1 HNL to PAB - Convert Honduran Lempira to Panamanian Balboa

Looking at the 30-day window, the HNL/PAB pair traded in a range of 0.036300 to 0.038200. The monthly average was 0.037207 with 1.65% volatility. The relatively low volatility indicates stable trading conditions for the HNL/PAB currency pair.

The current mid-market exchange rate is 1 HNL = 0.037430 PAB, updated as of July 3, 2026, 6:30 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.

Honduran Lempira to Panamanian Balboa Exchange Rate

The HNL/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Honduran Lempira (HNL). At the current mid-market rate of 1 HNL = 0.037430 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 HNL to PAB Rate

Exchange rates between Honduran Lempira 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 HNL/PAB rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best HNL 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.

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 HNL reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 HNL = 0.037430 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 HNL

The reverse exchange rate is 1 PAB = 26.7165 HNL. This is useful if you are starting with Panamanian Balboa and want to know how much Honduran Lempira 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 HNL converter for the reverse direction.