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.
1 ZAR = 0.0627419 PAB
10:30 Exchange Rate
1 South African rand to Panamanian Balboa / US dollar Historical Exchange Rate Trends
1 ZAR = -- PAB
10:30 Exchange Rate
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.
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
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PABPAB to ZAR - Last 7 Days
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ZAR - 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.
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.

