Panamanian Balboa to Malaysian Ringgit | 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 Malaysian Ringgit (MYR) is the official currency of Malaysia. It is issued by Bank Negara Malaysia, the country's central bank. The Ringgit plays a vital role in Malaysia's economy and international trade relations.