Set Location and Language

Panamanian Balboa Panamanian Balboa to Israeli New Shekel | Bank

Live exchange rate for Panamanian Balboa to Israeli New Shekel at Bank, Wednesday, 14.05.2025 08:16

Buy 3.5671

Sell 3.5849

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Last price yesterday 3.5671

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 Israeli New Shekel (ILS) is the official currency of Israel. It was introduced in 1986 to replace the hyperinflated old shekel and is issued by the Bank of Israel.