AWG to PAB Exchange Rate - Convert Aruba Florin to Panama Balboa

Converting from Aruba Florin (AWG) to Panama Balboa (PAB)

What is Aruba Florin (AWG)

The Aruba Florin (AWG) is the official currency of Aruba, a small Caribbean island. The Florin is subdivided into 100 cents, much like the dollar system used in the United States and other countries. The symbol for the Florin is often denoted as "ƒ," and it has been the currency of Aruba since 1986, replacing the Netherlands Antillean Guilder (ANG).

The Aruba Florin is pegged to the US dollar (USD) at a fixed rate of 1 AWG = 0.56 USD, which provides a level of stability for trade and tourism. This peg is quite beneficial since Aruba heavily relies on tourism, drawing visitors from around the world, particularly from the United States. When traveling to Aruba, tourists often find it convenient to use US dollars, although Florins are accepted as well.

What is Panama Balboa (PAB)

The Panama Balboa (PAB) serves as the official currency of Panama, introduced in 1904. Similar to the Florin, the Balboa is also divided into 100 centesimos. The unique aspect of the Balboa is that it exists primarily in coin form. While the Balboa itself is used alongside the US dollar, the dollar is more commonly used for everyday transactions in Panama.

The exchange rate for the Balboa is fixed at a 1:1 ratio with the US dollar. This means that one Balboa is worth one US dollar. As a result, travelers and business people between the US and Panama often feel comfortable using US dollars directly, making transactions easy.

Converting AWG to PAB

When looking to convert from Aruba Florin (AWG) to Panama Balboa (PAB), it's essential to know the exchange rates at the time of your transaction. To convert AWG to USD, you would use the fixed exchange rate:

1 AWG = 0.56 USD

Next, since the Panama Balboa is pegged to the US dollar at a rate of 1:1, you can similarly convert USD to PAB:

1 USD = 1 PAB

Combining these two conversions, you can estimate how many Balboas you would receive for your Florins. The conversion formula is:

1 AWG = 0.56 USD = 0.56 PAB

Bear in mind that exchange rates may fluctuate, and it is always wise to confirm current rates before making conversions. Knowing the basics of both currencies can help you navigate your financial transactions while traveling or doing business between Aruba and Panama.

Aruba Florin to Panama Balboa conversion table

AWG to PAB conversion table

Aruba Florin (AWG)Panama Balboa (PAB)
1 AWG0.55866031528 PAB
2 AWG1.11732063056 PAB
3 AWG1.67598094583 PAB
4 AWG2.23464126111 PAB
5 AWG2.79330157639 PAB
6 AWG3.35196189167 PAB
7 AWG3.91062220694 PAB
8 AWG4.46928252222 PAB
9 AWG5.0279428375 PAB
10 AWG5.58660315278 PAB
100 AWG55.86603152777 PAB
200 AWG111.73206305554 PAB
300 AWG167.59809458331 PAB
400 AWG223.46412611108 PAB
500 AWG279.33015763885 PAB
600 AWG335.19618916663 PAB
700 AWG391.0622206944 PAB
800 AWG446.92825222217 PAB
900 AWG502.79428374994 PAB
1 000 AWG558.66031527771 PAB
2 000 AWG1 117.32063055542 PAB
5 000 AWG2 793.30157638854 PAB
10 000 AWG5 586.60315277709 PAB
20 000 AWG11 173.20630555418 PAB
50 000 AWG27 933.01576388544 PAB
100 000 AWG55 866.03152777089 PAB
Last updated April 24, 2025 at 11:59 PM