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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 Angolan Kwanza (AOA) is the official currency of Angola, a country located in southwestern Africa. As a fiat currency, it is issued and regulated by the National Bank of Angola and is used for all forms of economic transactions within the country.