
04 March 20241 PAB = 1.027 USD
05 March 20241 PAB = 1.023 USD
06 March 20241 PAB = 1.023 USD
07 March 20241 PAB = 1.024 USD
08 March 20241 PAB = 1.028 USD
09 March 20241 PAB = 1.000 USD
10 March 20241 PAB = 1.000 USD
11 March 20241 PAB = 1.024 USD
12 March 20241 PAB = 1.000 USD

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.