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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 Danish Krone (DKK) is the official currency of Denmark, Greenland, and the Faroe Islands. It is subdivided into 100 Ăžre and is managed by the Danish National Bank. The Krone is known for its stability and is a key part of Denmark's strong economy.