Panamanian Balboa to Kenyan Shilling | 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 Kenyan Shilling (KES) is the official currency of Kenya. It is issued by the Central Bank of Kenya and has been in circulation since 1966 when it replaced the East African Shilling.