1 THB to PAB - Convert Thai Baht to Panamanian Balboa

Looking at the 30-day window, the THB/PAB pair traded in a range of 0.029400 to 0.031400. The monthly average was 0.030634 with 1.62% volatility. This downward movement of 2.7% suggests significant momentum in the THB/PAB exchange rate.

The current mid-market exchange rate is 1 THB = 0.030098 PAB, updated as of July 3, 2026, 11:38 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.

Thai Baht to Panamanian Balboa Exchange Rate

The THB/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Thai Baht (THB). At the current mid-market rate of 1 THB = 0.030098 PAB, 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 THB to PAB Rate

Exchange rates between Thai Baht and Panamanian Balboa 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 THB/PAB rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from THB to PAB

International money transfers from Thai Baht to Panamanian Balboa 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 THB/PAB Calculator

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

Reverse Rate: PAB to THB

The reverse exchange rate is 1 PAB = 33.2248 THB. This is useful if you are starting with Panamanian Balboa and want to know how much Thai Baht you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated PAB to THB converter for the reverse direction.