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Easily convert BOB to PAB with ConvertOnline's efficient tool.
The Bolivian Boliviano (BOB) is the official currency of Bolivia, introduced in 1987 to replace the previous currency, the Bolivian peso. It is subdivided into 100 centavos and is used in all transactions within the country, playing a crucial role in facilitating trade and economic activities.
The Panamanian Balboa (PAB) is the official currency of Panama, named after the Spanish explorer Vasco NĂșñez de Balboa. It is pegged to the US dollar at a one-to-one exchange rate, which means that both currencies circulate freely in the country, making transactions convenient for both locals and tourists.