Egypt 
Ghana 
Kenya 
Nigeria 
South Africa 
Uganda 
Australia 
Bangladesh 
Bhutan 
China 
Hong Kong 
India 
Indonesia 
Japan 
Malaysia 
Nepal 
New Zealand 
Pakistan 
Philippines 
Singapore 
South Korea 
Sri Lanka 
Thailand 
Vietnam 
Austria 
Belgium 
Bulgaria 
Croatia 
Cyprus 
Czech Republic 
Denmark 
Estonia 
Finland 
France 
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Italy 
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Lithuania 
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Poland 
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Romania 
San Marino 
Slovakia 
Slovenia 
Spain 
Sweden 
Switzerland 
Turkey 
United Kingdom 
Argentina 
Brazil 
Canada 
Chile 
Colombia 
Dominican Republic 
Guatemala 
Mexico 
Peru 
United States of America 
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PAB - Panamanian Balboa currency
Panama
The Panamanian Balboa (PAB) is the official currency of Panama, alongside the United States Dollar (USD). Introduced in 1904, the balboa replaced the Colombian Peso when Panama gained independence. The PAB is pegged to the USD at a 1:1 exchange rate, and Panama does not issue its own paper currency—U.S. Dollar banknotes circulate freely. However, the country does issue balboa coins, which are used interchangeably with U.S. coins. Named after the Spanish explorer Vasco Núñez de Balboa, the currency is subdivided into 100 centésimos. Due to its dollarized economy, Panama benefits from monetary stability and low inflation.
PAB - Panamanian Balboa profile
Symbol
B/.
ISO 4217 Code
PAB
Central Bank
No central bank (USD used for paper currency)
Nicknames
-
Countries using this currency
Panama (alongside USD)
PAB - Panamanian Balboa live currency rates
| Currency | Rate | Change |
|---|---|---|
| AUD / INR | ||
| CAD / INR | ||
| EUR / INR | ||
| GBP / INR | ||
| MYR / INR | ||
| MYR / SGD | ||
| SGD / INR | ||
| SGD / MYR | ||
| USD / INR | ||
| USD / NPR |
Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.