1 PAB to BWP - Convert Panamanian Balboa to Botswana Pula

Looking at the 30-day window, the PAB/BWP pair traded in a range of 13.3327 to 14.2757. The monthly average was 13.8095 with 1.71% volatility. This downward movement of 2.5% suggests significant momentum in the PAB/BWP exchange rate.

The current mid-market exchange rate is 1 PAB = 14.3155 BWP, updated as of July 3, 2026, 8:47 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 Botswana Pula Exchange Rate

The PAB/BWP exchange rate tells you how many Botswana Pula (BWP) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 14.3155 BWP, 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 PAB to BWP Rate

Exchange rates between Panamanian Balboa and Botswana Pula 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 PAB/BWP rate fluctuates throughout trading sessions and over longer time periods.

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 BWP and other currencies.

Botswana Pula Overview

The Botswana Pula (BWP) is the official currency of Botswana. Diamond mining through Debswana (a De Beers partnership) has made Botswana one of Africa's most prosperous nations. The BWP exchange rate against PAB reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 PAB = 14.3155 BWP 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.