1 PAB to VES - Convert Panamanian Balboa to Venezuelan Bolívar

Looking at the 30-day window, the PAB/VES pair traded in a range of 468.5961 to 503.2963. The monthly average was 485.2606 with 1.99% volatility. The relatively low volatility indicates stable trading conditions for the PAB/VES currency pair.

The current mid-market exchange rate is 1 PAB = 652.9726 VES, updated as of July 3, 2026, 6:09 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 Venezuelan Bolívar Exchange Rate

The PAB/VES exchange rate tells you how many Venezuelan Bolívar (VES) you receive for every Panamanian Balboa (PAB). At the current mid-market rate of 1 PAB = 652.9726 VES, 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/VES Conversion

Converting Panamanian Balboa to Venezuelan Bolívar 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 VES Rate

Exchange rates between Panamanian Balboa and Venezuelan Bolívar 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/VES rate fluctuates throughout trading sessions and over longer time periods.

Historical PAB/VES Trends

The PAB/VES 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.

Using the PAB/VES Calculator

The free calculator at the top of this page converts any amount between Panamanian Balboa and Venezuelan Bolívar 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 VES/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 = 652.9726 VES 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.