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Peruvian sol to Panamanian Balboa / US dollar Exchange Rate History - XTransfer

Peruvian sol to Panamanian Balboa / US dollar Historical Exchange Rates

Welcome to the PEN to PAB exchange rate history page. This page contains detailed daily historical exchange rates between PEN and PAB from 2025-3-8 to 2026-02-11, making it easy to look up and reference.

Amount
Result

1 PEN = 0.297841 PAB

13:30 Exchange Rate

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1 Peruvian sol to Panamanian Balboa / US dollar Historical Exchange Rate Trends

1 PEN = -- PAB

13:30 Exchange Rate

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

1 Peruvian sol to Panamanian Balboa / US dollar Data Statistics

This section organizes the historical exchange rate data of 1 PEN 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
0.297841
0.299374
0.299374
0.299374
Low
0.297841
0.296771
0.296771
0.295194
Average
0.297841
0.297707
0.297818
0.29728

Past 7 days historical exchange rates

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

PEN to PAB - Last 7 Days

PENPENPABPAB
2026-02-11
0.297841
PENPENPABPAB
2026-02-10
0.297796
PENPENPABPAB
2026-02-09
0.297752
PENPENPABPAB
2026-02-08
0.297752
PENPENPABPAB
2026-02-07
0.297761
PENPENPABPAB
2026-02-06
0.297027
PENPENPABPAB
2026-02-05
0.297508

PAB to PEN - Last 7 Days

PABPABPENPEN
2026-02-11
3.357496
PABPABPENPEN
2026-02-10
3.358003
PABPABPENPEN
2026-02-09
3.3585
PABPABPENPEN
2026-02-08
3.3585
PABPABPENPEN
2026-02-07
3.358398
PABPABPENPEN
2026-02-06
3.366697
PABPABPENPEN
2026-02-05
3.361254

PENPEN - Peruvian Sol

The Sol was issued in 1991, replacing the Inti during the high inflation era. The PEN has stabilized the Peruvian economy and is a relatively strong currency in Latin America, supporting domestic consumption and export growth.

  • Supporting unit:1 New Sol = 100 cents
  • Denomination of banknotes:10, 20, 50, 100, 200 new soles
  • Reserve currency:No, it mainly uses the US dollar and the euro as reserve currencies.
  • Banknote material:The combination of paper and polymer features advanced anti-counterfeiting technology.
  • Metal composition:Copper-nickel alloy, nickel-plated steel, aluminum bronze, etc.
  • Currency symbol:S/
  • Paper currency size:For example, 100 new soles measuring 140mm × 65mm.
  • language:en
  • Main unit:1 New Soul
  • ISO code:PEN
  • Currency name:Peruvian Nuevo Sol
  • Exchange Rate System:Freely floating exchange rate system
  • Central Bank:Central Reserve Bank of Peru
  • Safe-haven currency:No, the market is highly volatile and regionally influenced.
  • Coin denomination:1, 5, 10, 20, 50 cents; 1 New Sol
  • Countries of Use:Peru
  • Cross-border payment:Through collaboration with multiple international banks via the SWIFT network, the Peruvian Nuevo Sol primarily facilitates international trade and capital flows through the U.S. dollar or euro.

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 Peruvian sol to Panamanian Balboa / US dollar exchange rate and remittance?

The actual amount received during remittance is directly affected by the PEN 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 PEN to PAB exchange rate can result in substantial changes in actual amounts.

Why are the Peruvian sol 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 PEN 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 Peruvian sol to Panamanian Balboa / US dollar exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between PEN 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 Peruvian sol to Panamanian Balboa / US dollar based on historical exchange rates?

Look at the charts of PEN to PAB over the past few months. If the trend is upward, it means PEN 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.