Historic Panamanian Balboa Vietnamese dong

Panamanian Balboa vietnamese dong history for January 2024. The highest quote for this month is 25170.9 (24/01/2024) and the lowest 25149.8 (26/01/2024). The difference between high and low is 0.08.

PAB VND average rate for January 2024 is 24942.17037, the change between 01/01/2024 and 31/01/2024 is -0.8 %.

01 January 20241 PAB = 24774.30 VND
02 January 20241 PAB = 24751.90 VND
03 January 20241 PAB = 24884.80 VND
04 January 20241 PAB = 24962.00 VND
05 January 20241 PAB = 24931.90 VND
06 January 20241 PAB = 24370.00 VND
07 January 20241 PAB = 24370.00 VND
08 January 20241 PAB = 25009.80 VND
09 January 20241 PAB = 24912.10 VND
10 January 20241 PAB = 24938.10 VND
11 January 20241 PAB = 24977.30 VND
12 January 20241 PAB = 25040.60 VND
14 January 20241 PAB = 24490.00 VND
15 January 20241 PAB = 25097.70 VND
16 January 20241 PAB = 25068.30 VND
17 January 20241 PAB = 25038.70 VND
18 January 20241 PAB = 25076.80 VND
19 January 20241 PAB = 25122.50 VND
22 January 20241 PAB = 25137.10 VND
23 January 20241 PAB = 25134.60 VND
24 January 20241 PAB = 25155.50 VND
25 January 20241 PAB = 25181.30 VND
26 January 20241 PAB = 25171.10 VND
28 January 20241 PAB = 24595.00 VND
29 January 20241 PAB = 25151.80 VND
30 January 20241 PAB = 25122.70 VND
31 January 20241 PAB = 24972.70 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.