1 NGN to PAB - Convert Nigerian Naira to Panamanian Balboa

Looking at the 30-day window, the NGN/PAB pair traded in a range of 0.000700 to 0.000730. The monthly average was 0.000701 with 0.76% volatility. This upward movement of 4.3% suggests significant momentum in the NGN/PAB exchange rate.

The current mid-market exchange rate is 1 NGN = 0.000729 PAB, updated as of July 3, 2026, 6:33 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.

Nigerian Naira to Panamanian Balboa Exchange Rate

The NGN/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Nigerian Naira (NGN). At the current mid-market rate of 1 NGN = 0.000729 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.

Historical NGN/PAB Trends

The NGN/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 NGN reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 NGN = 0.000729 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 NGN

The reverse exchange rate is 1 PAB = 1,371.74 NGN. This is useful if you are starting with Panamanian Balboa and want to know how much Nigerian Naira 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 NGN converter for the reverse direction.