Historic Swiss franc Panamanian Balboa

Swiss franc panamanian balboa history for February 2024. The highest quote for this month is 1.1549 (04/02/2024) and the lowest 1.1556 (04/02/2024). The difference between high and low is -0.06.

CHF PAB average rate for February 2024 is 1.12058, the change between 01/02/2024 and 29/02/2024 is +1.89 %.

01 February 20241 CHF = 1.131 PAB
02 February 20241 CHF = 1.139 PAB
04 February 20241 CHF = 1.155 PAB
05 February 20241 CHF = 1.137 PAB
06 February 20241 CHF = 1.123 PAB
07 February 20241 CHF = 1.124 PAB
08 February 20241 CHF = 1.118 PAB
09 February 20241 CHF = 1.119 PAB
10 February 20241 CHF = 1.144 PAB
11 February 20241 CHF = 1.144 PAB
12 February 20241 CHF = 1.117 PAB
13 February 20241 CHF = 1.115 PAB
14 February 20241 CHF = 1.101 PAB
15 February 20241 CHF = 1.104 PAB
16 February 20241 CHF = 1.110 PAB
19 February 20241 CHF = 1.109 PAB
20 February 20241 CHF = 1.106 PAB
21 February 20241 CHF = 1.108 PAB
22 February 20241 CHF = 1.111 PAB
23 February 20241 CHF = 1.111 PAB
24 February 20241 CHF = 1.136 PAB
25 February 20241 CHF = 1.137 PAB
26 February 20241 CHF = 1.108 PAB
27 February 20241 CHF = 1.110 PAB
28 February 20241 CHF = 1.111 PAB
29 February 20241 CHF = 1.109 PAB

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

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.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
CHF PAB January 2024
CHF PAB February 2024
CHF PAB March 2024
CHF PAB April 2024
CHF PAB May 2024
CHF PAB June 2024
CHF PAB July 2024
CHF PAB August 2024
CHF PAB September 2024
CHF PAB October 2024
CHF PAB November 2024
CHF PAB December 2024
CHF PAB January 2025