Historic United States dollar Panamanian Balboa

United States dollar panamanian balboa history since 28/03/2024 until today (0 years). Search for USD to PAB exchange rate history for a particular date, month or year.

is the currency (supplied by Federal Reserve Bank and the currency supplied by National Bank of Panama. The USD PAB historical data can be seen on the United States dollar panamanian balboa historical chart.

29 February 20241 USD = 0.9749 PAB
01 March 20241 USD = 0.9773 PAB
02 March 20241 USD = 1.000 PAB
03 March 20241 USD = 1.000 PAB
04 March 20241 USD = 0.9737 PAB
05 March 20241 USD = 0.9773 PAB
06 March 20241 USD = 0.9772 PAB
07 March 20241 USD = 0.9770 PAB
08 March 20241 USD = 0.9727 PAB
09 March 20241 USD = 1.000 PAB
10 March 20241 USD = 1.000 PAB
11 March 20241 USD = 0.9762 PAB
12 March 20241 USD = 1.000 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.