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European Union Euroo to Panamanian Balboa / US dollar Exchange Rate History - XTransfer

European Union Euroo to Panamanian Balboa / US dollar Historical Exchange Rates

Welcome to the EUR to PAB exchange rate history page. This page contains detailed daily historical exchange rates between EUR and PAB from 2025-3-8 to 2026-05-08, making it easy to look up and reference.

Amount
Result

1 EUR = 1.17495 PAB

01:31 Exchange Rate

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1 European Union Euroo to Panamanian Balboa / US dollar Historical Exchange Rate Trends

1 EUR = -- PAB

01:31 Exchange Rate

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

1 European Union Euroo to Panamanian Balboa / US dollar Data Statistics

This section organizes the historical exchange rate data of 1 EUR 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
1.17495
1.17535
1.1804
1.1914
Low
1.17495
1.16585
1.16585
1.14165
Average
1.17495
1.17139
1.17289
1.16804

Past 7 days historical exchange rates

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

EUR to PAB - Last 7 Days

EUREURPABPAB
2026-05-08
1.17495
EUREURPABPAB
2026-05-07
1.17535
EUREURPABPAB
2026-05-06
1.16995
EUREURPABPAB
2026-05-05
1.16915
EUREURPABPAB
2026-05-04
1.1727
EUREURPABPAB
2026-05-03
1.1721
EUREURPABPAB
2026-05-02
1.1721

PAB to EUR - Last 7 Days

PABPABEUREUR
2026-05-08
0.8511
PABPABEUREUR
2026-05-07
0.85081
PABPABEUREUR
2026-05-06
0.85474
PABPABEUREUR
2026-05-05
0.85532
PABPABEUREUR
2026-05-04
0.8527
PABPABEUREUR
2026-05-03
0.8532
PABPABEUREUR
2026-05-02
0.8532

EUREUR - Euro

The euro was officially issued in 1999. As the unified currency of multiple EU countries, it has greatly promoted regional economic integration. The euro is not only the world's second largest reserve currency, but also has a significant influence on international trade and financial markets, promoting the prosperity of the EU internal market.

  • Supporting unit:1 Euro = 100 cents
  • Denomination of banknotes:5, 10, 20, 50, 100, 200, 500 euros
  • Reserve currency:Yes, the euro is the world's second-largest reserve currency.
  • Banknote material:Cotton fiber paper features a complex anti-counterfeiting design.
  • Metal composition:The euro is categorized into copper-clad steel and nickel-brass, as well as bimetal varieties.
  • Currency symbol:
  • Paper currency size:Ranging from 120mm × 62mm (€5) to 160mm × 82mm (€500).
  • language:en
  • Main unit:1 Euro
  • ISO code:EUR
  • Currency name:Euro
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:European Central Bank (ECB)
  • Safe-haven currency:Yes, it has a certain hedging attribute.
  • Coin denomination:1, 2, 5, 10, 20, 50 euro cents; 1, 2 euros
  • Countries of Use:The Eurozone comprises 20 member countries, including Germany, France, Italy, Spain, the Netherlands, Belgium, and others, as well as certain non-EU countries or regions such as Vatican City, Monaco, and Kosovo.
  • Cross-border payment:The Eurozone is highly integrated, with SEPA and SWIFT used concurrently, enabling fast and low-cost cross-border transfers that are widely used in international trade and financial transactions.

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 European Union Euroo to Panamanian Balboa / US dollar, is now a good time to exchange?

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

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

The core factor affecting the historical volatility of European Union Euroo 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 EUR 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 EUR, thereby intensifying the frequency of two-way volatility between European Union Euroo and Panamanian Balboa / US dollar.

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

Historically, European Union Euroo 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 European Union Euroo 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 EUR to PAB within an acceptable trade cost range.

Is the current exchange rate of European Union Euroo to Panamanian Balboa / US dollar considered a historical high or low?

To evaluate the current level of EUR 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 European Union Euroo is approaching a historical resistance level. If the current EUR price has broken through highs from years ago, it indicates that EUR is at an extreme high; exchanging European Union Euroo 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 European Union Euroo to Panamanian Balboa / US dollar?

AI predictions for EUR to PAB are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of EUR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for European Union Euroo 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.