Panamanian Balboa to Qatari Riyal | 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 Qatari Riyal (QAR) is the official currency of Qatar. The riyal is subdivided into 100 dirhams and is issued by the Qatar Central Bank. The currency symbol "ر.ق" represents the riyal in Qatar.