100 CFA Franc BCEAO to Panamanian Balboa | Bank

The CFA Franc BCEAO (XOF) is the official currency of eight West African countries: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro at a fixed rate.

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.