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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 Bahraini Dinar (BHD) is the official currency of Bahrain, a small island nation in the Persian Gulf. It is subdivided into 1,000 fils and is known for being one of the strongest currencies in the world in terms of exchange rate value against the US dollar.