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About this currency pair
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.
British Pound Sterling (GBP) — a major international currency
The pound sterling is one of the world’s oldest currencies still in use and remains closely associated with UK prices, wages, banking and financial markets. GBP is also important for travel, ecommerce, invoices, investment reporting and comparisons with EUR and USD, especially because London is a major international financial centre.