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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.
The Albanian Lek (ALL) is the official currency of Albania, established in 1926. It serves as the primary medium of exchange within the country, facilitating trade and economic transactions among individuals and businesses.