Cayman Islands Dollar to Panamanian Balboa | Bank

The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, a British Overseas Territory in the Caribbean. It is pegged to the US dollar at a fixed rate.

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.