Swiss franc panamanian balboa exchange rate history (CHF PAB) November 2023

Swiss franc panamanian balboa history for November 2023. The highest quote for this month is 1.1337 (26/11/2023) and the lowest 1.1347 (26/11/2023). The difference between high and low is -0.09.

CHF PAB average rate for November 2023 is 1.099, the change between 01/11/2023 and 30/11/2023 is -4.24 %.

01 November 2023	1 CHF = 1.073 PAB
02 November 2023	1 CHF = 1.078 PAB
03 November 2023	1 CHF = 1.076 PAB
06 November 2023	1 CHF = 1.077 PAB
07 November 2023	1 CHF = 1.086 PAB
08 November 2023	1 CHF = 1.084 PAB
09 November 2023	1 CHF = 1.087 PAB
10 November 2023	1 CHF = 1.081 PAB
12 November 2023	1 CHF = 1.109 PAB
13 November 2023	1 CHF = 1.079 PAB
14 November 2023	1 CHF = 1.085 PAB
15 November 2023	1 CHF = 1.098 PAB
16 November 2023	1 CHF = 1.102 PAB
17 November 2023	1 CHF = 1.100 PAB
18 November 2023	1 CHF = 1.130 PAB
19 November 2023	1 CHF = 1.129 PAB
20 November 2023	1 CHF = 1.097 PAB
21 November 2023	1 CHF = 1.105 PAB
22 November 2023	1 CHF = 1.106 PAB
23 November 2023	1 CHF = 1.105 PAB
24 November 2023	1 CHF = 1.106 PAB
26 November 2023	1 CHF = 1.134 PAB
27 November 2023	1 CHF = 1.104 PAB
28 November 2023	1 CHF = 1.111 PAB
29 November 2023	1 CHF = 1.114 PAB
30 November 2023	1 CHF = 1.119 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.

Historic Swiss franc Panamanian Balboa