Indian rupee to Panamanian Balboa / US dollar Historical Exchange Rates
Welcome to the INR to PAB exchange rate history page. This page contains detailed daily historical exchange rates between INR and PAB from 2025-3-8 to 2026-04-04, making it easy to look up and reference.
1 INR = 0.0107863 PAB
11:30 Exchange Rate
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1 Indian rupee to Panamanian Balboa / US dollar Historical Exchange Rate Trends
1 INR = -- PAB
11:30 Exchange Rate
1 Indian rupee to Panamanian Balboa / US dollar Data Statistics
This section organizes the historical exchange rate data of 1 INR 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.
Past 7 days historical exchange rates
Below are the daily average exchange rates of INR to PAB for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PAB to INR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
INR to PAB - Last 7 Days
INR
PABINRPABINRPABINRPABINRPABINRPABINRPABPAB to INR - Last 7 Days
PABINRPABINRPABINRPABINRPABINRPABINRPABINRINR - Indian Rupee
The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.
- Supporting unit:1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
- Denomination of banknotes:₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 (some higher denominations have been discontinued but are still in circulation)
- Reserve currency:No, but it plays a certain role as a regional reserve currency in South Asia.
- Banknote material:The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
- Metal composition:Steel, stainless steel, nickel-clad steel, copper-nickel alloy, etc.
- Currency symbol:₹
- Paper currency size:For example, ₹500 measures 150mm × 66mm, and different denominations have different sizes.
- language:en
- Main unit:1 Rupee
- ISO code:INR
- Currency name:Indian Rupee
- Exchange Rate System:A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
- Central Bank:Reserve Bank of India (RBI)
- Safe-haven currency:No, it is a currency in a highly volatile emerging market.
- Coin denomination:₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
- Countries of Use:India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
- Cross-border payment:Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars. In recent years, the Reserve Bank of India has encouraged the establishment of local currency settlement mechanisms with certain countries.
PAB - 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.
