Historic Thai baht Panamanian Balboa

Thai baht panamanian balboa history for January 2024. The highest quote for this month is 0.028835 (07/01/2024) and the lowest 0.02907 (06/01/2024). The difference between high and low is -0.81.

THB PAB average rate for January 2024 is 0.02796, the change between 01/01/2024 and 31/01/2024 is +2.87 %.

01 January 20241 THB = 0.0285 PAB
02 January 20241 THB = 0.0286 PAB
03 January 20241 THB = 0.0286 PAB
04 January 20241 THB = 0.0283 PAB
05 January 20241 THB = 0.0283 PAB
06 January 20241 THB = 0.0288 PAB
07 January 20241 THB = 0.0289 PAB
08 January 20241 THB = 0.0281 PAB
09 January 20241 THB = 0.0280 PAB
10 January 20241 THB = 0.0280 PAB
11 January 20241 THB = 0.0279 PAB
12 January 20241 THB = 0.0279 PAB
14 January 20241 THB = 0.0286 PAB
15 January 20241 THB = 0.0279 PAB
16 January 20241 THB = 0.0279 PAB
17 January 20241 THB = 0.0277 PAB
18 January 20241 THB = 0.0275 PAB
19 January 20241 THB = 0.0275 PAB
21 January 20241 THB = 0.0282 PAB
22 January 20241 THB = 0.0275 PAB
23 January 20241 THB = 0.0275 PAB
24 January 20241 THB = 0.0274 PAB
25 January 20241 THB = 0.0274 PAB
26 January 20241 THB = 0.0274 PAB
28 January 20241 THB = 0.0281 PAB
29 January 20241 THB = 0.0275 PAB
30 January 20241 THB = 0.0276 PAB
31 January 20241 THB = 0.0276 PAB

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

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.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

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.
THB PAB January 2024
THB PAB February 2024
THB PAB March 2024
THB PAB April 2024
THB PAB May 2024
THB PAB June 2024
THB PAB July 2024
THB PAB August 2024
THB PAB September 2024
THB PAB October 2024
THB PAB November 2024
THB PAB December 2024
THB PAB January 2025