1 PAB to BDT - Convert Panamanian Balboa to Bangladeshi Taka

Looking at the 30-day window, the PAB/BDT pair traded in a range of 118.4484 to 127.0648. The monthly average was 123.4740 with 1.8% volatility. The relatively low volatility indicates stable trading conditions for the PAB/BDT currency pair.

The current mid-market exchange rate is 1 PAB = 123.2697 BDT, updated as of July 3, 2026, 8:39 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.

Panamanian Balboa to Bangladeshi Taka Exchange Rate

The PAB/BDT exchange rate tells you how many Bangladeshi Taka (BDT) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 123.2697 BDT, 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.

PAB/BDT for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the PAB to BDT rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

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. Understanding the fundamentals behind PAB helps contextualize its exchange rate movements against BDT and other currencies.

Bangladeshi Taka Overview

The Bangladeshi Taka (BDT) is the official currency of Bangladesh. The garment industry and overseas worker remittances are the primary drivers of foreign exchange inflows. The BDT exchange rate against PAB reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 PAB = 123.2697 BDT 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: BDT to PAB

The reverse exchange rate is 1 BDT = 0.008112 PAB. This is useful if you are starting with Bangladeshi Taka and want to know how much Panamanian Balboa you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated BDT to PAB converter for the reverse direction.