US dollar to Panamanian Balboa / US dollar Historical Exchange Rates
Welcome to the USD to PAB exchange rate history page. This page contains detailed daily historical exchange rates between USD and PAB from 2025-3-8 to 2025-12-05, making it easy to look up and reference.
1 USD = 1 PAB
04:30 Exchange Rate
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1 US dollar to Panamanian Balboa / US dollar Historical Exchange Rate Trends
1 USD = -- PAB
04:30 Exchange Rate
1 US dollar to Panamanian Balboa / US dollar Data Statistics
This section organizes the historical exchange rate data of 1 USD 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 USD to PAB for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PAB to USD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
USD to PAB - Last 7 Days
USD
PABUSDPABUSDPABUSDPABUSDPABUSDPABUSDPABPAB to USD - Last 7 Days
PABUSDPABUSDPABUSDPABUSDPABUSDPABUSDPABUSDUSD - Dollar
The US dollar officially became the official currency of the United States in 1792, initially adopting the gold and silver standard. After World War II, the US dollar became the world's main reserve currency in the Bretton Woods system. In 1971, the United States abolished the peg of the US dollar to gold and switched to a floating exchange rate. Today, the US dollar is still the dominant currency in global trade, investment and financial markets, enjoying a high degree of international credit and widespread use.
- Supporting unit:1 cent
- Denomination of banknotes:$1, $5, $10, $20, $50, $100
- Reserve currency:The US dollar is the world's primary reserve currency.
- Banknote material:Made primarily of 75% cotton and 25% linen.
- Metal composition:Alloys such as copper, nickel, and zinc
- Currency symbol:$ or US$
- Paper currency size:156mm × 66mm (All denominations have the same size)
- language:en
- Main unit:1 US dollar
- ISO code:USD
- Currency name:US dollar
- Cents per dollar:100
- Exchange Rate System:Floating exchange rate system
- Central Bank:Federal Reserve System
- Safe-haven currency:The US dollar is usually regarded as a safe-haven currency.
- Coin denomination:1¢, 5¢, 10¢, 25¢, 50¢, $1
- Countries of Use:The United States (including some overseas territories) and certain countries and regions that use the US dollar as their official or circulating currency.
- Cross-border payment:The dollar cross-border payment network covers approximately 200 countries and regions worldwide.
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.
