1 PAB to THB - Convert Panamanian Balboa to Thai Baht

Looking at the 30-day window, the PAB/THB pair traded in a range of 31.6064 to 33.5031. The monthly average was 32.5168 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the PAB/THB currency pair.

The current mid-market exchange rate is 1 PAB = 33.2250 THB, updated as of July 3, 2026, 12:36 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 Thai Baht Exchange Rate

The PAB/THB exchange rate tells you how many Thai Baht (THB) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 33.2250 THB, 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.

PAB/THB for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the PAB to THB rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Using the PAB/THB Calculator

The free calculator at the top of this page converts any amount between Panamanian Balboa and Thai Baht 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 THB/PAB rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Mid-Market Rate Explained

The mid-market rate of 1 PAB = 33.2250 THB 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: THB to PAB

The reverse exchange rate is 1 THB = 0.030098 PAB. This is useful if you are starting with Thai Baht 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 THB to PAB converter for the reverse direction.