1 PAB to PEN - Convert Panamanian Balboa to Peruvian Sol

Looking at the 30-day window, the PAB/PEN pair traded in a range of 3.2689 to 3.5147. The monthly average was 3.4112 with 1.85% volatility. The relatively low volatility indicates stable trading conditions for the PAB/PEN currency pair.

The current mid-market exchange rate is 1 PAB = 3.4123 PEN, updated as of July 3, 2026, 9:50 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 Peruvian Sol Exchange Rate

The PAB/PEN exchange rate tells you how many Peruvian Sol (PEN) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 3.4123 PEN, 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/PEN Trends

The PAB/PEN 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 PEN

International money transfers from Panamanian Balboa to Peruvian Sol 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.

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 PEN and other currencies.

Peruvian Sol Overview

The Peruvian Sol (PEN) is the official currency of Peru. Copper, gold, and zinc mining drive export revenue, while the central bank has maintained relatively low inflation. The PEN exchange rate against PAB reflects relative economic conditions between the two currency areas.