Panamanian Balboa to Iraqi Dinar | 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 Iraqi Dinar (IQD) is the official currency of Iraq. It is issued and regulated by the Central Bank of Iraq and has been in use since 1932.