1 CRC to PAB - Convert Costa Rican Colón to Panamanian Balboa

Looking at the 30-day window, the CRC/PAB pair traded in a range of 0.002100 to 0.002300. The monthly average was 0.002216 with 2.01% volatility. The relatively low volatility indicates stable trading conditions for the CRC/PAB currency pair.

The current mid-market exchange rate is 1 CRC = 0.002196 PAB, updated as of July 3, 2026, 9:11 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.

Costa Rican Colón to Panamanian Balboa Exchange Rate

The CRC/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Costa Rican Colón (CRC). At the current mid-market rate of 1 CRC = 0.002196 PAB, 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 CRC to PAB Rate

Exchange rates between Costa Rican Colón and Panamanian Balboa 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 CRC/PAB rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best CRC to PAB 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.

Historical CRC/PAB Trends

The CRC/PAB exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

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. The PAB exchange rate against CRC reflects relative economic conditions between the two currency areas.

Reverse Rate: PAB to CRC

The reverse exchange rate is 1 PAB = 455.37 CRC. This is useful if you are starting with Panamanian Balboa and want to know how much Costa Rican Colón you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated PAB to CRC converter for the reverse direction.