Convert Panamanian Balboa to Belarusian Ruble
Please provide values below to convert Panamanian Balboa [PAB] to Belarusian Ruble [BYN], or Convert Belarusian Ruble to Panamanian Balboa.
How to Convert Panamanian Balboa to Belarusian Ruble
1 PAB = 0.319386777387416 BYN
Example: convert 15 PAB to BYN:
15 PAB = 15 × 0.319386777387416 BYN = 4.79080166081124 BYN
Panamanian Balboa to Belarusian Ruble Conversion Table
| Panamanian Balboa | Belarusian Ruble |
|---|
Panamanian Balboa
The Panamanian Balboa (PAB) is the official currency of Panama, subdivided into 100 centésimos, used primarily for coinage alongside the US dollar.
History/Origin
Introduced in 1904, the Balboa was established as Panama's official currency to promote national identity, initially backed by gold, but since 1941 it has been pegged at par to the US dollar, which is also widely accepted in the country.
Current Use
Today, the Balboa is mainly used for coinage and official transactions within Panama, with the US dollar serving as the primary currency for most practical purposes, including banking and commerce.
Belarusian Ruble
The Belarusian Ruble (BYN) is the official currency of Belarus, used for all monetary transactions within the country.
History/Origin
The Belarusian Ruble has undergone several reforms and redenominations since its initial introduction in 1992 following independence from the Soviet Union, with the current version introduced in 2016 to stabilize the economy and replace the previous ruble at a rate of 1 new BYN = 10,000 old rubles.
Current Use
Today, the Belarusian Ruble is the sole legal tender in Belarus, used in everyday transactions, banking, and electronic payments across the country.