Panamanian Balboa to Omani Rial | 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 Omani Rial (OMR) is the official currency of Oman. It was introduced in 1973 to replace the Indian Rupee and Gulf Rupee. The currency is regulated by the Central Bank of Oman. The Omani Rial is known for being one of the highest-valued currency units in the world.