Historic Panamanian Balboa Vanuatu vatu

Panamanian Balboa vanuatu vatu history for October 2023. The highest quote for this month is 125.07 (17/10/2023) and the lowest 124.84 (24/10/2023). The difference between high and low is 0.18.

PAB VUV average rate for October 2023 is 123.22708, the change between 01/10/2023 and 31/10/2023 is -3.07 %.

01 October 20231 PAB = 120.1 VUV
03 October 20231 PAB = 123.5 VUV
04 October 20231 PAB = 123.6 VUV
06 October 20231 PAB = 123.8 VUV
07 October 20231 PAB = 120.5 VUV
09 October 20231 PAB = 124.0 VUV
10 October 20231 PAB = 123.5 VUV
11 October 20231 PAB = 122.6 VUV
13 October 20231 PAB = 124.0 VUV
16 October 20231 PAB = 124.2 VUV
17 October 20231 PAB = 123.7 VUV
18 October 20231 PAB = 123.9 VUV
19 October 20231 PAB = 123.7 VUV
20 October 20231 PAB = 124.1 VUV
21 October 20231 PAB = 121.1 VUV
22 October 20231 PAB = 121.1 VUV
23 October 20231 PAB = 124.4 VUV
24 October 20231 PAB = 123.9 VUV
25 October 20231 PAB = 123.9 VUV
26 October 20231 PAB = 124.3 VUV
27 October 20231 PAB = 124.2 VUV
29 October 20231 PAB = 121.3 VUV
30 October 20231 PAB = 124.3 VUV
31 October 20231 PAB = 123.8 VUV

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.