1 PAB to KRW - Convert Panamanian Balboa to South Korean Won

Looking at the 30-day window, the PAB/KRW pair traded in a range of 1,499.0190 to 1,591.7365. The monthly average was 1,543.4596 with 1.69% volatility. The relatively low volatility indicates stable trading conditions for the PAB/KRW currency pair.

The current mid-market exchange rate is 1 PAB = 1,543.9073 KRW, updated as of July 3, 2026, 10:59 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 South Korean Won Exchange Rate

The PAB/KRW exchange rate tells you how many South Korean Won (KRW) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 1,543.9073 KRW, 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 PAB/KRW Trends

The PAB/KRW 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.

Sending Money from PAB to KRW

International money transfers from Panamanian Balboa to South Korean Won can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Using the PAB/KRW Calculator

The free calculator at the top of this page converts any amount between Panamanian Balboa and South Korean Won instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse KRW/PAB rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

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 KRW and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 PAB = 1,543.9073 KRW 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.