1 PAB to JMD - Convert Panamanian Balboa to Jamaican Dollar

Looking at the 30-day window, the PAB/JMD pair traded in a range of 153.0989 to 162.8805. The monthly average was 157.5963 with 1.85% volatility. The relatively low volatility indicates stable trading conditions for the PAB/JMD currency pair.

The current mid-market exchange rate is 1 PAB = 157.6415 JMD, updated as of July 3, 2026, 4:47 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 Jamaican Dollar Exchange Rate

The PAB/JMD exchange rate tells you how many Jamaican Dollar (JMD) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 157.6415 JMD, 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 JMD Rate

Exchange rates between Panamanian Balboa and Jamaican Dollar 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/JMD rate fluctuates throughout trading sessions and over longer time periods.

Historical PAB/JMD Trends

The PAB/JMD 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.

Mid-Market Rate Explained

The mid-market rate of 1 PAB = 157.6415 JMD 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: JMD to PAB

The reverse exchange rate is 1 JMD = 0.006344 PAB. This is useful if you are starting with Jamaican Dollar 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 JMD to PAB converter for the reverse direction.