United States dollar panamanian balboa exchange rate history (USD PAB) January 2024

United States dollar panamanian balboa history for January 2024. The highest quote for this month is 1 (06/01/2024) and the lowest 1 (06/01/2024). The difference between high and low is 0.

USD PAB average rate for January 2024 is 0.98296, the change between 01/01/2024 and 31/01/2024 is +0.23 %.

01 January 2024	1 USD = 0.9792 PAB
02 January 2024	1 USD = 0.9801 PAB
03 January 2024	1 USD = 0.9775 PAB
04 January 2024	1 USD = 0.9763 PAB
05 January 2024	1 USD = 0.9771 PAB
06 January 2024	1 USD = 1.000 PAB
07 January 2024	1 USD = 1.000 PAB
08 January 2024	1 USD = 0.9744 PAB
09 January 2024	1 USD = 0.9766 PAB
10 January 2024	1 USD = 0.9768 PAB
11 January 2024	1 USD = 0.9771 PAB
12 January 2024	1 USD = 0.9774 PAB
13 January 2024	1 USD = 1.000 PAB
14 January 2024	1 USD = 1.000 PAB
15 January 2024	1 USD = 0.9758 PAB
16 January 2024	1 USD = 0.9761 PAB
17 January 2024	1 USD = 0.9785 PAB
18 January 2024	1 USD = 0.9770 PAB
19 January 2024	1 USD = 0.9770 PAB
20 January 2024	1 USD = 1.000 PAB
21 January 2024	1 USD = 1.000 PAB
22 January 2024	1 USD = 0.9762 PAB
23 January 2024	1 USD = 0.9767 PAB
24 January 2024	1 USD = 0.9765 PAB
25 January 2024	1 USD = 0.9769 PAB
26 January 2024	1 USD = 0.9775 PAB
27 January 2024	1 USD = 1.000 PAB
28 January 2024	1 USD = 1.000 PAB
29 January 2024	1 USD = 0.9779 PAB
30 January 2024	1 USD = 0.9764 PAB
31 January 2024	1 USD = 0.9769 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.