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About this currency pair
Chinese Yuan (CNY) — a major international currency
The Chinese yuan is the onshore currency used in mainland China and is central to trade, manufacturing, ecommerce, travel and supply-chain pricing. CNY conversions are widely used by importers, exporters, online sellers and travelers comparing Chinese prices with USD, EUR and other Asian currencies.
Panamanian Balboa (PAB) — the currency of Panama
The balboa is Panama’s national currency unit, while US dollar banknotes are widely used in everyday cash payments. The Panamanian Balboa is used in Panama, where it appears in domestic prices, wages, banking, tourism, public fees and local contracts. Conversions are useful for tourism, remittances, import prices, regional trade and comparing local prices with USD or EUR benchmarks. For conversion pages, PAB is useful when translating local prices into major reference currencies or comparing historical and current market values.