Abstract: The present invention provides a fence and shutter system for homes, buildings and the like. The fence and shutter system according to the instant invention includes a panel constructed and arranged to be utilized as a section of fence when connected to permanently mounted posts, or as a storm shutter when secured across an aperture of a building. The panels include a plurality of strikers or catches, mounted on the end portions thereof, that are arranged to cooperate with a plurality of releasable receivers or similar hardware mounted to the posts or the surface of a building structure. This construction permits the panels to be secured to the posts for constructing a fence or to the surface of a building for protecting the aperture from high winds and/or windborne debris.