Panamanian Balboa to Russian Ruble | 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 Russian Ruble (RUB) is the official currency of Russia. The ruble is subdivided into 100 kopeks and is issued by the Central Bank of Russia. The currency symbol "₽" represents the ruble in Russia.