Set Location and Language

Nigerian Naira Nigerian Naira to Panamanian Balboa | Bank

Live exchange rate for Nigerian Naira to Panamanian Balboa at Bank, Thursday, 15.05.2025 02:07

Buy 0.0006

Sell 0.0006

Change -0.000001

Last price yesterday 0.0006

The Nigerian Naira (NGN) is the official currency of Nigeria. It was introduced in 1973 to replace the Nigerian pound. The currency is regulated by the Central Bank of Nigeria. The term "Naira" is derived from the word "Nigeria", while "kobo", its subunit, means "penny" in Hausa language.

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.