1 CVE to PAB - Convert Cape Verdean Escudo to Panamanian Balboa

Looking at the 30-day window, the CVE/PAB pair traded in a range of 0.010200 to 0.010900. The monthly average was 0.010629 with 1.85% volatility. The relatively low volatility indicates stable trading conditions for the CVE/PAB currency pair.

The current mid-market exchange rate is 1 CVE = 0.010360 PAB, updated as of July 3, 2026, 6:08 PM 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.

Cape Verdean Escudo to Panamanian Balboa Exchange Rate

The CVE/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Cape Verdean Escudo (CVE). At the current mid-market rate of 1 CVE = 0.010360 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 CVE to PAB Rate

Exchange rates between Cape Verdean Escudo 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 CVE/PAB rate fluctuates throughout trading sessions and over longer time periods.

Cape Verdean Escudo Overview

The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, pegged to the Euro. Tourism and remittances are the island archipelago's primary economic drivers. Understanding the fundamentals behind CVE helps contextualize its exchange rate movements against PAB and other currencies.

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 CVE reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 CVE = 0.010360 PAB 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.

Reverse Rate: PAB to CVE

The reverse exchange rate is 1 PAB = 96.5251 CVE. This is useful if you are starting with Panamanian Balboa and want to know how much Cape Verdean Escudo 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 CVE converter for the reverse direction.