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 2026-05-13, making it easy to look up and reference.
1 PEN = 0.291375 PAB
05:31 Exchange Rate
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1 Peruvian sol to Panamanian Balboa / US dollar Historical Exchange Rate Trends
1 PEN = -- PAB
05:31 Exchange Rate
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.
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
PEN
PABPENPABPENPABPENPABPENPABPENPABPENPABPAB to PEN - Last 7 Days
PABPENPABPENPABPENPABPENPABPENPABPENPABPENPEN - 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.
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.
