Historic Panamanian Balboa United States dollar

Panamanian Balboa united states dollar history for November 2023. The highest quote for this month is 1.0246 (01/11/2023) and the lowest 1.0384 (15/11/2023). The difference between high and low is -1.35.

PAB USD average rate for November 2023 is 1.01886, the change between 01/11/2023 and 30/11/2023 is +0.07 %.

01 November 20231 PAB = 1.024 USD
06 November 20231 PAB = 1.033 USD
07 November 20231 PAB = 1.024 USD
08 November 20231 PAB = 1.025 USD
09 November 20231 PAB = 1.023 USD
10 November 20231 PAB = 1.024 USD
11 November 20231 PAB = 1.000 USD
12 November 20231 PAB = 1.000 USD
13 November 20231 PAB = 1.028 USD
14 November 20231 PAB = 1.023 USD
15 November 20231 PAB = 1.024 USD
16 November 20231 PAB = 1.023 USD
17 November 20231 PAB = 1.023 USD
18 November 20231 PAB = 1.000 USD
19 November 20231 PAB = 1.000 USD
20 November 20231 PAB = 1.029 USD
21 November 20231 PAB = 1.024 USD
22 November 20231 PAB = 1.024 USD
23 November 20231 PAB = 1.024 USD
25 November 20231 PAB = 1.000 USD
26 November 20231 PAB = 1.000 USD
27 November 20231 PAB = 1.027 USD
28 November 20231 PAB = 1.023 USD
29 November 20231 PAB = 1.024 USD
30 November 20231 PAB = 1.024 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.
PAB USD June 2023
PAB USD July 2023
PAB USD August 2023
PAB USD September 2023
PAB USD October 2023
PAB USD November 2023
PAB USD December 2023
PAB USD January 2024
PAB USD February 2024
PAB USD March 2024
PAB USD April 2024
PAB USD May 2024
PAB USD June 2024