Turkish lira to Panamanian Balboa / US dollar Historical Exchange Rates
Welcome to the TRY to PAB exchange rate history page. This page contains detailed daily historical exchange rates between TRY and PAB from 2025-3-8 to 2026-04-15, making it easy to look up and reference.
1 TRY = 0.022361 PAB
01:31 Exchange Rate
1 Turkish lira to Panamanian Balboa / US dollar Historical Exchange Rate Trends
1 TRY = -- PAB
01:31 Exchange Rate
1 Turkish lira to Panamanian Balboa / US dollar Data Statistics
This section organizes the historical exchange rate data of 1 TRY 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 TRY to PAB for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PAB to TRY, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
TRY to PAB - Last 7 Days
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PABPAB to TRY - Last 7 Days
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TRY - Turkish Lira
The Turkish Lira has undergone several currency reforms, and the current version has been in circulation since 2005. TRY reflects the diversity and challenges of the Turkish economy.
- Supporting unit:1 lira = 100 kuruş
- Denomination of banknotes:5, 10, 20, 50, 100, 200 lira
- Reserve currency:No, the US dollar and the euro are the main reserve currencies.
- Banknote material:Paper, featuring multiple anti-counterfeiting designs.
- Metal composition:Copper-nickel alloy, stainless steel
- Currency symbol:₺
- Paper currency size:For example, 100 lira is approximately 155mm × 70mm.
- language:en
- Main unit:Lira
- ISO code:TRY
- Currency name:Turkish Lira
- Exchange Rate System:Floating exchange rate system
- Central Bank:Central Bank of the Republic of Turkey
- Safe-haven currency:No, it is highly volatile and not a safe-haven currency.
- Coin denomination:1, 5, 10, 25, 50 kurush, 1 lira
- Countries of Use:Turkey
- Cross-border payment:The Turkish lira can be used for international settlements through SWIFT, but due to currency fluctuations, the US dollar and the euro are often used in cross-border trade.
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.



