Explore the Currency Pair PAB/SEK

The currency pair PAB/SEK represents the exchange rate between the Panamanian balboa (PAB) and the Swedish krona (SEK). Understanding the dynamics between these two currencies can be crucial for investors, travelers, and business people involved in international transactions.

Panamanian Balboa (PAB)

The Panamanian balboa (PAB) is the official currency of Panama and has been in circulation since 1904. The currency is named after the Spanish explorer Vasco Núñez de Balboa. Interestingly, both the balboa and the United States dollar (USD) are used in parallel in Panama, with a fixed exchange rate where 1 PAB is always equal to 1 USD.

Swedish Krona (SEK)

The Swedish krona (SEK) is the official currency of Sweden and was introduced in 1873. The krona has a strong history and is one of the most traded currencies in the world. Sweden's stable economy and strong finances make the krona an attractive currency for investors.

Convert Between PAB and SEK

On our website, you can easily convert between Panamanian balboa and Swedish krona, as well as other currencies. Follow these simple steps to use our currency converter:

1. Enter the amount you want to convert.
2. Select the original currency.
3. Choose the target currency.
4. The conversion will then be done automatically.

In addition to providing quick and easy conversion, we also display a chart with historical figures for the currency pair PAB/SEK. This gives you a better understanding of how the exchange rate has changed over time, which can be very helpful in decision-making.

Simple and Reliable Currency Conversion

Whether you are an investor, traveler, or business person, our currency converter can help you quickly and easily convert between different currencies. Discover how smooth it can be to keep track of exchange rates and make informed decisions using our tools.