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Easily convert LYD to PAB with ConvertOnline's efficient tool.
The Libyan Dinar (LYD) is the official currency of Libya, introduced in 1971 to replace the Libyan pound. It is subdivided into 1,000 dirhams and is used as a medium of exchange for goods and services within the country. The dinar operates under the regulation of the Central Bank of Libya and plays a crucial role in the country's economy.
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.