Historic Swiss franc Panamanian Balboa

Swiss franc panamanian balboa history for January 2024. The highest quote for this month is 1.1748 (14/01/2024) and the lowest 1.1756 (14/01/2024). The difference between high and low is -0.07.

CHF PAB average rate for January 2024 is 1.1432, the change between 01/01/2024 and 31/01/2024 is +2.69 %.

01 January 20241 CHF = 1.165 PAB
02 January 20241 CHF = 1.164 PAB
03 January 20241 CHF = 1.150 PAB
04 January 20241 CHF = 1.150 PAB
05 January 20241 CHF = 1.150 PAB
08 January 20241 CHF = 1.145 PAB
09 January 20241 CHF = 1.152 PAB
10 January 20241 CHF = 1.146 PAB
11 January 20241 CHF = 1.149 PAB
12 January 20241 CHF = 1.149 PAB
14 January 20241 CHF = 1.175 PAB
15 January 20241 CHF = 1.144 PAB
16 January 20241 CHF = 1.140 PAB
17 January 20241 CHF = 1.136 PAB
18 January 20241 CHF = 1.130 PAB
19 January 20241 CHF = 1.126 PAB
21 January 20241 CHF = 1.152 PAB
22 January 20241 CHF = 1.124 PAB
23 January 20241 CHF = 1.124 PAB
24 January 20241 CHF = 1.123 PAB
25 January 20241 CHF = 1.132 PAB
26 January 20241 CHF = 1.128 PAB
27 January 20241 CHF = 1.158 PAB
28 January 20241 CHF = 1.158 PAB
29 January 20241 CHF = 1.132 PAB
30 January 20241 CHF = 1.134 PAB
31 January 20241 CHF = 1.133 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