Panamanian Balboa to Bolivian Boliviano | Black Market

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 Bolivian Boliviano (BOB) is the official currency of Bolivia. It is issued and regulated by the Central Bank of Bolivia and has been in circulation since 1987.