XTransfer
  • Products & Services
  • About Us
  • Help & Support
English
Create account
Dominican peso to Panamanian Balboa / US dollar Exchange Rate History - XTransfer

Dominican peso to Panamanian Balboa / US dollar Historical Exchange Rates

Welcome to the DOP to PAB exchange rate history page. This page contains detailed daily historical exchange rates between DOP and PAB from 2025-3-8 to 2026-02-24, making it easy to look up and reference.

Amount
Result

1 DOP = 0.0163905 PAB

00:30 Exchange Rate

advertisement banner

New users can receive up to 100 000 free foreign exchange quota

Get it for free now

1 Dominican peso to Panamanian Balboa / US dollar Historical Exchange Rate Trends

1 DOP = -- PAB

00:30 Exchange Rate

DOP - PAB+0%
7D
1M
3M
Invalid DateInvalid Date

1 Dominican peso to Panamanian Balboa / US dollar Data Statistics

This section organizes the historical exchange rate data of 1 DOP to PAB, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
0.0163905
0.0163905
0.0163905
0.0163905
Low
0.0163452
0.0158869
0.0158316
0.0155366
Average
0.0163679
0.016154
0.0160112
0.0158651

Past 7 days historical exchange rates

Below are the daily average exchange rates of DOP to PAB for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PAB to DOP, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

DOP to PAB - Last 7 Days

DOPDOPPABPAB
2026-02-24
0.0163905
DOPDOPPABPAB
2026-02-23
0.0163452
DOPDOPPABPAB
2026-02-22
0.0163452
DOPDOPPABPAB
2026-02-21
0.0163452
DOPDOPPABPAB
2026-02-20
0.0163066
DOPDOPPABPAB
2026-02-19
0.0162889
DOPDOPPABPAB
2026-02-18
0.0162427

PAB to DOP - Last 7 Days

PABPABDOPDOP
2026-02-24
61.0109515
PABPABDOPDOP
2026-02-23
61.1800406
PABPABDOPDOP
2026-02-22
61.1800406
PABPABDOPDOP
2026-02-21
61.1800406
PABPABDOPDOP
2026-02-20
61.3248623
PABPABDOPDOP
2026-02-19
61.3914997
PABPABDOPDOP
2026-02-18
61.5661189

DOPDOP - Dominican Peso

The Dominican peso was first issued shortly after the founding of the Republic in 1844 and has undergone several currency restructurings in the 20th century. The currency runs through multiple industrial chains, including tourism, agriculture and manufacturing, and is an important link in driving one of the largest economies in the Caribbean.

  • Supporting unit:No auxiliary currency units
  • Denomination of banknotes:20, 50, 100, 200, 500, 1000 DOP
  • Reserve currency:No, it is primarily used for domestic circulation.
  • Banknote material:The mixture of pulp and polymer has anti-counterfeiting properties.
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:RD$
  • Paper currency size:Multiple sizes, with the longest measuring approximately 160mm.
  • language:en
  • Main unit:1 peso
  • ISO code:DOP
  • Currency name:Dominican Peso
  • Exchange Rate System:Under a floating exchange rate system, the central bank intervenes moderately.
  • Central Bank:Central Bank of the Dominican Republic
  • Safe-haven currency:No, the exchange rate fluctuates significantly.
  • Coin denomination:1, 5, 10, 25, 50, 100 pesos
  • Countries of Use:Official currency of the Dominican Republic.
  • Cross-border payment:Relying on the SWIFT system for international remittances, using the US dollar as the primary currency for cross-border settlements.

PABPAB - Panamanian Balboa

The Balboa was issued in 1904 and has a fixed exchange rate with the U.S. dollar. As the national legal tender, the currency reflects the close connection between the Panamanian economy and the U.S. dollar.

  • Supporting unit:1 Balboa = 100 cents (Centésimos)
  • Denomination of banknotes:No, Papua has not issued any banknotes and actually uses U.S. dollar banknotes.
  • Reserve currency:There is no official reserve currency; the US dollar is the primary circulating and reserve currency.
  • Banknote material:No.
  • Metal composition:Copper-nickel alloy, nickel-copper alloy
  • Currency symbol:B./
  • Paper currency size:No.
  • language:en
  • Main unit:1. Baboya
  • ISO code:PAB
  • Currency name:Panama Baboa
  • Exchange Rate System:A fixed exchange rate system linked to the US dollar (1 PAB = 1 USD)
  • Central Bank:Panama has no central bank; its monetary policy is jointly maintained by the National Bank and the dollar system.
  • Safe-haven currency:No, the actual use of the US dollar as the mainstream safe-haven and transaction currency.
  • Coin denomination:1, 5, 10, 25, and 50 cents (Barbadian coins, equivalent to U.S. coins)
  • Countries of Use:Panama (in parallel circulation with the US dollar)
  • Cross-border payment:Panama primarily relies on the US dollar financial system and the SWIFT network for international payments, with a high degree of currency stability and international trade often settled in US dollars.

FAQ

What is the relationship between Dominican peso to Panamanian Balboa / US dollar exchange rate and remittance?

The actual amount received during remittance is directly affected by the DOP to PAB exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the DOP to PAB exchange rate can result in substantial changes in actual amounts.

Why are the Dominican peso to Panamanian Balboa / US dollar exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see DOP to PAB on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of Dominican peso to Panamanian Balboa / US dollar exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between DOP and PAB, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of Dominican peso to Panamanian Balboa / US dollar based on historical exchange rates?

Look at the charts of DOP to PAB over the past few months. If the trend is upward, it means DOP is appreciating and exchanging to PAB is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.