1 VES to PAB - Convert Venezuelan Bolívar to Panamanian Balboa

Looking at the 30-day window, the VES/PAB pair traded in a range of 0.001900 to 0.002100. The monthly average was 0.001993 with 1.77% volatility. The relatively low volatility indicates stable trading conditions for the VES/PAB currency pair.

The current mid-market exchange rate is 1 VES = 0.001531 PAB, updated as of July 3, 2026, 6:09 AM 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.

Venezuelan Bolívar to Panamanian Balboa Exchange Rate

The VES/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Venezuelan Bolívar (VES). At the current mid-market rate of 1 VES = 0.001531 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.

How to Get the Best VES to PAB Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Using the VES/PAB Calculator

The free calculator at the top of this page converts any amount between Venezuelan Bolívar 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/VES rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Venezuelan Bolívar Overview

The Venezuelan Bolivar (VES) is the official currency of Venezuela. Hyperinflation and multiple redenominations have characterized the bolivar's recent history. Understanding the fundamentals behind VES helps contextualize its exchange rate movements against PAB and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 VES = 0.001531 PAB 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.