1 PAB to CAD - Convert Panamanian Balboa to Canadian Dollar

Looking at the 30-day window, the PAB/CAD pair traded in a range of 1.3140 to 1.4135. The monthly average was 1.3620 with 1.89% volatility. The relatively low volatility indicates stable trading conditions for the PAB/CAD currency pair.

The current mid-market exchange rate is 1 PAB = 1.4188 CAD, updated as of July 3, 2026, 10:27 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Panamanian Balboa to Canadian Dollar Exchange Rate

The PAB/CAD exchange rate tells you how many Canadian Dollar (CAD) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 1.4188 CAD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the PAB to CAD Rate

Exchange rates between Panamanian Balboa and Canadian Dollar are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the PAB/CAD rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best PAB to CAD Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

PAB/CAD for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the PAB to CAD rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Panamanian Balboa Overview

The Panamanian Balboa (PAB) is the official currency of Panama, pegged at par to the US Dollar. Panama Canal revenue, banking, and logistics drive the economy. Understanding the fundamentals behind PAB helps contextualize its exchange rate movements against CAD and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 PAB = 1.4188 CAD shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.