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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 Guyanaese Dollar (GYD) is the official currency of Guyana, a country located in the northeastern part of South America. It serves as the primary medium of exchange for goods and services within the nation and is subdivided into 100 cents. The currency plays a crucial role in the economy of Guyana, which has been experiencing growth driven by sectors such as agriculture, mining, and emerging oil production.