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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 2026-04-16, making it easy to look up and reference.

Amount
Result

1 DOP = 0.0166808 PAB

12:30 Exchange Rate

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

1 DOP = -- PAB

12:30 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
0.0166808
0.0167384
0.0169228
0.0169228
Low
0.0166808
0.0164372
0.0164372
0.0157578
Average
0.0166808
0.0165773
0.016641
0.0163332

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
2026-04-16
0.0166808
DOPDOPPABPAB
2026-04-15
0.0167151
DOPDOPPABPAB
2026-04-14
0.0167384
DOPDOPPABPAB
2026-04-13
0.0166792
DOPDOPPABPAB
2026-04-12
0.0166792
DOPDOPPABPAB
2026-04-11
0.0166792
DOPDOPPABPAB
2026-04-10
0.0166421

PAB to DOP - Last 7 Days

PABPABDOPDOP
2026-04-16
59.9491631
PABPABDOPDOP
2026-04-15
59.8261452
PABPABDOPDOP
2026-04-14
59.7428667
PABPABDOPDOP
2026-04-13
59.9549139
PABPABDOPDOP
2026-04-12
59.9549139
PABPABDOPDOP
2026-04-11
59.9549139
PABPABDOPDOP
2026-04-10
60.0885706

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

Based on the historical patterns of Dominican peso to Panamanian Balboa / US dollar, is now a good time to exchange?

To judge the timing for exchanging Dominican peso to Panamanian Balboa / US dollar, one must compare current rates with the average over the past year or even five years. If the current Dominican peso rate is well above the historical average, it usually means DOP is in a strong period, making it a good window for settlement into PAB. Conversely, if Dominican peso is at a historical low, it is recommended for exporters to hold DOP in batches and avoid the troughs to minimize losses when converting to PAB.

What are the main reasons affecting the historical volatility of DOP to PAB recently?

The core factor affecting the historical volatility of Dominican peso to Panamanian Balboa / US dollar recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of DOP tends to increase, leading to a significant rise in its historical exchange rate against PAB. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for DOP, thereby intensifying the frequency of two-way volatility between Dominican peso and Panamanian Balboa / US dollar.

Has DOP experienced a sharp plunge against PAB before? How can I protect myself?

Historically, Dominican peso against Panamanian Balboa / US dollar has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Dominican peso exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of DOP to PAB within an acceptable trade cost range.

Is the current exchange rate of Dominican peso to Panamanian Balboa / US dollar considered a historical high or low?

To evaluate the current level of DOP to PAB, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Dominican peso is approaching a historical resistance level. If the current DOP price has broken through highs from years ago, it indicates that DOP is at an extreme high; exchanging Dominican peso to Panamanian Balboa / US dollar now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Dominican peso to Panamanian Balboa / US dollar?

AI predictions for DOP to PAB are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of DOP through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Dominican peso to Panamanian Balboa / US dollar should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
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.