Panamanian Balboa to Honduran Lempira | 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 Honduran Lempira (HNL) is the official currency of Honduras. It was named after the 16th-century indigenous leader Lempira who fought against Spanish colonization.