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The Mongolian Tögrög (MNT) is the official currency of Mongolia, introduced in 1925 to replace the Mongolian dollar. It serves as the primary medium of exchange in the country, facilitating trade and commerce in both local and international markets.
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.