Panamanian Balboa to Aruban Florin | Bank

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.

The Aruban Florin (AWG) is the official currency of Aruba. It is pegged to the US dollar at a rate of 1.79 florins per dollar. The florin is subdivided into 100 cents and is managed by the Central Bank of Aruba.