Historic United States dollar Panamanian Balboa

United States dollar panamanian balboa history for February 2024. The highest quote for this month is 1 (03/02/2024) and the lowest 1 (03/02/2024). The difference between high and low is 0.

USD PAB average rate for February 2024 is 0.98342, the change between 01/02/2024 and 29/02/2024 is +0.03 %.

01 February 20241 USD = 0.9752 PAB
02 February 20241 USD = 0.9766 PAB
03 February 20241 USD = 1.000 PAB
04 February 20241 USD = 1.000 PAB
05 February 20241 USD = 0.9860 PAB
06 February 20241 USD = 0.9779 PAB
07 February 20241 USD = 0.9774 PAB
08 February 20241 USD = 0.9770 PAB
09 February 20241 USD = 0.9774 PAB
10 February 20241 USD = 1.000 PAB
11 February 20241 USD = 1.000 PAB
12 February 20241 USD = 0.9760 PAB
13 February 20241 USD = 0.9767 PAB
14 February 20241 USD = 0.9768 PAB
15 February 20241 USD = 0.9767 PAB
16 February 20241 USD = 0.9764 PAB
17 February 20241 USD = 1.000 PAB
18 February 20241 USD = 1.000 PAB
19 February 20241 USD = 0.9769 PAB
20 February 20241 USD = 0.9766 PAB
21 February 20241 USD = 0.9769 PAB
22 February 20241 USD = 0.9768 PAB
23 February 20241 USD = 0.9774 PAB
24 February 20241 USD = 1.000 PAB
25 February 20241 USD = 1.000 PAB
26 February 20241 USD = 0.9761 PAB
27 February 20241 USD = 0.9768 PAB
28 February 20241 USD = 0.9766 PAB
29 February 20241 USD = 0.9749 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.
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