Panamanian Balboa to Venezuelan Digital Bolívar | 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 Venezuelan Digital Bolívar (VED) is the digital version of Venezuela's official currency, introduced as part of the country's monetary modernization efforts.