PAB to PHP Exchange Rate - Convert Panama Balboa to Philippine Peso

Converting from Panama Balboa (PAB) to Philippine Peso (PHP)

What is Panama Balboa (PAB)

The Panama Balboa (PAB) is the official currency of Panama. It is named after Vasco Núñez de Balboa, the first European to see the Pacific Ocean. Introduced in 1904, the Balboa was created to maintain a stable monetary system in the country. The Balboa is pegged to the US Dollar (USD) at a 1:1 exchange rate, which means that one Balboa is equal to one US Dollar.

The Balboa exists in both coins and banknotes. However, banknotes are exclusively in USD, making the Balboa less commonly seen in paper form. Coins come in various denominations: 1, 5, 10, 25, and 50 centavos, as well as 1 Balboa. The use of the US Dollar alongside the Balboa provides a sense of stability and confidence in its value.

Although the Balboa predominately circulates in Panama, it is important for travelers and businesses to be aware of its value when converting to other currencies. For example, if you plan to exchange Balboas for Philippine Pesos, knowing the current exchange rate is essential for accurate conversions.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) is the official currency of the Philippines. Its symbol is "₱," and it is subdivided into 100 centavos. The Peso has a rich history, with various forms of currency used before settling on the current system in 1852. The Bangko Sentral ng Pilipinas (BSP) is responsible for issuing and regulating the Peso.

The Philippine Peso is available in both coins and paper bills, with coins in denominations of ₱1, ₱5, ₱10, and various centavo values. Paper bills come in denominations of ₱20, ₱50, ₱100, ₱200, ₱500, and ₱1,000. The Peso's value can fluctuate based on various economic factors, making it necessary for travelers to check the current exchange rate when converting from one currency to another.

When converting from PAB to PHP, it is crucial to use the most up-to-date exchange rates to ensure accuracy. You can check currency exchange websites, financial news, or your local bank for the latest rates.

To perform the conversion mathematically, the formula is as follows:

Amount in PHP = Amount in PAB × Exchange Rate (PAB to PHP)

For example, if the exchange rate is 1 PAB = 54 PHP, and you have 10 PAB, the conversion would be:

10 PAB × 54 PHP = 540 PHP

In conclusion, understanding the Panama Balboa and Philippine Peso, including their histories, values, and conversion methods, can help individuals and businesses navigate currency transactions more effectively.

Panama Balboa to Philippine Peso conversion table

PAB to PHP conversion table

Panama Balboa (PAB)Philippine Peso (PHP)
1 PAB55.6217304185 PHP
2 PAB111.243460837 PHP
3 PAB166.86519125549 PHP
4 PAB222.48692167399 PHP
5 PAB278.10865209249 PHP
6 PAB333.73038251099 PHP
7 PAB389.35211292949 PHP
8 PAB444.97384334798 PHP
9 PAB500.59557376648 PHP
10 PAB556.21730418498 PHP
100 PAB5 562.1730418498 PHP
200 PAB11 124.3460836996 PHP
300 PAB16 686.5191255494 PHP
400 PAB22 248.6921673992 PHP
500 PAB27 810.865209249 PHP
600 PAB33 373.0382510988 PHP
700 PAB38 935.2112929486 PHP
800 PAB44 497.3843347984 PHP
900 PAB50 059.5573766482 PHP
1 000 PAB55 621.730418498 PHP
2 000 PAB111 243.460836996 PHP
5 000 PAB278 108.65209249 PHP
10 000 PAB556 217.30418498 PHP
20 000 PAB1 112 434.60836996 PHP
50 000 PAB2 781 086.5209249 PHP
100 000 PAB5 562 173.0418498 PHP
Last updated May 2, 2025 at 12:55 PM