Polish Zloty panamanian balboa exchange rate history (PLN PAB) October 2023

Polish Zloty panamanian balboa history for October 2023. The highest quote for this month is 0.23776 (21/10/2023) and the lowest 0.23802 (22/10/2023). The difference between high and low is -0.11.

PLN PAB average rate for October 2023 is 0.22998, the change between 01/10/2023 and 31/10/2023 is -1.7 %.

01 October 2023	1 PLN = 0.2289 PAB
02 October 2023	1 PLN = 0.2239 PAB
03 October 2023	1 PLN = 0.2218 PAB
04 October 2023	1 PLN = 0.2209 PAB
05 October 2023	1 PLN = 0.2226 PAB
06 October 2023	1 PLN = 0.2231 PAB
07 October 2023	1 PLN = 0.2313 PAB
09 October 2023	1 PLN = 0.2245 PAB
10 October 2023	1 PLN = 0.2265 PAB
11 October 2023	1 PLN = 0.2284 PAB
12 October 2023	1 PLN = 0.2293 PAB
13 October 2023	1 PLN = 0.2267 PAB
16 October 2023	1 PLN = 0.2306 PAB
17 October 2023	1 PLN = 0.2317 PAB
18 October 2023	1 PLN = 0.2334 PAB
19 October 2023	1 PLN = 0.2313 PAB
20 October 2023	1 PLN = 0.2323 PAB
21 October 2023	1 PLN = 0.2378 PAB
22 October 2023	1 PLN = 0.2377 PAB
23 October 2023	1 PLN = 0.2316 PAB
24 October 2023	1 PLN = 0.2338 PAB
25 October 2023	1 PLN = 0.2319 PAB
26 October 2023	1 PLN = 0.2306 PAB
27 October 2023	1 PLN = 0.2318 PAB
28 October 2023	1 PLN = 0.2370 PAB
29 October 2023	1 PLN = 0.2369 PAB
30 October 2023	1 PLN = 0.2306 PAB
31 October 2023	1 PLN = 0.2328 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.

Historic Polish Zloty Panamanian Balboa