Historic Singapore dollar Panamanian Balboa

Singapore dollar panamanian balboa history for February 2024. The highest quote for this month is 0.74516 (03/02/2024) and the lowest 0.74549 (04/02/2024). The difference between high and low is -0.04.

SGD PAB average rate for February 2024 is 0.73149, the change between 01/02/2024 and 29/02/2024 is +0.45 %.

01 February 20241 SGD = 0.7275 PAB
02 February 20241 SGD = 0.7307 PAB
03 February 20241 SGD = 0.7452 PAB
04 February 20241 SGD = 0.7454 PAB
05 February 20241 SGD = 0.7339 PAB
06 February 20241 SGD = 0.7260 PAB
07 February 20241 SGD = 0.7274 PAB
08 February 20241 SGD = 0.7273 PAB
09 February 20241 SGD = 0.7257 PAB
10 February 20241 SGD = 0.7428 PAB
11 February 20241 SGD = 0.7434 PAB
12 February 20241 SGD = 0.7256 PAB
13 February 20241 SGD = 0.7263 PAB
14 February 20241 SGD = 0.7230 PAB
15 February 20241 SGD = 0.7247 PAB
16 February 20241 SGD = 0.7256 PAB
17 February 20241 SGD = 0.7431 PAB
18 February 20241 SGD = 0.7428 PAB
19 February 20241 SGD = 0.7261 PAB
20 February 20241 SGD = 0.7254 PAB
21 February 20241 SGD = 0.7271 PAB
22 February 20241 SGD = 0.7268 PAB
23 February 20241 SGD = 0.7281 PAB
24 February 20241 SGD = 0.7444 PAB
25 February 20241 SGD = 0.7447 PAB
26 February 20241 SGD = 0.7266 PAB
27 February 20241 SGD = 0.7266 PAB
28 February 20241 SGD = 0.7267 PAB
29 February 20241 SGD = 0.7243 PAB

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.