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

Swiss franc panamanian balboa history for October 2023. The highest quote for this month is 1.1197 (22/10/2023) and the lowest 1.1232 (22/10/2023). The difference between high and low is -0.31.

CHF PAB average rate for October 2023 is 1.08334, the change between 01/10/2023 and 31/10/2023 is +1.11 %.

01 October 2023	1 CHF = 1.094 PAB
02 October 2023	1 CHF = 1.069 PAB
03 October 2023	1 CHF = 1.064 PAB
04 October 2023	1 CHF = 1.060 PAB
05 October 2023	1 CHF = 1.064 PAB
06 October 2023	1 CHF = 1.067 PAB
09 October 2023	1 CHF = 1.070 PAB
10 October 2023	1 CHF = 1.079 PAB
11 October 2023	1 CHF = 1.080 PAB
12 October 2023	1 CHF = 1.084 PAB
13 October 2023	1 CHF = 1.076 PAB
16 October 2023	1 CHF = 1.082 PAB
17 October 2023	1 CHF = 1.085 PAB
18 October 2023	1 CHF = 1.083 PAB
19 October 2023	1 CHF = 1.087 PAB
20 October 2023	1 CHF = 1.094 PAB
22 October 2023	1 CHF = 1.120 PAB
23 October 2023	1 CHF = 1.091 PAB
24 October 2023	1 CHF = 1.096 PAB
25 October 2023	1 CHF = 1.094 PAB
26 October 2023	1 CHF = 1.089 PAB
27 October 2023	1 CHF = 1.086 PAB
29 October 2023	1 CHF = 1.110 PAB
30 October 2023	1 CHF = 1.080 PAB
31 October 2023	1 CHF = 1.082 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