Guatemalan Quetzal to Panamanian Balboa | Bank

The Guatemalan Quetzal (GTQ) is the official currency of Guatemala. It is named after the national bird of Guatemala, the Quetzal.

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.