1 PAB to GHS - Convert Panamanian Balboa to Ghanaian Cedi

Looking at the 30-day window, the PAB/GHS pair traded in a range of 11.2767 to 12.0486. The monthly average was 11.6815 with 1.77% volatility. The relatively low volatility indicates stable trading conditions for the PAB/GHS currency pair.

The current mid-market exchange rate is 1 PAB = 11.3484 GHS, updated as of July 3, 2026, 8:35 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.

Panamanian Balboa to Ghanaian Cedi Exchange Rate

The PAB/GHS exchange rate tells you how many Ghanaian Cedi (GHS) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 11.3484 GHS, 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 PAB/GHS Conversion

Converting Panamanian Balboa to Ghanaian Cedi 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.

What Affects the PAB to GHS Rate

Exchange rates between Panamanian Balboa and Ghanaian Cedi 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/GHS rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best PAB to GHS 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.

Historical PAB/GHS Trends

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