Convert Bahraini Dinar to Panamanian Balboa
Please provide values below to convert Bahraini Dinar [BHD] to Panamanian Balboa [PAB], or Convert Panamanian Balboa to Bahraini Dinar.
How to Convert Bahraini Dinar to Panamanian Balboa
1 BHD = 0.376 PAB
Example: convert 15 BHD to PAB:
15 BHD = 15 × 0.376 PAB = 5.64 PAB
Bahraini Dinar to Panamanian Balboa Conversion Table
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.