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5 Panamanian Balboa / US dollar to Jamaican Dollar Exchange Rate | PAB to JMD - XTransfer

5Panamanian Balboa / US dollar to Jamaican Dollar exchange rate

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PAB to JMD

Amount
Result

1 PAB = 156.611 JMD

07:31 Exchange Rate

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PAB to JMD  AI Predictive Analysis

XTransfer is the first platform for B2B foreign trade finance in China. It provides safe, convenient and low-cost international collection solutions for small, medium and micro enterprises, with 0 account opening fee and 0 handling fee. New users can receive up to 200000 RMB free foreign exchange settlement quota for registration. The current PAB/JMD market is slightly volatile, traders are concerned about exchange rate movements and potential trend changes, and AI forecasts can help users grasp the future direction.

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As of August 15, 2025

analysis of influencing factors:Economic data, policy adjustment, international market dynamics
potential resistance level:160.50
Operational recommendations:It is recommended to stay on the sidelines and focus on the dynamics of key support and resistance levels.
Forecast Time Range:Next 1-2 weeks
Market sentiment:Cautiously optimistic
Brief Technical Review:Short-term in the oscillation range, there are signs of upward breakthrough.
Recent volatility:0.3 percent
AI Confidence Index:Medium
Potential support level:159.50
trend prediction:Next 1-2 weeks

AI analysis is for reference only. Please judge based on actual conditions.

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1 USD to CNY Historical Exchange Rate Trends

1 USD = -- CNY

23:07 Exchange Rate

USD - CNY+0%
History
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Panamanian Balboa / US dollar Exchange Rate Conversion Table

PAB
PAB
1 PAB
10 PAB
25 PAB
50 PAB
100 PAB
500 PAB
1000 PAB
5000 PAB
10000 PAB

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.

JMDJMD - Jamaican Dollar

The Jamaican dollar has been issued since 1969, with the establishment of monetary policy after independence. The JMD supports the economic development of the island nation, especially in the fields of tourism and mineral resources, and is at the core of local business activities.

  • Supporting unit:1 yuan = 100 cents
  • Denomination of banknotes:$50, $100, $500, $1000
  • Reserve currency:No, it is mainly used for the national economy.
  • Banknote material:Cotton paper, featuring various anti-counterfeiting characteristics such as watermarks and security threads.
  • Metal composition:Copper-nickel alloys, stainless steel, etc.
  • Currency symbol:J$
  • Paper currency size:Different denominations have different sizes, for example, $1000 is approximately 155mm × 66mm.
  • language:en
  • Main unit:1 Yuan (Dollar)
  • ISO code:JMD
  • Currency name:Jamaican Dollar
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Jamaica
  • Safe-haven currency:No, the exchange rate fluctuates significantly.
  • Coin denomination:1¢, 10¢, 25¢, 50¢, $1
  • Countries of Use:Jamaica is the only country where it is used officially.
  • Cross-border payment:The SWIFT network supports international transfers, and the Jamaican dollar is frequently used for settlements among certain countries in the Caribbean; however, large-scale international trade settlements are mostly denominated in US dollars.
PABPAB
A Currency without Coins? The Unique Case of Panama's PABThe Panamanian Balboa (PAB) stands out in the global currency landscape for one intriguing reason: it exists in tandem with the U.S. dollar. Since its inception in 1904, the Balboa has remained pegged to the USD at a 1:1 ratio. But Panama doesn’t print its own paper money. Instead, it issues coins—while U.S. banknotes circulate as legal tender. This hybrid system creates both stability and complexity.The Origins and Stability of the Balboa...
Click to read
JMDJMD
The Jamaican Dollar, also known as the JMD currency, is the primary form of money in Jamaica. It influences how people live and conduct business daily. Residents use the JMD currency in stores and markets to purchase food, clothing, and souvenirs. Many visitors notice that 1 US Dollar is approximately 159.70 in JMD currency, while 1 Euro is about 188 JMD. The JMD currency reflects the value of money in Jamaica and represents the vibrant culture and pride of the nation.HighlightsThe Jamaican doll...
Click to read

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FAQ

With Panamanian Balboa / US dollar to Jamaican Dollar exchange rate fluctuations, will I receive less money?

Yes, the real-time exchange rate fluctuations between Panamanian Balboa / US dollar and Jamaican Dollar directly impact your trade profits. Due to the time lag in international payments, if PAB depreciates or JMD strengthens at the time of settlement, the actual amount of JMD you receive will decrease due to exchange losses. Therefore, monitoring the trend of Panamanian Balboa / US dollar and choosing the right exchange rate window is key to ensuring your trade proceeds do not shrink.

Why is the bank's exchange rate different from the one I found online?

The exchange rates found online are usually mid-market rates, which serve only as a market reference and are not the bank's actual transaction price. When performing currency settlement, banks deduct a "spread" (the difference between buying and selling prices) from the real-time mid-market rate to cover transaction costs. This spread causes the final amount you receive to be lower than the theoretical value calculated at the mid-market rate. Therefore, when calculating the actual profit of trade orders, you should rely on the bank's real-time "buying rate" rather than the reference rate.

Are AI-predicted exchange rates for Panamanian Balboa / US dollar to Jamaican Dollar accurate?

AI predictions for PAB to JMD are trend references based on historical big data and market sentiment models. While AI can capture the patterns of PAB through algorithms, it is difficult to 100% foresee sudden international political events or policy adjustments. Therefore, the predicted value of Panamanian Balboa / US dollar to Jamaican Dollar should serve as a supplementary suggestion for choosing a settlement window, rather than an absolute guarantee of the transaction price.

Are there any hidden fees when exchanging PAB to JMD?

In cross-border transactions involving Panamanian Balboa / US dollar to Jamaican Dollar, intermediary bank deductions are the most common hidden cost. When PAB is sent through non-direct banking routes, correspondent banks will deduct a service fee, resulting in the actual amount of JMD received being less than expected. To ensure your PAB order profits are not eroded, it is recommended to confirm whether the receiving bank supports the "Full Pay" (OUR) mode before initiating the Panamanian Balboa / US dollar exchange to avoid extra fees during Jamaican Dollar credit.

Why do different banks offer different exchange rates for Panamanian Balboa / US dollar to Jamaican Dollar?

This is because there is no unified fixed exchange rate globally; financial institutions add their own "spread" to the international mid-market rate of PAB to JMD. Different banks have varying position management and operational costs for PAB, which directly determines the fluctuations in their PAB settlement prices. Therefore, when converting Panamanian Balboa / US dollar to Jamaican Dollar, businesses will find slight differences in real-time quotes, and choosing a channel with a lower spread can yield more Jamaican Dollar.

How to conduct international cross-border payments conveniently?

The key to efficient international settlement lies in shortening the intermediate transfer links of global currencies. Through XTransfer, a one-stop foreign trade financial service platform, enterprises can quickly open multi-currency global collection accounts online without queuing at physical branches, enabling real-time payment, collection, and settlement. The compliance declaration consulting and exchange settlement services provided by XTransfer effectively solve the challenges of slow arrivals and opaque fees, making it a more convenient choice for SMEs handling bulk trade settlements.

Is it really safe to send money online via XTransfer?

XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.
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.