Historic Polish Zloty Panamanian Balboa

Polish Zloty panamanian balboa history for February 2024. The highest quote for this month is 0.25155 (24/02/2024) and the lowest 0.25295 (03/02/2024). The difference between high and low is -0.56.

PLN PAB average rate for February 2024 is 0.24533, the change between 01/02/2024 and 29/02/2024 is -0.53 %.

01 February 20241 PLN = 0.2435 PAB
02 February 20241 PLN = 0.2462 PAB
03 February 20241 PLN = 0.2503 PAB
04 February 20241 PLN = 0.2503 PAB
05 February 20241 PLN = 0.2468 PAB
06 February 20241 PLN = 0.2421 PAB
07 February 20241 PLN = 0.2420 PAB
08 February 20241 PLN = 0.2425 PAB
09 February 20241 PLN = 0.2437 PAB
11 February 20241 PLN = 0.2491 PAB
12 February 20241 PLN = 0.2438 PAB
13 February 20241 PLN = 0.2442 PAB
14 February 20241 PLN = 0.2412 PAB
15 February 20241 PLN = 0.2416 PAB
16 February 20241 PLN = 0.2424 PAB
18 February 20241 PLN = 0.2486 PAB
19 February 20241 PLN = 0.2429 PAB
20 February 20241 PLN = 0.2433 PAB
21 February 20241 PLN = 0.2449 PAB
22 February 20241 PLN = 0.2449 PAB
23 February 20241 PLN = 0.2447 PAB
24 February 20241 PLN = 0.2516 PAB
25 February 20241 PLN = 0.2514 PAB
26 February 20241 PLN = 0.2452 PAB
27 February 20241 PLN = 0.2460 PAB
28 February 20241 PLN = 0.2460 PAB
29 February 20241 PLN = 0.2448 PAB

03/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused significant fluctuations in the value of the Polish Zloty, influenced by global economic uncertainties and shocks to foreign trade.

17/11/2014: National Bank of Poland Intervention

The National Bank of Poland intervened in the currency market to weaken the Polish Zloty, aiming to stimulate exports and counter deflationary pressures.

01/04/2011: Poland Joins the ERM II

Poland's participation in the European Exchange Rate Mechanism II aimed to facilitate converging towards the Euro and maintaining stability for the Polish Zloty.

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.

27/10/2008: Global Financial Crisis

The global financial crisis had repercussions on the Polish Zloty, with the currency experiencing devaluation and higher volatility due to market uncertainty.

01/05/2004: Poland's EU Accession

Poland's accession to the European Union had a profound impact on the Polish Zloty, as it became subject to EU regulations and influenced by the Eurozone.

04/06/1989: Fall of Communism in Poland

The end of communist rule in Poland led to significant economic and currency reforms, including a stabilization program that strengthened the Polish Zloty.

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.

01/01/1950: Introduction of the Polish Zloty

The Polish Zloty was introduced as the official currency of Poland, replacing the old Polish currency. It played a crucial role in rebuilding the post-war economy.

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.