1 DOP to PAB - Convert Dominican Peso to Panamanian Balboa

Looking at the 30-day window, the DOP/PAB pair traded in a range of 0.016500 to 0.017500. The monthly average was 0.016949 with 1.63% volatility. The relatively low volatility indicates stable trading conditions for the DOP/PAB currency pair.

The current mid-market exchange rate is 1 DOP = 0.016814 PAB, updated as of July 3, 2026, 10:45 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.

Dominican Peso to Panamanian Balboa Exchange Rate

The DOP/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Dominican Peso (DOP). At the current mid-market rate of 1 DOP = 0.016814 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.

Understanding the DOP/PAB Conversion

Converting Dominican Peso to Panamanian Balboa involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Using the DOP/PAB Calculator

The free calculator at the top of this page converts any amount between Dominican Peso and Panamanian Balboa instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse PAB/DOP rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Dominican Peso Overview

The Dominican Peso (DOP) is the official currency of the Dominican Republic. Tourism, remittances, and free-trade-zone manufacturing are the primary economic drivers. Understanding the fundamentals behind DOP 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 DOP reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 DOP = 0.016814 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.