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South African rand to Panamanian Balboa / US dollar Exchange Rate History - XTransfer

South African rand to Panamanian Balboa / US dollar Historical Exchange Rates

Welcome to the ZAR to PAB exchange rate history page. This page contains detailed daily historical exchange rates between ZAR and PAB from 2025-3-8 to 2026-02-25, making it easy to look up and reference.

Amount
Result

1 ZAR = 0.0627419 PAB

10:30 Exchange Rate

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1 South African rand to Panamanian Balboa / US dollar Historical Exchange Rate Trends

1 ZAR = -- PAB

10:30 Exchange Rate

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

1 South African rand to Panamanian Balboa / US dollar Data Statistics

This section organizes the historical exchange rate data of 1 ZAR 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
0.0627419
0.0630529
0.0636857
0.0636857
Low
0.0627419
0.0618295
0.0614443
0.05843
Average
0.0627419
0.0625211
0.0624952
0.0608692

Past 7 days historical exchange rates

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

ZAR to PAB - Last 7 Days

ZARZARPABPAB
2026-02-25
0.0627419
ZARZARPABPAB
2026-02-24
0.0624676
ZARZARPABPAB
2026-02-23
0.0624629
ZARZARPABPAB
2026-02-22
0.0623585
ZARZARPABPAB
2026-02-21
0.0624005
ZARZARPABPAB
2026-02-20
0.0618295
ZARZARPABPAB
2026-02-19
0.0623636

PAB to ZAR - Last 7 Days

PABPABZARZAR
2026-02-25
15.9383124
PABPABZARZAR
2026-02-24
16.0082987
PABPABZARZAR
2026-02-23
16.0095032
PABPABZARZAR
2026-02-22
16.0363062
PABPABZARZAR
2026-02-21
16.0255126
PABPABZARZAR
2026-02-20
16.1735094
PABPABZARZAR
2026-02-19
16.0349948

ZARZAR - South African Rand

The rand was issued in 1961 with the establishment of the Republic of South Africa, replacing the South African pound. ZAR is the mainstay currency of the South African economy and is widely used in mining, manufacturing and financial services. As one of the most important currencies in Africa, the rand has a high liquidity in the international market.

  • Supporting unit:1 cent (1 rand = 100 cents)
  • Denomination of banknotes:10, 20, 50, 100, 200 Rand
  • Reserve currency:No, but it has a significant influence in the African region.
  • Banknote material:Paper-based, featuring various anti-counterfeiting designs.
  • Metal composition:Copper-nickel alloy, nickel-plated steel core alloy
  • Currency symbol:R
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:Rand
  • ISO code:ZAR
  • Currency name:South African Rand
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:South African Reserve Bank
  • Safe-haven currency:No, mainly emerging market currencies.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5 rand.
  • Countries of Use:South Africa, Namibia, Lesotho, Eswatini, and Zimbabwe (partially used)
  • Cross-border payment:The rand is widely circulated in southern Africa, international payments are mostly conducted through the SWIFT network, and cross-border trade often settles in US dollars or euros.

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 South African rand to Panamanian Balboa / US dollar exchange rate and remittance?

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

Why are the South African rand 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 ZAR 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 South African rand to Panamanian Balboa / US dollar exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between ZAR 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 South African rand to Panamanian Balboa / US dollar based on historical exchange rates?

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