USD → 
PAB Rate as of2026-05-19 USD to PAB Converter.
1 USD = 1 PAB as of 2026-05-19. The Panamanian balboa is pegged 1:1 to the USD and the US dollar is legal tender and the dominant medium of exchange in Panama, with the balboa circulating mainly as coinage. USD-PAB searches are driven by tourists, retirees on the Pensionado program, and businesses verifying the peg holds for invoicing.
USD → PAB Converter
| 🇺🇸 USD | 🇵🇦 PAB |
|---|---|
| $1.00 | PAB 1.00 |
| $10.00 | PAB 10.00 |
| $100.00 | PAB 100.00 |
| $500.00 | PAB 500.00 |
| $1,000.00 | PAB 1,000.00 |
| $5,000.00 | PAB 5,000.00 |
| $10,000.00 | PAB 10,000.00 |
| $50,000.00 | PAB 50,000.00 |
| $100,000.00 | PAB 100,000.00 |
USD trend over time.
USD to PAB conversion table.
Common US Dollar amounts converted to Panamanian Balboa at today's rate of 1 USD = 1 PAB. The reverse holds too: 1 PAB = 1 USD.
| 1 USD | 1 PAB |
| 5 USD | 5 PAB |
| 10 USD | 10 PAB |
| 25 USD | 25 PAB |
| 50 USD | 50 PAB |
| 100 USD | 100 PAB |
| 500 USD | 500 PAB |
| 1,000 USD | 1,000 PAB |
| 5,000 USD | 5,000 PAB |
| 10,000 USD | 10,000 PAB |
| 1 PAB | 1 USD |
| 5 PAB | 5 USD |
| 10 PAB | 10 USD |
| 25 PAB | 25 USD |
| 50 PAB | 50 USD |
| 100 PAB | 100 USD |
| 500 PAB | 500 USD |
| 1,000 PAB | 1,000 USD |
| 5,000 PAB | 5,000 USD |
| 10,000 PAB | 10,000 USD |
Why people convert USD to PAB.
The USD/PAB corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Panamanian Balboa side, demand comes from 1:1 USD peg since 1904, dollarized economy, and Pensionado retiree corridor. Because both sides see steady two-way flow, USD/PAB is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.
Over the past 12 months the US Dollar has moved down 0.0% against the Panamanian Balboa, and over five years it has weakened about 0.0% (from 1 to 1). If you're sending money on this corridor, that trend matters: a falling rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Panamanian Balboa you receive by a meaningful margin.
Getting the best USD → PAB rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.
Rates shown are indicative mid-market rates as of 2026-05-19 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.
