Panama

Panamanian balboa

In circulation in Panama

ISO code
PAB
Symbol
B/.
Minor unit
100
Coins
3

Notes and coins in circulation

Getting cash

Panama issues no banknotes of its own. Cash machines dispense US dollar bills, which circulate at par with the balboa, while the balboa exists only as coins. Balboa coins match US coins in size and weight and are used interchangeably with them.

What it is worth

Currency1 PAB =1 unit =
USD 1.0000 USD 1.00 PAB
EUR 0.8718 EUR 1.15 PAB
GBP 0.7477 GBP 1.34 PAB
INR 95.8734 INR 0.01 PAB

Mid-market reference rates, snapshot 22 September 2026: indicative only. What you actually receive is always less. Work out the real cost →

Where it is used

Related currencies

Tools

Calculator

What exchanging costs →

Paste the rate you were quoted and see the gap against mid-market.

Checker

Do I need to declare it? →

Both legs of any route: where you leave and where you arrive.

Checker

Is a torn note still valid? →

How much must survive, and who pays out.

Sources: last verified 22 September 2026 secondary sourced