Uruguayan peso panamanian balboa exchange rate history (UYU PAB) December 2023

Uruguayan peso panamanian balboa history for December 2023. The highest quote for this month is 0.025563 (02/12/2023) and the lowest 0.025563 (02/12/2023). The difference between high and low is 0.

UYU PAB average rate for December 2023 is 0.02526, the change between 01/12/2023 and 31/12/2023 is +0.27 %.

01 December 2023	1 UYU = 0.0253 PAB
02 December 2023	1 UYU = 0.0256 PAB
03 December 2023	1 UYU = 0.0256 PAB
04 December 2023	1 UYU = 0.0253 PAB
05 December 2023	1 UYU = 0.0253 PAB
06 December 2023	1 UYU = 0.0254 PAB
07 December 2023	1 UYU = 0.0253 PAB
08 December 2023	1 UYU = 0.0253 PAB
10 December 2023	1 UYU = 0.0256 PAB
11 December 2023	1 UYU = 0.0254 PAB
12 December 2023	1 UYU = 0.0253 PAB
13 December 2023	1 UYU = 0.0252 PAB
14 December 2023	1 UYU = 0.0252 PAB
15 December 2023	1 UYU = 0.0249 PAB
16 December 2023	1 UYU = 0.0252 PAB
17 December 2023	1 UYU = 0.0252 PAB
18 December 2023	1 UYU = 0.0248 PAB
19 December 2023	1 UYU = 0.0250 PAB
20 December 2023	1 UYU = 0.0251 PAB
21 December 2023	1 UYU = 0.0252 PAB
22 December 2023	1 UYU = 0.0252 PAB
23 December 2023	1 UYU = 0.0255 PAB
24 December 2023	1 UYU = 0.0254 PAB
25 December 2023	1 UYU = 0.0251 PAB
26 December 2023	1 UYU = 0.0251 PAB
27 December 2023	1 UYU = 0.0251 PAB
28 December 2023	1 UYU = 0.0253 PAB
29 December 2023	1 UYU = 0.0253 PAB

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.

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.

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.

01/10/1908: 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.