Historic Panamanian Balboa Vietnamese dong

Panamanian Balboa vietnamese dong history for February 2024. The highest quote for this month is 25258.8 (26/02/2024) and the lowest 25234 (29/02/2024). The difference between high and low is 0.1.

PAB VND average rate for February 2024 is 24923.86296, the change between 01/02/2024 and 29/02/2024 is -0.87 %.

01 February 20241 PAB = 25036.50 VND
02 February 20241 PAB = 24984.20 VND
03 February 20241 PAB = 24335.00 VND
04 February 20241 PAB = 24335.00 VND
05 February 20241 PAB = 24680.20 VND
06 February 20241 PAB = 24921.50 VND
07 February 20241 PAB = 24918.20 VND
08 February 20241 PAB = 24975.30 VND
09 February 20241 PAB = 24964.80 VND
12 February 20241 PAB = 24999.40 VND
13 February 20241 PAB = 24982.10 VND
14 February 20241 PAB = 24978.60 VND
15 February 20241 PAB = 24982.60 VND
16 February 20241 PAB = 25042.20 VND
17 February 20241 PAB = 24510.00 VND
18 February 20241 PAB = 24510.00 VND
19 February 20241 PAB = 25090.90 VND
20 February 20241 PAB = 25117.20 VND
21 February 20241 PAB = 25103.80 VND
22 February 20241 PAB = 25107.30 VND
23 February 20241 PAB = 25159.20 VND
24 February 20241 PAB = 24630.00 VND
25 February 20241 PAB = 24630.00 VND
26 February 20241 PAB = 25234.30 VND
27 February 20241 PAB = 25246.30 VND
28 February 20241 PAB = 25214.70 VND
29 February 20241 PAB = 25255.00 VND

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.