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Easily convert IQD to PAB with ConvertOnline's efficient tool.
The Iraqi Dinar (IQD) is the official currency of Iraq, used for all forms of monetary transactions within the country. It is subdivided into 1,000 fils and is issued by the Central Bank of Iraq, which manages the country's monetary policy and regulates the currency's supply.
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.