Argentine Peso to Panamanian Balboa | Bank

The Argentine Peso (ARS) is the official currency of Argentina. It was introduced in 1992 to replace the Austral. The peso is subdivided into 100 centavos and is managed by the Central Bank of Argentina.

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.