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Easily convert CHF to PAB with ConvertOnline's efficient tool.
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, distinguished by its stability and strong reputation in the global financial market. As a fiat currency, it is issued by the Swiss National Bank and serves as a medium of exchange, a unit of account, and a store of value within the Swiss economy and beyond.
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.